Reuters logo
VW Group, Tata cooperation talks have been ended 'amicably' - source
August 10, 2017 / 9:29 AM / in 4 months

VW Group, Tata cooperation talks have been ended 'amicably' - source

FRANKFURT, Aug 10 (Reuters) - Cooperation talks between Germany’s Volkswagen Group and India’s Tata Motors about joint development of a cheap car for emerging markets, have been ended amicably, a Volkswagen Group source said on Thursday.

Volkswagen was not immediately available for comment.

In March, Tata Motors and Volkswagen announced a Memorandum of Understanding (MoU) for a long-term partnership to explore joint development of products for customers in India and other markets.

Volkswagen’s entry-level Skoda brand was due to develop an entry level car platform together with Tata. (Reporting by Frankfurt Newsroom; Editing by Georgina Prodhan)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below