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Volkswagen and Tata Motors agree to work together in India

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Volkswagen and Tata Motors agree to work together in India

Chairman of the Board of Volkswagen, Matthias Mueller, and CEO of Tata Motors, Guenter Butschek, signed a protocol of intentions over a joint development of automotive components and vehicles in India and abroad, Volkswagen reports.

“We are convinced that both companies, working together, will be able to use the strengths of each other to create synergies and to develop intelligent and innovative solutions in the Indian and foreign markets”, - CEO of Tata Motors, Guenter Butschek, commented the event.

It is Skoda, which is incorporated in Volkswagen group, that will take on the project. The initial goal is to explore the experience of development in the local market.

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