VW, Tata talks may advance

New Delhi, Feb. 23: Tata Motors and Volkswagen, are likely to give a concrete shape to their ongoing ‘openended’ talks for partnership at the Geneva Motors Show scheduled for next month.

The two firms are understood to have been holding discussions for a while over the possibility of joining hands and finding synergies, keeping in view the technological developments such as autonomous driving and shared mobility along with stricter emission norms challenging the automotive industry.

When contacted, a Volkswagen Group spokesperson said that it is committed to the Indian market, as the country is an integral part of its growth strategy especially among the emerging markets.

“To enlarge the product portfolio with tailormade solutions, for example in India, VW Group is discussing and defining these proactively with potential partners as well as between the brands of the Group. It is therefore, premature to make any further disclosures at the moment.”

With its future programme ‘Together strategy 2025’ Volkswagen Group empowers its brands with new responsibilities in the respective regions, the VW spokesperson added.

Similarly, Tata Motors spokesperson said: “As prevalent in the automotive industry, we regularly have discussions with different companies to explore future collaborations but we do not have any specific announcements at present.” – PTI