Volkswagen, Tata Motors confirm to explore cooperation
Friday, March 10, 2017, 3:35 PM
Volkswagen and Tata Motors said they had signed a memorandum of understanding to explore a strategic partnership in India, confirming a Reuters story from Thursday. The two carmakers said they hoped to jointly develop vehicle components and also possibly vehicle concepts for the Indian subcontinent and overseas markets. Volkswagen said its Skoda unit would lead the project.