VW's Skoda open to partnerships on India low-cost car - CEO [Reuters]
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Source: Reuters
VW's Skoda open to partnerships on India low-cost car - CEO | Reuters Reuters Staff 2 Min Read FRANKFURT (Reuters) - Volkswagen’s Skoda division remains open to teaming up with other players to help meet cost targets to build a low-cost car for emerging markets, its chief executive said, after cooperation talks with India’s Tata Motors collapsed. Skoda, commissioned by Volkswagen (VW) to explore an entry-level car platform with a focus on India, and Tata last month said talks had ended after their cooperation failed to hit cost-savings goals. While the German group’s Czech arm has since been assessing unilaterally whether VW’s MQB A0 platform could form the basis for a low-cost vehicle, it is still open to collaborate with other players on the emerging-markets vehicle project. “We are open to partnerships provided they yield the desired technical and economic synergies,” Skoda CEO Bernhard Maier said in an interview this week at the Frankfurt auto show. Skoda has held talks with a gro
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