The German car concerts Volkswagen and the Indian competitor Tata want to work together in the development. An intelligence clarification for a strategic alliance was signed, Volkswagen announced today in Wolfsburg.
The aim is to raise the expertise of the two automakers in the development of common vehicle components to possible vehicle concepts. Strut a long-term partnership on the Indian subcontinent. Skoda Unehmen in the Volkswagen Group the project management. Financial details were not mentioned.
Volkswagen strives to grow successfully with his products on the fast-growing Indian market and hopes for "specific market knowledge and local development expertise" at Tata. The potential partner from India focuses on "the appropriation of new technologies, better use of the efficiency of platforms and the supply of solutions based on the tuning of our customers," such as Gunter Bouchek, CEO and Managing Director of Tata Motors Ltd. said.
In the next few months, the course is to be staked and the contractual framework conditions of cooperation in detail should be increased and developed. Until then, silence was arranged, strolled it. Since last summer, there had been reports on a possible cooperation of Volkswagen and Tata.