Mexican Media Brands
VW Approved to Merge Units in India
Volkswagen AG says it has received regulatory approvals in India to combine its local Skoda, Volkswagen and sales units.
#regulations
Share
Volkswagen AG says it has received regulatory approvals in India to combine its local Skoda, Volkswagen and sales units.
The merger, which was announced in April, creates a Pune-based company named Skoda Auto Volkswagen India. CEO Bernhard Maier says the business will take over several regional offices and VW factories in Aurangabad and Pune.
Skoda Auto Volkswagen also will handle Audi, Lamborghini and Porsche sales in India. Each brand will continue to operate its own dealer network.
The unified company plans to introduce a range of India-specific models, beginning next year. The first of the vehicles will be the Skoda Karoq, a small crossover that uses VW’s ultra-low-cost MQB “AO” small-car chassis.
RELATED CONTENT
-
U.S. in No Hurry to Regulate Autonomous Vehicles
The National Highway Traffic Safety Administration says the emerging technology involved in self-driving cars is too new to be tightly regulated.
-
Study: How States Should Update Traffic Laws for Autonomous Cars
U.S. states should require that all automated cars have a licensed driver on board, suggests a study by the Governors Highway Safety Assn.
-
Bill on Self-Driving Cars Stalls in Senate
Congressional efforts to make it easier to develop self-driving cars in the U.S. have stalled in the Senate despite strong bipartisan support.