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Volkswagen Group and Tata Motors Ltd. to explore strategic alliance for joint development projects; ŠKODA to lead

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Matthias Müller, CEO of Volkswagen AG, Bernhard Maier, CEO of ŠKODA Auto and Günter Butschek, CEO and Managing Director of Tata Motors Ltd., The goal of the strategic alliance is to bundle the expertise of both car manufacturers with a view to jointly developing vehicle components and possibly also vehicle concepts. billion in 2015-16.

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Volkswagen Group to invest €51.6B over next five years; seeking to make itself future-proof

Green Car Congress

NOVEMBER 19, 2010

The Group will continue driving forward the development of hybrid and electric motors in particular. The Volkswagen Group is one of the world’s leading automobile manufacturers and the largest carmaker in Europe. Tags: Engines Hybrids Market Background Motors Vehicle Manufacturers. billion (US$14.5

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