Volkswagen Group reopens talks with JSW Group in India for potential joint venture. JSW Auto may manage local operations using technology from Volkswagen and SAIC Motor. Discussions are in early stages, no terms decided yet. Volkswagen reaffirms commitment to innovative mobility solutions for Indian consumers. Tie-up with JSW would escalate Volkswagen’s presence in India. Talks with Mahindra & Mahindra seem to have slowed down. In the past, Volkswagen and Mahindra signed an initial supply agreement for electric components. Talks with JSW follow slowdown in negotiations with Mahindra & Mahindra. Original article published by Just Auto.
Read more at Yahoo Finance: Volkswagen Group in renewed talks with JSW Group over possible India JV
