- Volkswagen (VLKAY) and Tata Motors (NYSE:TTM) plan to work together In India after signing a memorandum of understanding, sources indicate to Reuters.
- An official announcement from the automobile companies is still pending.
- IHS Markit forecasts that car sales in India will more than double to 7.1M vehicles by 2025.
- Previously: Tata and Volkswagen in partnership talks (Feb. 21)
Volkswagen and Tata a step closed to partnership in India
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