Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Company

Car makers Volkswagen, Tata freeze cooperation talks

August 11, 2017


Abstract : Germany's Volkswagen AG and India's Tata have broken off talks concerning a potential cooperation between the two car makers, a spokesperson for the Volkswagen brand Skoda confirmed on Thursday.

BERLIN, Aug. 10 (Xinhua) -- Germany's Volkswagen AG and India's Tata have broken off talks concerning a potential cooperation between the two car makers, a spokesperson for the Volkswagen brand Skoda confirmed on Thursday.

In March, Volkswagen announced its intention to develop some car parts and vehicle concepts with the Indian behemoth.

Both firms have now concluded that the anticipated benefits of such a cooperation could not be achieved.

Nonetheless, both firms said they remained open to future discussions.

The news came as Volkswagen struggles to contain the domestic fall-out of the developing diesel and cartel scandals.

Bernd Osterloh, the head of Volkswagen's workers' council and member of Europe's largest union IG Metall, wants to prevent the "dieselgate" and "cartel" scandals from being dragged into election campaigns for Germany's national election in September.

The election campaign has made discussions over the future of the German automotive industry unnecessarily emotional, Osterloh told Braunschweiger Zeitung on Thursday.

IG Metall is currently collecting signatures in German Volkswagen plants for a petition which calls on politicians not to use the industry's crisis for political gain.

An ARD DeutschlandTrend survey on Wednesday revealed that 57 percent of Germans had lost trust in domestic car makers. Enditem

Scan the QR code and push it to your mobile phone

Keyword: Volkswagen Tata

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial