Volkswagen Group to merge 3 PV Indian entities

New Delhi: German auto major Volkswagen (VW) on Wednesday said it intends to merge all passenger car (PV) entities in India, which will now be led by group firm Skoda Auto as part of its new strategy for the country. The boards of the three Indian subsidiaries – Volkswagen India Private Ltd (VWIPL), Volkswagen Group Sales India Pvt Ltd and Skoda Auto India Pvt Ltd (SAIPL) – have approved the proposal for their merger, the Volkswagen (VW) Group said.

The proposed merger is now subject to necessary regulatory and statutory approvals. It, however, said VW Group brands – Volkswagen, SKODA, Audi, Porsche and Lamborghini – will maintain their individual identities, dealer network and customer experience initiatives. The brands will work under the leadership of Gurpratap Boparai, who is currently the managing director of VWIPL and SAIPL, with a common strategy for the Indian market.

(For all the latest News, Mumbai, Entertainment, Cricket, Business and Featured News updates, visit Free Press Journal. Also, follow us on Twitter and Instagram and do like our Facebook page for continuous updates on the go)

Free Press Journal