Tata Motors, Volkswagen likely to ink partnership at Geneva Motor Show | business-news | Hindustan Times
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Tata Motors, Volkswagen likely to ink partnership at Geneva Motor Show

Tata Motors Ltd is in advance talks with Volkswagen Group for a partnership, a financial daily reported on Wednesday. An announcement on the same is likely to be made at the Geneva Motor show next month, the financial daily reported.

business Updated: Mar 10, 2017 11:04 IST
HT Correspondent
Tata Motors logos are seen at their flagship showroom in Mumbai.
Tata Motors logos are seen at their flagship showroom in Mumbai.(REUTERS)

Tata Motors Ltd is in advance talks with Volkswagen Group for a partnership, a financial daily reported on Wednesday. An announcement on the same is likely to be made at the Geneva Motor show next month, the financial daily reported.

The two automakers are in talks for a technology tie-up with vehicle architecture at the heart of the discussions. The final contours of the agreement are being worked out.

A spokespersons at Volkswagen Group India declined to comment. A Tata Motors spokesperson said as a company Tata Motors keeps discussing various possibilities and there’s nothing more to share.

Tata Motors’ stocks showed no reaction to the report. At 1:15 pm, the Tata Motors scrip was trading 0.84% up at Rs 462.40.

(With inputs from Livemint)