TaMo, Skoda to Jointly Develop Products

Homegrown auto major Tata Motors will form a long-term partnership with Volkswagen Group and Skoda to explore strategic alliance opportunity for joint development of products, technologies and component sourcing. Tata Motors and Skoda Auto, representing the Volkswagen Group, will detail out the guiding principles and terms of cooperation in the next few months. The agreement for the alliance was signed by Guenter Butschek, managing director of Tata Motors, Matthias Mueller, CEO of Volkswagen AG, and Bernhard Maier, CEO of Skoda Auto on the sidelines of the Geneva Auto Show.

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