Maruti Suzuki to Fellow japanese parent to cooperative with Volkswagen,a final picture will emerge in two to three months

Maruti Suzuki to Fellow japanese parent to cooperative with Volkswagen,a final picture will emerge in two to three months
German car major Volkswagen is in advanced stages of negotiations with Maruti Suzuki for joint engagements on a number of areas, which are still evolving, and these talks would be formalised in a few months. Joerg Mueller, chief representative of the VW group in India, told TOI that the companies were trying to thrash out areas where partnerships and joint strategies could be worked out for the Indian market. The seriousness of the talks is evident considering that a number of VW officials have already visited the factories of Maruti in Haryana.
“Yes, I can confirm that representatives from VW’s international office as well as Indian operations have visited Maruti’s facilities,” he said, though promptly adding that “it is normal for people to visit each other considering our global partnership”. Maruti officials are also believed to have visited the premises of VW India, though a company spokesperson declined comments.
two company could be looking car at pricing between Rs 3-4.5 lakh
The proposals are being studied at Volkswagen headquarters and a final picture will emerge in two to three months,” He added “We still need to look at the Up! concept because small cars form the biggest segment in India, around 50% of the market, he said. Should the model be considered for the India market, the company could be looking at pricing it between Rs 3-4.5 lakh”.
It may be noted that experts and market analysts had believed that VWs interest in Suzuki came precisely due to its stronghold on the Indian market through Maruti. In almost all major markets including China, VW, has been a late entrant in the fat growing Indian car market where it currently has a negligible presence. After the German car company bought a near 19.1% stake in Maruti’s Japanese parent Suzuki.
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