Maruti is likely to make cars for Volkswagen
JimAndaz.com - India News and Events of India
Advanced Search
 
Regional News RSS Feed
Home > Automobile > Cars > Maruti is likely to make cars for Volkswagen
Maruti is likely to make cars for Volkswagen
 
Maruti is likely to make cars for Volkswagen

Bangalore : India's top car maker Maruti Suzuki may manufacture cars for German auto firm Volkswagen's global market on a contract basis, according to a report, citing Maruti's managing director.

"The talks with Volkswagen are going on at a global level and there is still no clear picture. There is a possibility of an OEM (original equipment manufacturing) supply contract with them, like we have with Nissan," Shinzo Nakanishi was quoted as saying according to a daily.

But, there was no possibility of platform sharing as the German company's production and product development costs were huge, which could affect Maruti's business viability, Nakanishi, who is also Maruti's chief executive told reporters.

Maruti Suzuki currently has a three-year contract with Nissan to make and export the Pixo hatchback to European markets. The contract, for a minimum of 35,000 units a year is set to expire in 2011, according to a report. Volkswagen bought a near 20-per cent stake in Maruti's parent Japan's Suzuki Motor Corp in January.
Posted On : 09 Aug 10
Latest Cars News
Carzonrent have added 90 Mercedes C-Class vehicles for Limo Service
Kenwood Corporation introduces new range of car entertainment systems
Chevrolet Beat diesel launched
Ford India unveils new Fiesta
Maruti Suzuki along with McDonald's launches 'Eeco-Meal' promotion
Jaguar Land Rover establishes new dealership in Kolkata
Tata Motors, UBI reach understanding on financing range of vehicles
Etios sedan launched by Toyota in India
General Motors announces new Sedan model for India
Jaguar launches XF diesel in India
Nissan announces arrival of Micra to India in December
BMW rolled out its 10,000th car from Chennai unit
Premium SUV XC60 powered by D5 twin-turbo diesel engine launched
Aurangabad this time banks on 101 BMWs after Merc
Maruti Suzuki, HMIL not losing sleep over Toyota's Etios
Press Release Submission Free
Submit your Press Release related to corporate news, announcements and events absolutely FREE of cost & reach out masses. Learn More...
 
Top Indian News
Asia Pacific tourism all set to record growth of ...
Ranbir Kapoor, Vidya Balan won Best Actors at Filmfare ...
Sony Ericsson Launches Xperia Ray Smartphone ...
Facebook Banned by Indian Army ...
RBI opting for Secured Environment in Banks ...
Mahindra Satyam to Press Pedal by June 2012 ...
Global Expansion planned for Ashok Leyland by Hinduja Group ...
IGNOU to focus on more foreign tie-ups ...
India-Thailand FTA by middle of 2012 ...
Ex-IITian NRI's 5 mn dollar gift to cancer research ...
More...
Maruti is likely to make cars for Volkswagen
Tags | About Us | Sitemap
Copyright © 2009 Jupiter Infomedia Pvt. Ltd. All rights reserved including the right to reproduce the contents in whole or in part in any form or medium without the express written permission of Jupiter Infomedia Pvt. Ltd.