Deliver Your News to the World

ŠKODA AUTO and Tata Motors Ltd end detailed negotiations on a strategic partnership

ŠKODA AUTO and Tata Motors Ltd end detailed negotiations on a strategic partnership


Mladá Boleslav – WEBWIRE

ŠKODA AUTO has assessed and evaluated a potential strategic collaboration with Tata Motors Ltd over recent weeks and months. In doing so, both companies have concluded that at present, neither the technical nor the economic synergies are achievable to the extent desired by both parties. As a result, a planned strategic alliance will no longer be pursued for the time being. Both companies would like to emphasise that following the intensive and constructive discussions of the last few months, they are not ruling out possible future collaborations.


( Press Release Image: http://photos.webwire.com/prmedia/6/212119/212119-1.png )


WebWireID212119





This news content was configured by WebWire editorial staff. Linking is permitted.

News Release Distribution and Press Release Distribution Services Provided by WebWire.