Source: Business Standard, Sept 30, 2019
Mumbai: If the Skoda range of cars was the first brand the Volkswagen Group saw winning the favour of customers in India when it first launched in 2001, it is making no mistake about using the same established benchmark to drive forward the company’s operations in the subcontinent for the future. Next month, three corporate entities run by the group will be subsumed under one new entity – Skoda Auto Volkswagen India Private Limited (SAVWIPL).
It will serve as the new streamlined corporation entity for the group that sells cars that include Audis, Porsches Volkswagens, and Lamborghinis. The three Indian subsidiaries being merged are Volkswagen India Private Ltd, Volkswagen Group Sales India Private Ltd and Skoda Auto India Private Ltd, according to sources. Read the rest of this entry »