Skoda to Merge Indian Passenger Car Businesses

Date : 10/07/2019 @ 8:59AM
Source : Dow Jones News
Stock : Volkswagen AG (VOW3)
Quote : 177.52  0.94 (0.53%) @ 4:34PM

Skoda to Merge Indian Passenger Car Businesses

Volkswagen (XE:VOW3)
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By Carlo Martuscelli

 

Skoda Auto a.s. said Monday that it will consolidate its three Indian passenger subsidiaries into a single unit.

Volkswagen India Private Ltd., Volkswagen Group Sales India Private Ltd. and Skoda Auto India Private Ltd. will become one division, which will be known as Skoda Auto Volkswagen India Private Ltd., said Skoda, which is in turn owned by Volkswagen AG (VOW.XE).

 

Write to Carlo Martuscelli at carlo.martuscelli@dowjones.com

 

(END) Dow Jones Newswires

October 07, 2019 04:44 ET (08:44 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.


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