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Tata Motors and Skoda cease discussions on potential partnership

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Capital Market
Last Updated : Aug 10 2017 | 5:47 PM IST

After joint technical feasibility and commercial evaluation

Tata Motors and Skoda Auto have performed a joint technical feasibility and commercial evaluation of a potential collaboration. Based on intense and constructive discussions, both the companies have jointly concluded that the envisioned areas of partnership may not yield the desired synergies as originally assessed. Nevertheless, the two companies have decided to keep in touch for future areas of collaborations.

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First Published: Aug 10 2017 | 5:02 PM IST

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