MUMBAI: Tata Motors and Skoda Auto ended discussions around a potential partnership that, if materialised, would have the two automakers and the VW Group sharing vehicle platforms, engines and even production facilities.However, Tata Motors and the VW Group — the German automobile behemoth that owns companies such as Volkswagen , Skoda and Audi — have kept the door open for future partnerships, the two companies said. But people in the know of the matter ruled out the possibility of them renewing the talks, at least in the near future.The talks, which were initiated almost a year back, fell through as the feasibility study did not yield the desired benefits as expected, India’s largest automaker by revenue said in a news statement on Thursday. "However, we remain positive of exploring future opportunities with the Volkswagen Group, given the relationship of mutual respect that we witnessed during the phase of our cooperation discussions," he added. ET was the first to report about a potential partnership between Tata Motors and the VW Group on February 22. Volkswagen will have to look urgently at an ideal vehicle architecture for India to stay relevant in the market.

Source: Economic Times August 10, 2017 10:08 UTC