Skoda CEO says VW aims to finalise India partner deal this year
Skoda CEO Klaus Zellmer said Volkswagen expects to sign a deal with a local partner in India this year, potentially ceding control to share investment risk as the automaker seeks scale in the fast-growing market. The plan supports launching clean-energy vehicles to meet tighter emission rules from 2027, while VW also faces a $1.4 billion India tax demand over alleged import-tax evasion that it is challenging.