Tata Motors has signed a Memorandum of Understanding (MoU) with which company for exploring Joint Development projects?

Hyundai
Toyota
Ford Motors
Volkswagen Group and Skoda
Mahindra

LohaHridoy

4 views

2025-01-04 04:42

1 Answers

AhmedNazir

Option 4 : Volkswagen Group and Skoda

The correct answer is Volkswagen Group and Skoda.

Tata Motors has inked a Memorandum of Understanding (MoU) with Volkswagen Group and Skoda for exploring:
- Joint Development projects.
- To develop innovative solutions for Indian and overseas markets.
- To evaluate combined value chain activities to create synergies Partnership to help Tata Motors become “Future Ready” by embracing new technologies.
The agreement has been inked by Guenter Butschek, CEO & MD of Tata Motors, Matthias Mueller, CEO of Volkswagen AG and Bernhard Maier, CEO of Skoda Auto.
In this agreement Skoda Auto will take the lead on behalf of the Volkswagen Group to drive forward.

Tata Motors:
- Tata group was founded by Jamsetji Tata in 1868. Tata Motors is among the world’s leading manufacturers of automobiles.
- Tata Motors Group (Tata Motors) is a $34 billion organization. Its varied portfolio includes an extensive range of cars, trucks, buses, sports utility vehicles, and defence vehicles.
- Chairman: Natarajan Chandrasekaran
Volkawagen Group:
- Chairman: Ralf Brandstätter
- Headquarters: Wolfsburg, Germany

4 views Answered 2022-09-04 04:29

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