According to CFO Arno Antlitz, Volkswagen is currently negotiating additional partnerships in India.

This involves the joint production of vehicles, he said on Thursday at the Reuters Automotive Europe conference in Munich. "We are in very good talks," he said. "It is very, very concrete."

The Indian market represents a clear opportunity for the Group, Antlitz emphasized. The potential of India should not be underestimated, especially in view of the trade dispute between the USA and China. In India, the company has a larger plant in Pune and a smaller production facility in Aurangabad. A total of around 250,000 vehicles roll off the production line there every year, mainly models for the Indian market. The Czech subsidiary Skoda is responsible for Volkswagen's business in India.

Volkswagen last agreed a cooperation with the Indian car manufacturer Mahindra in February. According to the agreement, the Wolfsburg-based car manufacturer will supply various components of its MEB vehicle platform to Mahindra. The Indian car manufacturer is the first external partner to also use Volkswagen's battery concept.

(Report by Joe White and Chris Steitz, written by Christina Amann, edited by Myria Mildenberger. If you have any questions, please contact our editorial team at (for politics and the economy) or (for companies and markets)