2 months ago
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19th November 2024, 18:02
| #1 |
| Senior - BHPian
Join Date: Jul 2017 Location: Pune Posts: 6,911 Thanked: 60,927 Times | Mahindra & Skoda-VW neglect to scope statement implicit JV terms According to a media report, Mahindra and Skoda Auto VW India person failed to scope a statement implicit the presumption of a projected associated venture. Mahindra & Mahindra and Skoda Auto VW India person already signed a bid of nonbinding memoranda of knowing (MoUs) implicit the past fewer months. The study states that a fewer much were expected to beryllium signed astatine the extremity of this month. However, the discussions look to person slowed down. The VW Group’s India concern is looking for a spouse to stock improvement costs and risks. But, arsenic per the latest reports, Mahindra is reluctant to compromise, fixed its stronger presumption successful the home market. It appears that Mahindra, with its past acquisition of negotiating a associated task with Ford, is playing it harmless this time. That being said, the VW Group is said to person agreed to stock components of the MEB level with Mahindra. There has been nary authoritative connection from either of the parties regarding the existent presumption of the negotiations. Source: ET Auto Last edited by TusharK : 19th November 2024 astatine 18:06. |
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19th November 2024, 18:09
| #2 |
| BHPian
Join Date: Dec 2020 Location: TS07 Posts: 738 Thanked: 3,661 Times | Re: Mahindra & Skoda-VW neglect to scope statement implicit JV terms Good for VW, fixed Mahindra's past grounds of disastrous associated ventures. On different note, wherefore cant VW find idiosyncratic similar JSW conscionable similar MG? I mean, VW is simply a elephantine and needs nary assistance successful conveyance development. All they request are funds, truthful wherefore not effort idiosyncratic similar JSW? When idiosyncratic with arsenic overmuch arsenic expertise arsenic MG tin spouse with JSW, I deliberation it should beryllium casual for VW too, fixed their expertise successful automobiles. |
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19th November 2024, 18:31
| #3 |
| BHPian Join Date: Aug 2019 Location: Trivandrum Posts: 144 Thanked: 375 Times | Re: Mahindra & Skoda-VW neglect to scope statement implicit JV terms Really blessed to hear. We request skoda and vw to proceed successful India. Mahindra makes bully cars but their way grounds connected associated ventures is precise atrocious - Ford , Sangyong. As a Ford Figo proprietor I judge Ford would person been inactive astir if they selected idiosyncratic different than Mahindra for the JV |
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19th November 2024, 18:39
| #4 |
| BHPian
Join Date: Jun 2009 Location: Udumalpet / Che Posts: 319 Thanked: 239 Times | Re: Mahindra & Skoda-VW neglect to scope statement implicit JV terms Couldn't beryllium happier to hear. We request VW and Skoda to beryllium present to enactment and fixed however M&M utilized to woody the JVs, earnestly uncertainty if they had, had they chosen to spell up with this JV. In my Opinion, TML and VW would beryllium a perfect match. Where TML tin summation entree to immoderate coagulated powertrain tech and VW tin person entree to debased outgo manufacturing. Let's see. |
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19th November 2024, 18:51
| #5 |
| BHPian Join Date: Jun 2009 Location: KA, TN Posts: 425 Thanked: 368 Times | Re: Mahindra & Skoda-VW neglect to scope statement implicit JV terms This perchance is going the aforesaid way arsenic the Ford JV discussions. One are wherever the planetary giants are trying hard is to lucifer the frugality and sourcing powerfulness of M&M. I doubt, Mahindra are acceptable to stock it with a planetary spouse successful the existent scenario. One thing, I noticed from the begining of the quality announcement is the requirment for equity ingestion to VW India and precise small astir merchandise collaboration. Two areas that would person complemented some the companies is: 1. VW requires a beardown diesel for its portfolio - Skoda Kodiaq and Tiguan some necessitate bully diesels arsenic portion of the portfolio successful summation to their Petrol powertrains 2. M&M requires a hybrid powertrain. They could person tapped into VW's expertise to physique competent hybrid powertrains for XUV700 and ScorpioN Last edited by suhaas307 : 20th November 2024 astatine 00:25. Reason: Spacing and formatting |
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19th November 2024, 20:05
| #6 |
| Senior - BHPian
Join Date: Apr 2011 Location: BLR <-> CBE Posts: 2,127 Thanked: 5,945 Times | Re: Mahindra & Skoda-VW neglect to scope statement implicit JV terms Though I person bully respect for the caller products that Mahindra person been launching, the mode they grip JVs has ever been terrible. It is bully for VW-Skoda India that the JV hasn't materialized (yet) Mahindra tin either engulf a institution and wholly dissolve that company's marque & civilization oregon beryllium a atrocious spouse and resistance the different institution down. Just look astatine the database of companies that person suffered the Mahindra effect - Renault, Ford, Kinetic, Maini, Ssangyong, Pininfarina, Satyam... The database keeps growing! |
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19th November 2024, 22:35
| #7 |
| BHPian
Join Date: Apr 2015 Location: Bangalore Posts: 581 Thanked: 1,401 Times | Re: Mahindra & Skoda-VW neglect to scope statement implicit JV terms I americium glad! I would alternatively VW becomes a CKD & CBU subordinate alternatively than dilute its offerings to usage Mahindra platforms. |
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19th November 2024, 22:47
| #8 |
| BHPian Join Date: Aug 2024 Location: CJB,TN; CCU,WB Posts: 57 Thanked: 113 Times | Re: Mahindra & Skoda-VW neglect to scope statement implicit JV terms Is this going to beryllium an different Volkswagen - Suzuki partnership? Time volition tell, but close present it looks similar that. |
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19th November 2024, 23:32
| #9 |
| BHPian Join Date: Aug 2022 Location: HYDERABAD Posts: 460 Thanked: 1,332 Times | Re: Mahindra & Skoda-VW neglect to scope statement implicit JV terms Quote:
Originally Posted by saikishor On different note, wherefore cant VW find idiosyncratic similar JSW conscionable similar MG? I mean, VW is simply a elephantine and needs nary assistance successful conveyance development. All they request are funds, truthful wherefore not effort idiosyncratic similar JSW? When idiosyncratic with arsenic overmuch arsenic expertise arsenic MG tin spouse with JSW, I deliberation it should beryllium casual for VW too, fixed their expertise successful automobiles. The full contented is that with truthful overmuch wealth they invested to make the technology, it works retired if they stock it, they volition prevention connected costs with economies of scale. For that they request a spouse and Mahindra expressed tendency to instrumentality technology. That mode VW tin recoupe wealth mislaid connected each car they sell. Now a spouse tin put wealth bargain cannot assistance successful scaling parts consumption. Last edited by suhaas307 : 20th November 2024 astatine 00:28. Reason: Typo - some: so |
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19th November 2024, 23:35
| #10 |
| BHPian Join Date: Jul 2019 Location: Bangalore Posts: 183 Thanked: 307 Times | Re: Mahindra & Skoda-VW neglect to scope statement implicit JV terms I'm truly blessed for this breakout. Having a concern with Mahindra is simply a Jinx. Mahindra is known to termination brands. |
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20th November 2024, 01:12
| #11 |
| BHPian
Join Date: Aug 2023 Location: Earth Posts: 284 Thanked: 599 Times | Re: Mahindra & Skoda-VW neglect to scope statement implicit JV terms Q: Regarding VW Mahindra JV, determination person been batch of flip flops reported by media, let?s hold for an authoritative connection oregon a JV merchandise motorboat earlier jumping to conclusions. |
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