VGI meaning in General ?

General Miscellaneous in General . 2 months ago

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What is Volkswagen Group India mean?

ŠKODA AUTO Volkswagen India Private Limited is the wholly owned Indian subsidiary of German automotive manufacturing company Volkswagen Group.

On 7 October 2019, Volkswagen Group India announced the merger of their three Indian subsidiaries - Volkswagen India Pvt Ltd (VWIPL), Volkswagen Group Sales India Pvt Ltd (NSC) and ŠKODA Auto India Pvt Ltd (SAIPL) - into a single entity named ŠKODA Auto Volkswagen India Pvt Ltd with headquarters at Pune. ŠKODA Auto CEO Bernhard Maier stated, "The operational launch of ŠKODA Auto Volkswagen India Pvt Ltd marks an important milestone in the INDIA 2.0 project. This merger creates one of the key prerequisites for working together more efficiently at all levels and achieving our long-term goal: to gain significant market shares for Volkswagen and ŠKODA by 2025." Gurpratap Boparai was appointed as the first Managing Director of ŠKODA Auto Volkswagen India.

They focus on manufacture and sales of Volkswagen, Audi and ŠKODA vehicles in India. Volkswagen Group brands Porsche and Lamborghini also sell their cars in India through them.

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Posted on 07 Nov 2024, this text provides information on General related to Miscellaneous in General. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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