The Volkswagen Group intends to merge all passenger car entities in India
The Volkswagen Group has announced its intent to merge its three Indian subsidiaries: Volkswagen India Private Ltd (VWIPL), Volkswagen Group Sales India Private Ltd (NSC) and SKODA AUTO India Private Ltd (SAIPL). The merger has been considered and approved by the Boards of the three companies in India and is now subject to the necessary regulatory and statutory approvals.