Maruti Suzuki may make cars for Volkswagen
Maruti Suzuki India Ltd. (MSIL) said that it may look to manufacture cars for Volkswagen’s global market on a contract basis, similar to its current agreement with Nissan. The domestic passenger car market leader also said that European exports for the year are expected to be down 20-30% and it is identifying other export markets to fill the gap. Company officials have earlier said that Volkswagen has sent teams to MSIL’s facilities to review the cost-competitive manufacturing facilities of the company in the Gurgaon region.(August 5, 2010)