Follow us
EXCLUSIVE: Skoda Auto VW eager for stake sale to local partner, open to PE infusion, IPO
The group is likely to introduce two new platforms – MQB A037 and CMP 21 – both of which will call for an investment of a billion euros each.
By Ketan Thakkar & Hormazd Sorabjee
09 Sep 2024
21079 Views
Share -
Skoda India is currently rewriting its playbook in India
Skoda Auto Volkswagen India Pvt Ltd (SAVIPL) is aggressively looking to raise funds for the Indian operation, according to sources. Apart from exploring a potential joint venture partner, the Indian arm of Europe's largest car maker, Volkswagen Group, is also open to selling a stake to financial partners.
Sources say the company has explored options for an IPO and private equity funding over the last six months, in addition to discussing a stake sale to Mahindra & Mahindra.
People in the know say Skoda Auto Volkswagen would need a minimum of 2 billion Euros to cater to the ...
RELATED ARTICLES
TVS Motor Company Developing New 160cc Liquid-Cooled Maxi-Scooter
Autocar Professional Bureau
06 Jun 2026
The Chennai-based manufacturer is reportedly readying its first premium maxi-scooter, powered by an all-new liquid-coole...
Low-Speed Electric Two-Wheelers Specs Reconsidered: India’s Testing Agencies Weigh Raising 250W Power and 60kg Weight Limits
Shahkar Abidi
06 Jun 2026
Raising power and weight limits for exempt e-two-wheelers risks enabling unlicensed, helmetless riding and heavier loads...
Exclusive: M&M Redraws the Supplier Playbook for a More Uncertain World
Ketan Thakkar
06 Jun 2026
As the SUV maker prepares a 26-product rollout through FY31 and expands its global footprint, it is asking suppliers to ...
