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
21027 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
Weekly News Wrap: Honda’s Partnership Hunt, JSW’s ₹8,000-Cr Funding, Stellantis’ India-Made Jeep Plan
Darshan Nakhwa
24 May 2026
From Honda’s renewed search for India partnerships and JSW Motors’ large SBI-backed funding to Stellantis’ India-made Je...
Dhoot Transmission Files DRHP for IPO With ₹1,400 Crore Fresh Issue
Autocar Professional Bureau
23 May 2026
Bain Capital-backed Dhoot Transmission plans a ₹1,400 crore fresh issue, with proceeds earmarked for debt repayment, exp...
Bosch India Focuses on Localisation and AI to Counter Cost Pressures
Autocar Professional Bureau
23 May 2026
Bosch India is focusing on localisation, AI deployment and supply chain measures to manage commodity volatility, reduce ...
