VW & Maruti To Make Joint Platforms

Volkswagen and Maruti Suzuki plan to develop products and their platforms together as they intend to leverage each others resources more effectively. The partnership is clear in terms of engines, transmissions, hybrids, diesel engines and small cars. The German automaker has a clear target of gaining atleast 20% market share in the countries it produces cars. In India, they intend to reach that target by 2018. The companies current investment in India is over Rs 4,500 crore with a production capacity of 1.5 lakh cars.