VOLKSWAGEN LOOKS TO MERGE THREE INDIAN SUBSIDIARIES
NEW DELHI, April 4 -- The Volkswagen Group on Wednesday announced its intent to merge its three Indian subsidiaries, Volkswagen India Pvt. Ltd (VWIPL), Volkswagen Group Sales India Pvt. Ltd (NSC), and Skoda Auto India Pvt. Ltd (SAIPL). The merger has been approved by the respective boards of the three subsidiaries in India and is now subject to regulatory and statutory approvals, the company said....
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