Saturday, May 27, 2017

Volkswagen, Audi, GM, Skoda to skip Auto Expo next year

New Delhi: The Auto Expo one year from now will miss autos from the stable of Audi, Volkswagen, General Motors and Skoda as the organizations have chosen to haul out of the occasion over worries around profit for speculations (RoIs) and adequacy of support. Additionally anticipated that would miss the activity are Nissan, Royal Enfield, Bajaj Auto and Ford, however the organizations are as yet measuring their alternatives. 



The 2018 release of the Indian Auto Expo will be held at Greater Noida in February and the occasion is sorted out by industry body Society of Indian Automobile Manufacturers (Siam) and business chamber CII. While the coordinators are obviously euphoric about the section of new players, for example, Korean Kia, China's SAIC and France's Peugeot, the nonattendance of a portion of the key existing players will clearly be a failure. 

The VW gathering, that works beat brands like Volkswagen, Audi, Skoda, Ducati, Porsche and Lamborghini, affirmed its exit. "The Volkswagen Group has taken a choice for not taking an interest in the approaching Auto Expo 2018," Thierry Lespiaucq, MD of Volkswagen Group deals India, told TOI . "We have delighted in taking an interest at the expo in the past and plan to return in 2020 (on the) premise of our image advancement system." 

Sources inside the gathering, be that as it may, said there were "not kidding worries" around the viability of support at the occasion, which is being held almost 25-30 kms outside of focal Delhi. The enormous speculations are likewise something that have provoked the organizations to re-consider the choice

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