Volkswagen, Tata call off talks on jointly making low-cost cars

Volkswagen, Tata call off talks on jointly making low-cost cars

A Volkswagen logo is pictured at Volkswagen's headquarters in Wolfsburg, Germany, April 22, 2016. REUTERS/Hannibal Hanschke

Cooperation talks between Germany’s Volkswagen Group and Tata Motors about joint development of a cheap car for emerging markets, have been ended amicably, a Volkswagen Group source said on Thursday.

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