HomeNewsOpinionDieselgate, domestic woes drive Volkswagen's India retreat

Dieselgate, domestic woes drive Volkswagen's India retreat

Sundeep Khanna   •

A strong domestic position can propel companies to become truly multinational

India isn’t the only foreign market which has felt the effects of Volkswagen’s domestic woes

Highlights

  • German automaker Volkswagen plans to ramp up its partnership with Mahindra & Mahindra

  • Volkswagen’s performance in its home market has been under pressure since emissions scandal in 2015

  • The automaker has been mired in legal battles and faced decline in consumer trust

  • This has led to its retreat from foreign markets such as India and even China

  • Contrastingly, the robust performance by Hyundai mirrors its rise in its home market of South Korea

Recent reports about German auto giant Volkswagen’s plans to ramp up

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