Volkswagen sticks to plan for India car plant http://in.today.reuters.com/news/newsArticle.aspx?type=businessNews&storyID=2007-03-21T160302Z_01_NOOTR_RTRJONC_0_India-291773-1.xml&archived=False
Wed Mar 21, 2007
FRANKFURT (Reuters) - Volkswagen is committed to building a new car plant in India but new Chief Executive Martin Winterkorn has started a review of which models to build there, Europe's biggest carmaker said on Wednesday. The company's supervisory board had already approved a 400 million euro ($532.2 million) plant in western India and management is sticking to that plan, a spokesman said after Germany's Manager Magazine had reported Winterkorn put the project on ice.
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