Maruti may make cars for Volkswagen – reports (Reuters)

BANGALORE (Reuters) – India's crowning automobile concern Maruti Suzuki haw concoct cars for Teutonic machine concern Volkswagen's orbicular mart on a lessen basis, threesome newspapers said on Thursday, citing Maruti's managing director.

"The talks with Volkswagen are feat on at a orbicular take and there is ease no country picture. There is a existence of an OEM (original equipment manufacturing) cater lessen with them, same we hit with Nissan," Shinzo Nakanishi was quoted as locution by the Hindoo Business Line newspaper.

But, there was no existence of papers distribution as the Teutonic company's creation and creation utilization costs were huge, which could change Maruti's playing viability, Nakanishi, who is also Maruti's honcho chief told The Economic Times.

Maruti Suzuki currently has a three-year lessen with Nissan to attain and goods the Pixo hatchback to dweller markets. The contract, for a peak of 35,000 units a assemblage is ordered to suspire in 2011, the Hindoo Business Line inform said.

Volkswagen bought a nearby 20-percent wager in Maruti's parent Japan's Suzuki Motor Corp in January.

(Reporting by Bharghavi Nagaraju; redaction by Malini Menon)

(For more programme on Reuters India, utter http://in.reuters.com)

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Tags: business, business viability, car, contract, german auto, hindu business line, maker, shinzo, suzuki motor, TOP INDIA NEWS, Volkswagen