Volkswagen AG is halting investments in an electric-vehicle program for India until it has greater clarity on a potential partnership with billionaire Sajjan Jindal’s JSW Group. The German company has completed design work that would allow it to quickly ramp up the project using a low-cost EV architecture initially developed for China when its discussions with the Indian partner close, said people familiar with the matter who were not authorized to speak publicly about it. But it’s awaiting a clearer business plan before committing more money to the project,The pause comes as the carmaker pursues a global cost-cutting drive, forcing it to be more disciplined about spending as it contends with weak demand in Europe and intensifying competition from Chinese automakers. The company is seeking to cut investment by about 15% and has outlined plans to eliminate tens of thousands of jobs as part of an effort to lower costs. What is your experience with Volkswagen AG?
