Siemens is planning to hold talks with Continental regarding the latter’s interest in acquiring the automotive electronics unit Siemens VDO, reports Financial Times Deutschland.
The newspaper cited Siemens’ chief executive officer, Klaus Kleinfeld, as saying that his Continental counterpart Manfred Wennemer contacted him regarding Siemens’ plans to spin off VDO. Siemens recently announced …
This article is available only to members of Automotive World. If you are already a member, please login to your account.
Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars.
Next steps






