Germany: Audi to acquire 91% of PSW

Audi has announced it intends to acquire a 91% stake in PSW automotive engineering GmbH in a move designed to increase the OEM's development capacity. PSW is a family-run firm that has more than 550 employees at locations in Gaimersheim, Munich, Neckarsulm and Wolfsburg, Germany and recently played an instrumental role Subscribe to Automotive World … Continued

• By Webmaster
• November 25, 2011