Siemens VDO wins big with VW diesel deal.(form joint venture, VW Mechatronic GmbH & Co. KG)(Brief Article)

Automotive News Europe,  March, 2003  by Chew, Edmund; Weernink, Wim Oude

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Byline: Wim Oude Weernink, Edmund Chew Automotive News Europe

A joint venture with Volkswagen makes Siemens VDO the first serious challenger to Robert Bosch's domination of the diesel injector market.

VW and Siemens VDO last week created a joint venture, VW Mechatronic GmbH & Co. KG, that will produce a new generation of high-pressure pump injectors for diesel engines starting in late 2004. Initial investment will be [euro]270 million.

VW will build a plant in Stollberg in eastern Germany. Siemens VDO will develop the product and processes.

As a pioneer in ...

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