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Automotive News Europe, July, 2005
Siemens plans Korean takeover
SEOUL - Hyundai is planning an auto electronics joint venture with Siemens VDO Automotive of Germany, a Hyundai spokesman confirmed.
The two companies plan to produce electronic control systems and multimedia equipment, such as navigation and audio systems.
The two companies aim to acquire a majority stake in Hyundai's former electronics subsidiary, Autonet, a Hyundai source said.
- Norman Thorpe
Two more join AUTOSAR
US supplier TRW Automotive and ARTiSAN Software Tools of England have joined AUTOSAR.
The AUTOSAR partnership of ...
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