Brose, VW Agree Joint Venture

Signature ceremony in Wolfsburg (image: Volkswagen)
The Brose Group and Volkswagen have signed an agreement to establish a joint venture that will develop and manufacture complete seats, seat structures and components, and other interior parts. Brose will acquire half of Volkswagen subsidiary Sitech, specializing in the production of metal car seat frames and complete seats. Brose and Volkswagen will each hold…
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