Continental Corporation acquires Siemens VDO

March 22, 2008 at 5:43 am Leave a comment

Competition is expected to increase for parts supply tenders for local automotive manufacturers after Germany’s Continental’s purchase of Siemens VDO announced last December. Siemens VDO currently sells instrument panels as well as a range of motors, electrical components and exports all the instrument binnacles for BMW motorcycles. The impact on local Australian after-market parts suppliers remains to be seen.

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