News that Siemens AG of Germany has hired Merrill Lynch & Co. to assist in a strategic evaluation of Siemens Automotive is fueling speculation that the operations could be going up for sale. The company admits it commissioned the investment banker to come up with a strategy for the future and to help the company decide how to grow the automotive business. But the least likely scenario, says a Siemens spokesman, is that the automotive operations would be sold because they stand as one ...

Premium Content (PAID Subscription Required)

"Siemens Denies Potential Sale" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.