FRANKFURT, June 27 (Reuters) - German industrial group ThyssenKrupp AG is close to sealing a deal to build steering systems in a joint venture with carmaking giant DaimlerChrysler , an industry source said on Friday. Thyssen will take a 60 percent stake in the joint venture with Daimler's Mercedes-Benz Lenkungen GmbH steering business, the source said. Daimler will hold the remaining 40 percent, although Thyssen will have an option to buy out the rest of the stake in 2005. "On the time ...
Premium Content (PAID Subscription Required)
"Thyssen close to sealing Daimler parts JV-source" 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:
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
Lisa Williamson by email: email@example.com or phone: (248) 799-2642