Coburg, Germany – Automotive components company Brose is planning a 50:50 automotive seating joint venture with Volkswagen.
The companies said the venture will be a global company that makes complete seats, structures and components. It will involve Brose and Sitech, VW’s seat-making subsidiary.
'E-mobility and autonomous driving create new challenges for us as an automaker – also in the area of seat manufacturing in particular,' said Thomas Schmall, chairman of the VW Group’s components brand management board. 'The interior of the future will be newly defined environment where flexibility and personalisation will be just as important as comfort and safety.'
Ulrich Schrickel, CEO of Brose added that his company already makes seat structures. '[We] can offer many years of expertise in adjustment and comfort components to the joint venture,' he said. 'We have the know-how to intelligently connect a vehicles interior by connecting mechatronic products with sensors and software. Sitech is a highly capable developer of seat systems with good production and logistics.'
The JV needs to pass an antitrust review, but VW and Brose expect to sign an agreement by the end of 2020.