Automotive component manufacturer Siemens VDO Automotive is mulling a merger with its parent, the engineering giant Siemens which holds an 86% stake in the company.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


The company makes automotive electrical and electronic systems.


The board has authorised management to prepare a proposal for a merger with Siemens AG.


The proposed merger, if approved by the board, will be subject to approval by the shareholders of the respective companies.


During its third quarter ended June 2004, Siemens VDO posted net sales of INR263 million while net profit was INR11.6 million.


A merger with Siemens is expected to see the German giant take more active interest in running of Siemens VDO.


More investment in the Indian operations is also expected.


Deepesh Rathore / Tilak Swarup

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Neonode has won the Innovation Award for Driver Monitoring Software for its camera-based, MultiSensing®-powered solution that delivers precise hands-on-wheel detection, regulatory-ready safety performance and low-footprint integration. Discover how Neonode is redefining driver monitoring, UX and compliance for next-generation semi-autonomous vehicles.

Discover the Impact