Siemens said it would retain majority ownership and operational control of the unit after the IPO, according to a Reuters news agency report.
The report noted that Continental has made an indicative bid of over EUR10bn ($US13.4bn) for VDO, though Siemens has said that offer is not high enough.
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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 Continental has secured the Window Displays Innovation Awardin the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.
