Volkswagen is in discussions with Sumitomo Electric Industries to sell its 50% stake in Volkswagen Bordnetze, according to Reuters.

Go deeper with GlobalData

Data Insights

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


Volkswagen Bordnetze is a joint venture with Siemens, which produces wiring harnesses exclusively for Volkswagen.


Volkswagen said in early February that it was planning to reorganise its components operations, which for the most part only supply Volkswagen Group companies. This would go some way towards losing the 20,000 jobs that Volkswagen plans to cut over the next three years.

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
Continental has secured the Window Displays Innovation Award in 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.

Discover the Impact