The Brose Group and Volkswagen to form a joint venture.

The Brose Group, an automotive supplier, and Volkswagen agreed to form a joint venture that will develop and manufacture complete seats, seat structures and components along with solutions for the vehicle interior. Financial terms were not disclosed. Brose and SITECH are bundling their expertise in the new company and preparing for future developments in the market for vehicle seats and interior solutions. Current trends such as e-mobility, cross-system connectivity and autonomous driving are changing the requirements for tomorrow’s interiors. The vehicle interior is developing into a mobile living space that blends conventional demands on comfort and safety with new, flexible and personalized design options.