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NSK and thyssenkrupp evaluate automotive joint venture

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NSK Ltd and thyssenkrupp AG have signed a memorandum of understanding (MoU) to explore a potential joint venture between NSK Steering and thyssenkrupp Automotive. Both companies will now enter an assessment phase before taking a decision on any future collaboration before the end of 2022.

The steering businesses of both companies are highly complementary and synergetic with regard to product competencies, geographic footprints and customer groups. NSK expects the combined capabilities will enable the joint venture to meet the broad and highly technological needs of global automotive customers. It will also allow the combined entity to compete more effectively in nhj trwhuj tfevbqpv qzbkeqoy.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.