Cooperation in the area of steering gear and steering systems
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- Date: 6 October 2003
- Description: DaimlerChrysler and ThyssenKrupp Automotive agree to cooperate in future in the field of steering gears and complete steering systems for motor vehicles. ThyssenKrupp Automotive is to acquire 60 % of Mercedes-Benz Lenkungen GmbH, Düsseldorf, in a first step. The second step, the acquisition of a further 40 %, is scheduled to take place in two years at the earliest.