Breaking news – Mercedes and BMW quits their partnership
German car giant BMW will lay off 6,000 of its 120,000 employees this year due to the effects of the corona virus pandemic, and will suspend partnership with Mercedes-Benz on the development of self-driving vehicles.
These are some of the decisions made by Mercedes:
- Both companies will continue to pursue their own development path
- Technological understanding of both partners remains a good fit
- Successful collaboration to continue in other fields as planned
- FrÃ¶hlich: “Current technology puts us into excellent position for many years”
- SchÃ¤fer: “Sounding out possibilities with partners outside automotive sector
Mercedes News / Mercedes and BMW quits their partnership
The BMW Group and Mercedes-Benz AG are putting their cooperation on development of next-generation technology for automated driving temporarily on hold. Following extensive review, the two companies have arrived at a mutual and amicable agreement to concentrate on their existing development paths â€“ which may also include working with current or new partners. Both explicitly wished to emphasise that cooperation may be resumed at a later date and that the two organisationsâ€™ underlying approach to matters such as safety and customer benefits in the field of automated driving remains highly compatible.
Both companies also underlined that they would continue working in close cooperation in the remaining fields as planned. In 2015, the two companies joined with Audi AG to acquire the location and technology platform HERE, which now has a very broad and international shareholder structure. In early 2019, the BMW Group and Daimler AG also pooled their mobility services in a joint venture under the umbrella of the NOW family.
Source: Mercedes-Benz/ Daimler Media