# Volkswagen and Brose plan joint venture for complete seats

Volkswagen AG and automotive supplier Brose signed a memorandum of understanding to create a joint venture for complete seats, seat structures and components. Volkswagen subsidiary SITECH will join the JV, with Brose holding a 50% stake.

- Type: Partnership
- Announced: 2020-07-13
- Where: Coburg, Germany
- Status: announced
- Products: complete seats, seat structures, seat components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Volkswagen](https://endata.com/companies/533.md) (partner)
- [Brose Fahrzeugteile](https://endata.com/companies/18119.md) (partner)
- [SITECH Sitztechnik](https://endata.com/companies/48523.md) (partner)

## Sources

- [volkswagen-group.com](https://www.volkswagen-group.com/en/press-releases/sitech-and-brose-planning-to-set-up-a-global-system-supplier-for-complete-seats-16702), 2020-07-13: "Representatives of both companies signed a memorandum of understanding covering the joint venture today in Coburg."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.