BMW, Mercedes put automated driving alliance on hold
Reuters
Published Jun 19, 2020 13:24
FRANKFURT (Reuters) - Daimler (DE:DAIGn) on Friday said it had put on hold a development alliance in the area of automated driving between its luxury brand and rival German luxury carmaker BMW (DE:BMWG).
"Following extensive review, the two companies have arrived at a mutual and amicable agreement to concentrate on their existing development paths, which may also include working with new partners," Daimler said in a statement.
Daimler said the cooperation, which was announced in 2019, may resume at a later date.
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Written By: Reuters
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