Mercedes — Benz partners with CONTACT Software, Siemens on AI — powered product development

Mercedes-Benz is partnering with CONTACT Software and Siemens on its PLM.AI product development platform, backed by investment of around EUR 500 million. CONTACT Software will provide the open core platform to integrate product data, processes and applications. Siemens will expand its existing partnership to support AI-enabled automotive design, simulation and digital validation. The initiative aims to cut vehicle development time by around 17 months, or up to 30%. Efficiency gains in individual engineering processes could reach 50%; physical testing could be halved over time. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mercedes-Benz Group AG published the original content used to generate this news brief on October 16, 2026, and is solely responsible for the information contained therein. (C)