• 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.