Being German may be key to Continental getting VDO

(Reuters) - A deal would transform the German car parts group, eclipsing
its 1998 Teves purchase that helped turn the world's No. 4
tyremaker into a leading high-margin electronic brakes supplier.
All Wennemer has to do is persuade Peter Loescher, the new
Siemens CEO, to abandon plans to float VDO and bury any thought
of a sale to TRW Automotive Holdings and its owner, The
Blackstone Group , for a reported 12 billion euros.




But first Wennemer may need to change his spots.


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