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Loewe founds subsidiary Loewe Systems for high-end audio and video systems in cars and yachts

Loewe has launched the new subsidiary Loewe Systems in Berlin to develop integrated audio and video solutions for premium cars, yachts and motorhomes. The company plans to focus on engineering and design and not to operate as a traditional automotive supplier with its own manufacturing. Loewe is relying on experienced managers from the luxury hi‑fi sector, intends to target mainly European premium brands and is expanding its portfolio following the acquisition of Cabasse. » More on finanzen.net