Automotive systems become increasingly complex due to their functional range and data exchange with the outside world. Until now, functional safety of such safety-critical electrical/electronic systems has been covered successfully. However, the data exchange requires interconnection across trusted boundaries of the vehicle. This leads to security issues like hacking and malicious attacks against interfaces, which could bring up new types of safety issues. Before mass-production of automotive systems, arguments supported by evidences are required regarding safety and security. Product engineering must be compliant to specific standards and must support arguments that the system is free of unreasonable risks. This paper shows a safety and security co-engineering framework, which covers standard compliant process derivation and management, and supports product specific safety and security co-analysis. Furthermore, we investigate process- and product-related argumentation and apply the approach to an automotive use case regarding safety and security.