ZF Friedrichshafen
Business, Equipment

Troubled ZF Friedrichshafen Appoints New Chairman; CEO Steps Down

ZF Friedrichshafen AG headquarters ZF Friedrichshafen AG headquarters in Lake Constance, Germany (ZF Friedrichshafen AG)

German automotive and commercial vehicle supplier ZF Friedrichshafen AG announced Dec. 7 ZF CEO Stefan Sommer will step down immediately. Until a successor is appointed, deputy CEO Konstantin Sauer will assume the role of CEO on an interim basis.

Transport Topics
December 7, 2017
Business

ZF Reports Strong Results in 2016

ZF Friedrichshafen

ZF Friedrichshafen AG said March 30 it closed the 2016 fiscal year with a significant rise in earnings and sales.

Transport Topics
March 30, 2017
Business

ZF Friedrichshafen Makes Offer to Acquire Haldex

ZF Friedrichshafen

ZF Friedrichshafen AG has made an offer for Haldex AB, a supplier of brake products and air suspension systems for commercial vehicles, for about $520 million, or $12 per share.

Transport Topics
August 4, 2016