ZF Friedrichshafen

Business, Technology, Autonomous

ZF Forms New Division After Closing Wabco Acquisition

ZF ZF Group via LinkedIn

ZF Friedrichshafen AG has completed the acquisition of commercial vehicle technology supplier Wabco Holdings Inc., which will become ZF’s commercial-vehicle control systems division.

June 2, 2020
Business, Technology, Equipment, Safety, Fuel, Autonomous

TuSimple, ZF Pair to Develop Technology for Autonomous Trucks

TuSimple truck TuSimple's partnership with ZF Friedrichshafen starts in April and includes potential sales in North America, Europe and China. (TuSimple)

Autonomous driving company TuSimple has reached a deal with German vehicle components maker ZF Friedrichshafen to develop and commercialize technology for autonomous trucks.

Jerry Hirsch | Contributing Writer
March 27, 2020
Business

Wabco Reports Declines in 1Q

Wabco truck WABCO ESC test at Erich Reinecke test track in Jeversen near Hanover, Germany. The Swedish company reported net income of $84.2 million in the first quarter, down from $101 million in 2018's first quarter. (WABCO Holdings Inc.)

Wabco Holdings Inc. reported lower first-quarter net income and revenue as truck and trailer production declined globally.

April 29, 2019
Business, Technology, Fuel, Autonomous

ZF Pushes Ahead With Vehicle Electrification, Autonomy

ZF The ZF Innovation Van. (ZF Friedrichshafen AG)

Commercial vehicle supplier ZF Friedrichshafen AG announced it would spend 12 billion euros over the next five years on its e-mobility and autonomous driving technologies aimed at a logistics industry in need of new vehicles to deal with rising delivery volumes and clean air issues.

Roger Gilroy | Senior Reporter
September 19, 2018
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.

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.

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.

August 4, 2016