ZF Friedrichshafen
ZF Steers Course Deeper Into Commercial Vehicle Opportunities
ZF Friedrichshafen
ZF Friedrichshafen AG is looking to nearly double its 2019 revenue from its commercial vehicle segment, which now includes its $7.1 billion acquisition of Wabco Holdings Inc.
November 12, 2020ZF Forms New Division After Closing Wabco Acquisition
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, 2020TuSimple, ZF Pair to Develop Technology for Autonomous Trucks
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.
March 27, 2020Wabco Reports Declines in 1Q
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, 2019ZF Pushes Ahead With Vehicle Electrification, Autonomy
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.
September 19, 2018Troubled ZF Friedrichshafen Appoints New Chairman; CEO Steps Down
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, 2017ZF 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, 2017ZF 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