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, 2018BusinessEquipment
Troubled ZF Friedrichshafen Appoints New Chairman; CEO Steps Down
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, 2017Business
ZF Reports Strong Results in 2016
ZF Friedrichshafen AG said March 30 it closed the 2016 fiscal year with a significant rise in earnings and sales.
March 30, 2017Business
ZF Friedrichshafen Makes Offer to Acquire Haldex
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