(IN BRIEF) ZF Friedrichshafen AG is realigning its structures to enhance competitiveness, focusing on Commercial Vehicle Technology, Chassis Solutions, Industrial Technology, and Aftermarket divisions. The restructuring will consolidate German locations, resulting in a gradual reduction of 11,000 to 14,000 jobs … Read the full press release
(IN BRIEF) Thirteen CEOs from leading European vehicle manufacturers and automotive suppliers convened with EU Commissioner for Climate Action, Wopke Hoekstra, for an ‘Automotive Roundtable’ to discuss the green transition of the sector. The dialogue, following a meeting with President … Read the full press release
Posted in Automotive, Belgium, Business, Environment, European Union, Financial, Government, Industrial, Investment, Management, Media, News, Technology
Tagged ACEA, CEO, Charles Michel, Christian Levin, Didier Leroy, Domenico Nucera, Dr. Holger Klein, Dr. Markus Heyn, EU Commissioner, European Auto Industry, Green Transition Talks, Harald Seidel, Luca de Meo, Marco Stella, Martin Sander, Matthias Zink, Ola Källenius, partnership, Patrick Koller, sustainability, Thomas Schäfer, Wopke Hoekstra
(IN BRIEF) ZF Group has introduced “ZF LIFETEC” as the new brand identity for its Passive Safety Systems division, reflecting its independent positioning within the ZF Group. With sales of €4.7 billion in 2023, ZF LIFETEC aims to enhance sales … Read the full press release
The 100,000th AKC system (Active Kinematics Control) rolls off the line just four years after starting production of active rear axle steering. Production milestone strengthens ZF’s leadership in steerable rear axles, an increasingly common feature in passenger cars worldwide. AKC … Read the full press release
Posted in Austria, Automotive, Germany, Industrial
Tagged Active Kinematics Control systems, Dr. Holger Klein, Peter Buckermann, steerable rear axles, ZF
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