[Stay on top of transportation news: Get TTNews in your inbox.] ZF Friedrichshafen AG is cutting 7,600 positions at its electrified drivetrain division as the German car-parts maker steps up its ...
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ZF shifts strategy as hybrid demand eases debt pressure
The company is shifting from an EV-first approach to supplying components across electric, hybrid and internal combustion engine platforms.
ZF Friedrichshafen AG, a maker of gearboxes and other components for BMW AG and Volkswagen AG, has seen its debt refinancing costs surge, showing how the German auto industry’s struggles are cascading ...
ZF to cut 7,600 jobs in electrified powertrain unit by 2030 Agreement includes early retirement and severance packages to avoid forced redundancies Weekly working hours to be reduced by 7% through ...
Foxconn’s two-year effort to acquire a major stake in a key unit of German auto supplier ZF Group has hit a wall after due diligence conducted by its advisor, JPMorgan, revealed a wide valuation gap ...
ZF reveals latest generation of electric drive units for EVs and accompanying systems, showcasing modular designs that can be adapted based on automakers' needs. The automotive component manufacturer ...
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