ZF Aftermarket has announced the launch of a new steering damper range to the TRW and SACHS branded product lines. This new product line combines steering technology with the high performance and quality behind all TRW and SACHS ride control products. The steering damper program of both TRW and SACHS offers applications for recent and […]
The sales of ZF Friedrichshafen rose to €18.7 billion, and adjusted operating profit (EBIT) amounted to around €1.1 billion in the first half of 2018. ZF was able to further reduce the debts incurred from the TRW acquisition and significantly increase investments in property, plant and equipment as well as expenditure in research and development. “The […]
The technology company ZF has added a new digital solution to its commercial vehicle portfolio. The TraXon modular transmission system, successfully used by truck manufacturers worldwide, will be equipped with an optional predictive maintenance function starting in 2019. This offers fleet operators the capability to monitor the condition of critical individual components such as transmission […]
ZF has founded Car eWallet, a Berlin-based start-up, in which the company will outsource the current activities of the transaction service Car eWallet. The objective is to further develop and market the service following an initial six-month collaboration with project partners IBM and UBS. The service, for example, enables payments for refuelling or re-charging electric […]
ZF’s CEO Wolf-Henning Scheider and Dr Günther Schuh, founder and CEO of e.GO Mobile AG based in Aachen, have announced that series production will begin in Aachen in 2019. The e.Go Moove GmbH joint venture partners manufacture people and cargo movers primarily for the urban mobility needs of the future. Five-digit volumes are initially scheduled […]
Peter Lake and Jürgen Holeksa, Board Members for Corporate Market and Human Resources of ZF Friedrichshafen respectively, are leaving the Executive Board on September 30, 2018. Peter Lake joined the Executive Board as head of Sales and Market shortly after the acquisition of TRW by ZF in May 2015. The British-born, American citizen contributed significantly […]
Brakes India has unveiled the LCV hydraulic assisted disc brake system at the Auto Expo 2018. It not only improves braking stability and life which is critical in buses but also lowers the weight of the braking system significantly which provides a Return on Investment (RoI) to the end customer. “Light commercial vehicles in India […]
With effect from February 1, 2018, ZF will have a new Chief Executive Officer, Wolf-Henning Scheider, who succeeds Dr Konstantin Sauer as CEO and head of the ZF Group. The 55 year old business administration graduate has many years of management experience in technology companies such as Bosch and Mahle. “As Mahle’s CEO, Wolf-Henning Scheider […]
ZF Aftermarket which works globally in 120 locations with 650 partners, is aiming to end the 2017 calendar year with about Euro 3.1 billion sales, while keeping the employee strength unchanged at 8,080. The ZF AG group company had recorded sales of Euro 2.8 billion in 2016. “We are looking forward to grow in North […]
By Mamatha Chamarthi: With communication technology and robotics now accepted as the norm in many aspects of everyday life, it is no surprise that these technologies also have a huge influence on our transportation systems. Beginning with the introduction of mechanised highway systems in developed nations during the 1980’s, the impetus for the advancement of […]
