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 ...

FRANKFURT (Reuters) - German auto parts maker ZF Friedrichshafen has agreed to buy U.S. rival Wabco for over $7 billion (5.32 billion pounds), an acquisition it has long targeted to bolster its ...

[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 ...

German automobile and commercial vehicle technology supplier ZF Friedrichshafen plans to acquire rival Wabco for $7 billion, the companies announced Thursday. The acquisition of Wabco will allow ZF, a ...

Add Yahoo as a preferred source to see more of our stories on Google. Employees of automotive supplier ZF Friedrichshafen AG walk to the town hall during a demonstration against the planned job cuts.

The plant of automotive supplier ZF Friedrichshafen. Bernd Wüstneck/dpa-Zentralbild/dpa German automotive supplier ZF Friedrichshafen plans to cut between 11,000 and 14,000 jobs in the country by the ...

Every once in a while, the hot rod hobby latches onto a component that’s not tied to a specific manufacturer, but one that becomes widely viewed as a great solution. The LS engine fits that bill. It ...

In 2025, ZF's revenue declined roughly 6 per cent, to 38.8 billion euros ($44.5 billion), from 41.4 billion the previous ⁠year, reflecting divestitures ‌and foreign exchange effects. According to the ...

FRANKFURT — German auto supplier ZF Friedrichshafen said it is preparing to sell its airbag operation to a buyer or spin off the business in an initial public stock offering, but will not do so below ...

FRANKFURT, Jan 17 (Reuters) - German auto supplier ZF Friedrichshafen ZFF.UL is preparing to sell its airbag operation to a buyer or spin off the business in an initial public offering (IPO) but will ...