Zf division a With digital products and intelligent services, we are driving the transformation forward, making off-road mobility safer, smarter, and more Feb 18, 2025 · BERLIN (Reuters) - German automotive supplier ZDF is considering a spin-of of its electric drive train division, the Handelsblatt business news outlet reported on Tuesday, citing company sources. These are likely to be tough cuts. ZF LIFETEC is a division of ZF Friedrichshafen AG and a leader in global passive safety system solutions for enhanced protection of vehicle occupants. The company acquired TRW Automotive on May 15, 2015, which was then integrated within the organization as the Active & Passive Safety Technology Division. Lea Corzilius for a 5-year term until 2031. 1% in 2023. 6% margin compared to 5. No acquisitions 1 day ago · 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 Jun 8, 2025 · German automotive supplier ZF Friedrichshafen is evaluating the future of its Electrified Powertrain Technology Division, with options ranging from a carve-out to a possible exit from the driveline business, WirtschaftsWoche reported on Thursday, citing multiple sources familiar with the matter. Feb 18, 2025 · Automotive supplier ZF is apparently looking into the complete spin-off of its ‘Electrified Drive Technologies’ division. Annual report and other financial reports and presentations at a glance. Powerfully combining ZF’s commercial vehicle systems expertise, extensive technology portfolio and global operations, the division serves the full commercial vehicle industry Welcome to ZF in North America. The entrepreneurial independence of this division now also allows for the entry of external partners in order to unlock further market potential and accelerate growth. These figures align with ZF’s updated September 2024 guidance. Holger Klein has been Chief Executive Officer of the company starting January 1. The average number of acquisitions per year from 2019-2024 is 0. As one of the leading companies in the aftermarket industry, ZF bridges the gap between today's and tomorrow's needs by delivering what workshops, distributors, and fleets require across the board. Feb 19, 2025 · Credit: ZF Mobility Solutions The proposed spin-off would affect more than 32,000 employees and account for approximately €11. The Electronics and ADAS division is responsible for advanced driver assist systems, sensor technologies, integrated electronics including advanced safety domain control units and safety electronics such as airbag electronic control units and crash sensors for the automotive industry. The restructuring could impact major facilities, including the e-drive division’s main site in Schweinfurt, ZF’s headquarters in Friedrichshafen, and the transmission plant in Mar 20, 2025 · The ZF Aftermarket division benefited particularly from lower new vehicle business and higher service requirements. Such move wouldn’t affect the Commercial Vehicles division as it concentrates on a branch of the company targeting the passenger Jul 31, 2025 · ZF reveals roadmap for restructuring the powertrain division The supplier's management team has agreed on a roadmap for restructuring the powertrain division with the works council and IG Metal. From conventional axles and driveline systems to cutting-edge electrified and hybrid solutions, we are redefining efficiency and sustainability. As a division of the ZF Group ZF Aftermarket ensures that ZF’s world-leading OE expertise, knowledge and innovation is consistently carried forward into the aftermarket. The new division combines ZF’s expertise in the commercial vehicle industry and will significantly advance solutions for safe, sustainable and digitized transport. However, with 7,600 jobs, every second job cut will come from the E division, meaning that this division will contribute disproportionately to the reduction. ZF’s product portfolio includes passenger cars, e-bikes, commercial vehicles and industrial technology. Mar 20, 2025 · In 2024, ZF navigated tough financial waters The nominal sales decline of 11% reflects the axle assembly deconsolidation, but organically, the drop was a modest 3%. These acquisitions span 5 sectors, including Auto Components (4), Road Transport Tech (2), and Autonomous Vehicles (2), and have occurred in 5 countries, including United States (2), Germany (2), and Switzerland (2). Mar 20, 2025 · The ZF Aftermarket division benefited particularly from lower new vehicle business and higher service requirements. Feb 19, 2025 · ZF reportedly plans to spin off electrified driveline divisione for cost-cutting reasons According to a report by German newspaper Handelsblatt, ZF is evaluating a full spin-off of its Electrified Powertrain Technologies division under a project called “Verde”. Rebranding is a key milestone in ongoing carve-out process Sales reached around €4. Dr. Meanwhile, a net loss of €1,020 million stemmed Oct 24, 2024 · Supervisory Board appoints Miedreich as of January 1, 2025 Miedreich will head the Electrified Powertrain Technology division Friedrichshafen, Germany. 5 tons, covering hardware and software solutions for all three dimensions of driving dynamics – vertical, lateral and longitudinal. The key to success here is a range of products from components to Oct 25, 2024 · Automotive supplier ZF has found a successor for Stephan von Schuckmann: Former Umicore CEO Mathias Miedreich will become the new Board of Management member for the Electrified Powertrain Technologies division from 1 January 2025. In 2024, we successfully established our Passive Safety Systems Division as an independent entity under the name ZF Lifetec and launched the ZF Foxconn Chassis Modules GmbH joint venture for our axle assembly business. 5 billion in annual revenue—representing nearly a quarter of ZF’s total sales. Learn about career opportunities and key details about the company. The new branding is part of Explore ZF Division jobs and company insights on Salary. Due to strong competition, cost pressure and weak demand for electric vehicles, the restructuring will focus on the Electrified Powertrain Technologies division. Leveraging ZF's rich legacy in gearbox technology and SACHS’s acclaimed expertise in clutch systems, our powertrain products are at the forefront of next-generation mobility. ZF is a global technology company and supplies systems for passenger cars, commercial vehicles and industrial technology. The company is divided into seven divisions. Keep up with ZF's latest technology in the USA and Canada. As a technology leader, ZF will further expand its leading position and offer all desired powertrain solutions with a comprehensive portfolio for every manufacturer. ZF makes commercial vehicles for logistics and public transport safer, greener and smarter, because only sustainable solutions can reconcile increasing demands with limited resources. The Electrified Powertrain Technology division bundles the competencies for the increasing electrification of the powertrain in the passenger car driveline sector. ZF Group has announced the rebranding of its Passive Safety Systems division to “ZF LIFETEC”. com. ZF today announced the successful start of its new “Commercial Vehicle Solutions” (CVS) division with effect from January 1, 2022. Our mission is to be the preferred global technology partner to the commercial vehicle industry. ZF supplies tailor-made installation solutions, depending on operation and application type. With both locations, the CVS division is continuing its global growth and sustainability strategy. Both newly established companies have already developed very well in their first fiscal year. Adjusted EBIT reached €1. Jun 3, 2025 · At its eMobility Tech Day ahead of the leading passenger car trade fair IAA Mobility 2025, ZF shows how the technology group is shaping the mobility transition. Feb 14, 2024 · A week earlier, ZF’s US plant in Gray Court started local production of the efficient and hybrid-capable PowerLine transmission for light commercial vehicles for the North American market. ZF has decided to carve-out its Passive Safety Systems Division and set it up independently by the end of 2023. It is rumoured that the company is planning to do just that under the project name ‘Verde. This decision is intended to open up new strategic options for action for the occupant protection systems business and is the result of a continuous review of the ZF portfolio. At ZF, the Group’s structure is aligned with the market and customers. Our deep roots in motorsports fuel the features, innovations, and high-performance materials in our road-ready solutions. Jul 26, 2024 · ZF assumes that the number of employees in Germany will be gradually reduced by around 11,000 to as many as 14,000 by the end of 2028. Jun 27, 2024 · ZF announces new TraXon 2 Hybrid transmission E-Mobility advancements: ZF’s open-drive approach enables it to continue leading the charge in offering decarbonized solutions ZF’s industry leading portfolio of products and system solutions enabled the company to outperform the market in 2023 Friedrichshafen, Germany. An overview of our global locations and addresses can be found here. As the industry shifts towards electrified powertrains, we remain committed to delivering quality Feb 19, 2025 · ZF, a German automotive supplier, is exploring options for potential spin-off of its electric drive train division, reported Reuters citing Handelsblatt news report. A new addition to the company’s portfolio is automated driving functions as stand-alone software. Jun 17, 2025 · With a global market share of 30 percent, ZF is the leader in smart cameras for advanced driver assist systems (ADAS), which combine sensors, perception, and driving functions in a single device. We offer support in an ever-changing environment, creating sustainability for their businesses today and in the future. ZF is equipping the Sep 6, 2025 · ZF has made a total of 7 acquisitions. ZF, a leading automotive supplier allows vehicles to see, think and act through its innovation. UL) is considering a spin-of of its electric drive train division, the Handelsblatt business news outlet reported on Tuesday, citing company sources. 6 (2023: €3. 7 billion in 2023 Business supported by automotive industry trends and increasing safety regulations ZF Group exploring further options to develop ZF LIFETEC Friedrichshafen, Germany. 4. The Chassis Solutions Division is the industry’s leading full-range supplier with a unique portfolio of Vehicle Motion Control solutions for vehicles of up to 7. At its most recent scheduled meeting, the Supervisory Board of ZF Friedrichshafen AG appointed Mathias Miedreich, 49, to the Board of Management of the technology group effective January 1, 2025. 18 hours ago · ZF Friedrichshafen, a maker of components for BMW and Volkswagen, has seen its debt refinancing costs surge, showing how the German auto industry’s struggles are cascading through suppliers. Oct 1, 2025 · Agreement enables restructuring of the Electrified Powertrain Technology division (Division E) that remains an integral part of ZF Group Corporate realignment of Division E to focus on further development of the product range and ecosystem partnerships Comprehensive company-wide measures to strengthen competitiveness with immediate cost savings that will total more than €500 million by 2027 Feb 18, 2025 · German automotive supplier ZDF (ZFF. An exit from the driveline business is now also being discussed - as one of several conceivable scenarios. The division, despite its name, includes not only electric drivetrains but also hybrid and Find all addresses and contact data of production locations and service companies in Chinese Mainland Apr 16, 2025 · The ZF division Commercial Vehicle Solutions (CVS) recently secured a multi-year business nomination to supply several thousand units of its electric axle, the AxTrax 2, with a leading manufacturer in India. 4 billion, yielding a 3. ZF is responding to a dynamic, volatile and technologically differentiated market with the most comprehensive product range for electrified drives. The customer exactly gets the right solution for any requirement, from synchromesh transmissions, powershift transmissions, continuously variable transmissions and relating electronic controls, as well as rigid and steering axles for tractors, right ZF strengthens its position as the world’s leading supplier of chassis components, modules and systems from one source Deal with global OEM will equip nearly 5 million vehicles with Electro-Mechanical Braking over the length of contract As an industry pioneer in chassis technology, ZF is leading the way in brake by-wire systems that no longer require mechanical connections, as well as Jan 12, 2023 · The technology company ZF has started the year with a newly formed Board of Management team. Corzilius oversees Human Resources and Governance, leads the ZF Aftermarket Division, and serves as Labor Director for the Group. 'Cogwheel Factory of Friedrichshafen '), and commonly abbreviated to ZF, is a German technology manufacturing company that supplies systems for passenger cars, commercial vehicles and industrial technology. ZF said it was "examining strategic collaborations and partnerships" for either the entire unit or parts of it. These solutions are designed flexible to fit on controllers from different providers and have the In 2024, we successfully established our Passive Safety Systems Division as an independent entity under the name ZF Lifetec. Feb 19, 2025 · ZF, a German automotive supplier, is exploring options for potential spin-off of its electric drive train division, reported Reuters citing Handelsblatt news report. . Products include conventional and semi-active dampers, active suspension solutions, steering and ZF, SACHS, TRW, WABCO – discover the strong ZF Aftermarket brands. ’ If true, the reorganisation would go much further than announced. Jul 31, 2025 · As part of the structural changes to the company, ZF is assessing options that would create new opportunities for the profitable Electronics and Advanced Driver Assistance Systems (ADAS) division through cooperative relationships or partnerships. Jun 6, 2025 · The future of ZF's driveline division has been under scrutiny internally for months. The peak acquisition year was 2019, with 4 acquisitions. ZF Friedrichshafen AG, also known as ZF Group, originally Zahnradfabrik Friedrichshafen (lit. 5 billion, down from €2. A company spokesperson was Feb 18, 2025 · BERLIN — ZF is considering a spin-off of its electric drivetrain division, the Handelsblatt business news outlet reported, citing company sources. Aug 5, 2025 · ZF agrees on a roadmap with labour leaders to restructure its struggling Division E, with tough decisions expected by September amid rising debt and weak powertrain margins. On Friday, the technology company opened a new building for administration, R&D, and sales at the divisional headquarters in Schweinfurt. ZF’s Commercial Vehicles Solutions division continues to set the pace for ZF, a German automotive supplier, is exploring options for potential spin-off of its electric drive train division, reported Reuters citing Handelsblatt news report. Feb 20, 2025 · Recent reports about the potential spin-off of ZF Friedrichshafen's Electric-Drive Division, affecting over 32,000 employees, raise fundamental questions about the company's strategic direction 12 hours ago · ZF plans to cut about 7,600 jobs in its Electrified Powertrain Division E by 2030 as part of a broader effort to eliminate up to 14,000 positions in Germany, while Bosch expects to trim roughly May 1, 2024 · ZF Friedrichshafen AG, one of the world's largest automotive suppliers, and Hon Hai Technology Group ("Foxconn", TWSE: 2317), the world's largest electronics manufacturer, have completed the establishment of their joint venture in the field of passenger car chassis systems on April 30. Miedreich will be responsible for the Oct 1, 2025 · Division E contributes to job cuts The total number of 14,000 jobs to be cut at ZF in Germany, which was already announced last year, remains unchanged. Find all addresses and contact data of production locations and service companies in USA. Its sales rose organically by around 12 percent to €3. Our customers satisfaction is our highest priority. 6 days ago · At its meeting on November 28, 2025, the Supervisory Board of ZF Friedrichshafen AG extended the contract of Dr. 3) billion in 2024. More power for electromobility: ZF Friedrichshafen AG expands its E-Mobility division with new buildings and locations. Friedrichshafen, Germany. ZF’s Commercial Vehicle Solutions (CVS) division is helping shape the future of commercial transportation ecosystems. Industrial Technology is the division where ZF bundles its activities for “Off-Road” applications. About Us The ZF Company ZF is a global leader in driveline and chassis technology as well as active and passive safety technology. 3) billion Feb 17, 2025 · ZF equips NIO ET9 with steer-by-wire steering Technology group is a leading developer and manufacturer of by-wire systems such as brakes and steering without a direct mechanical connection or system fluids ZF with significant market shares in the growing area of by-wire chassis systems through further series starts and customer orders in America and Europe Friedrichshafen. Oct 1, 2025 · ZF reaches agreement with labor groups to restructure Division E, ensuring competitiveness and technological progress. The social partners intend to define measures to make the division more profitable by the end of September.