[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 ...

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 ...

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 ...

Last week, works councils and the IG Metall metalworkers and engineering union held a vote of the more than 50,000 employees of auto supplier ZF Friedrichshafen on the job cuts and wage reductions ...

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 ...

German auto-parts maker ZF Friedrichshafen AG has increased the size of a planned bond sale by $500 million to $1.25 billion, highlighting investors’ appetite for credit despite pressures on the ...

Samsung Electronics Co.-owned Harman International is buying a key driver-assistance business from Germany’s ZF Group for €1.5 billion ($1.8 billion), as financial stress across Europe’s auto-supplier ...