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.
With a total investment of 150 million euros (about 173.3 million U.S. dollars), the project integrates both production and R&D functions. On the production side, advanced German gas generator ...
ZF was poised to invest $185m for a share in the Saarland facility. Credit: nitpicker/Shutterstock. German automotive supplier ZF is looking to withdraw from a joint $3bn (€2.78bn) microchip ...
BERLIN (Reuters) -ZF Friedrichshafen will cut around a quarter of its workforce in its electrified powertrain technology unit by 2030 under a restructuring deal reached with its works council and ...
FRANKFURT (Reuters) -German automotive supplier ZF intends to withdraw from a planned $3 billion microchip manufacturing project with U.S. chipmaker Wolfspeed in western Germany, an industry source ...
Major German automotive supplier ZF Friedrichshafen said Friday it had scrapped some of its electric vehicle projects due to lacklustre demand, leading it to expect an annual loss. ZF had agreed with ...
US chipmaker Wolfspeed and the auto supplier ZF have put plans for a semiconductor factory in Germany on ice, local officials said Wednesday, striking another blow to Berlin's chipmaking ambitions.
German automotive supplier ZF doubled its annual loss to €2.1 billion ($2.4 billion) from a year ago, primarily due to a ...
German car parts manufacturer ZF said Friday it would cut a fifth to a quarter of jobs in Germany as it struggled with the switch to electric vehicles and foreign competition. "The number of employees ...
Add Yahoo as a preferred source to see more of our stories on Google. ZF logo is seen during Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. REUTERS/Wolfgang Rattay BERLIN ...
NEW YORK/FRANKFURT, Sept 15 (Reuters) - German car parts maker ZF Friedrichshafen agreed to buy U.S.-based TRW Automotive Holdings Corp for $13.5 billion including debt, creating a major global ...