German car parts supplier ZF Friedrichshafen plans to reduce the workforce by up to 15,000 jobs, or around 10%, by 2025 as a result of a slump in demand, according to a memo on Thursday. The test order concerns prototypes for Gapwaves’ 77 GHz antenna. ZF Friedrichshafen is one of the word largest automotive suppliers, a so called Tier 1 player, with almost EUR 34bn in revenue in 2018. Wabco shares previously listed on the New York Stock Exchange cease public trading with immediate effect, Wabco India informed stock exchanges on Saturday in regulatory filings. Phone: +1 248 699 4609 . 48335-2642 Farmington Hills. The corona crisis has hit the car industry hard. United States of America. ZF Friedrichshafen AG said Friday it has completed its $7 billion acquisition of commercial vehicle technology supplier Wabco Holdings, which will become an … ZF Passive Safety Systems US Inc. Farmington Hills Plant. ZF is a global technology company and supplies systems for passenger cars, commercial vehicles and industrial technology, enabling the next generation of mobility. ZF Friedrichshafen AG has successfully completed the acquisition of commercial vehicle technology supplier Wabco after gaining approval from all required regulatory authorities. Das hat auch Auswirkungen auf die Beschäftigten, teilte das Unternehmen am Mittwoch mit. Hence, Gapwaves’ has gained its third automotive customer. Some believe that nothing will ever be the same again. ZF allows vehicles to see, think and act. ZF Passive Safety Systems US Inc. ZF TRW Global Electronics Headquarters. Farmington Hills Plant. Fax: +1 248 442 8640. Der Automobilzulieferer ZF Friedrichshafen ist schwer von den Folgen der Corona-Pandemie betroffen. Research Drive 24175. ZF Friedrichshafen AG. ZF’s $7 billion acquisition of the truck-braking specialist comes as the industry faces coronavirus production shutdowns, a global recession and the cost of moving to electrification. Farmington Hills, Michigan 48331.

What remains are the EU targets for reducing CO2 emissions. 34605 West 12 Mile Road. The recent order from ZF Friedrichshafen amounted to SEK 0.5m and it is going to be delivered in Q1’20. The automotive supplier ZF Friedrichshafen AG regards this as an opportunity: It helps to accelerate the switch to electromobility. Phone: +1 248 699 4300 .