ZF Friedrichshafen AG, best known for its transmissions, has announced it is buying TRW Automotive Holdings, a major player in safety tech, as part of an approximately $12.4-billion cash deal ...

Currently, ZF is the ninth-largest supplier on the planet, while TRW is eleventh, according to Automotive News(Germany's Bosch is the largest overall). The combined company would have nearly $40 ...

The product release builds on ZF's growth in 2024, during which 810 new parts were launched for passenger cars in North America.

ZF CEO Stefan Sommer said the local employee count for Livonia-based TRW should remain stable. The integration of the two companies is expected to last three to five years.

A London tribunal has dismissed Stellantis' €771m ($807.62m) lawsuit against two automotive safety equipment manufacturers, Autoliv and ZF/TRW. The lawsuit was filed over allegations of inflated ...

The automaker, which was formed by the 2021 merger of Fiat Chrysler Automobiles and PSA Group, sued Autoliv and ZF/TRW for allegedly charging higher prices for seatbelts, airbags and steering wheels.