To increase financial flexibility ZF Group is selling a 7.5 percent stake of its holding in ZF Commercial Vehicle Control Systems India Limited. ZF Group the automotive supplier, has sold a 7.5% stake in its Indian subsidiary, ZF Commercial Vehicle Control Systems India Limited. The sale of 1,425,000 shares to institutional investors aims to increase ZF Group’s liquidity and financial[Read More…]
According to a forecast by the German government, truck freight traffic is set to increase by 46 per cent by 2051. Parcel services and bus companies will also expand their business over the next few years. The commercial vehicle segment therefore offers great opportunities for workshops. But they need a strong partner to take advantage of them. ZF offers a[Read More…]
Automotive supplier ZF Group has announced a change of Leadership for its Indian organization. Suresh KV, currently Vice President and Head of ZF Group in India, has elected to step down from the helm of the company in the region to find other competitive challenges. The Board of Directors has considered and accepted his request. Suresh KV will continue with[Read More…]
