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Taiwan's Foxconn to take 50% stake in ZF axle system unitThe deal, which values ZF's Chassis Modules GmbH at €1 billion ($1.11 billion), will allow the companies to expand the range of product off...- Airbag firms pumped up to ramp up capacityCapacity will surge to about 25 million units from the current 5-6 million, which will create an industry of about $1.25 billion in a span ...
- ZF Group aims to quadruple revenues to €3 billion, sees India amongst the fastest growing market this decadeBesides boosting exports, the expanding Indian market will help ZF quadruple its local revenues to ₹3 billion by the end of the decade, mak...
- Business giants urge Germany to act on crisisExecutives from eight major German companies, including Volkswagen, Adidas and BASF, say the government has not done enough to combat the f...
- German economy loses steamMost analysts said the Eurozone's biggest economy Germany had clearly hit the brakes, according to a survey.
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