ZF CEO Sommer steps down after losing power struggleDec. 7
ZF said CEO Stefan Sommer is leaving the company. Sommer's departure likely signals the end of an expansion strategy that drove the German supplier's $12.4 billion acquisition of TRW Automotive, creating the industry's second-largest supplier.
As TRW deal pays off, ZF focus is autonomousApril 3
Haldex picks ZF's $647 million bid over higher Knorr-Bremse offerSept. 19, 2016
Swedish braking systems maker Haldex has backed a 5.53 billion crowns ($647 million) takeover offer from German car parts firm ZF Friedrichshafen, even though it is less than a rival bid from Germany's Knorr-Bremse.
ZF prepares sale of body control unit to pay down debt, report saysSept. 2, 2016
ZF Friedrichshafen is preparing to sell its body control systems unit in a potential $1 billion deal as it continues to shed non-core units following the takeover of TRW, people familiar with the matter told Reuters.
Takata truck blast revives concerns over airbag propellantSept. 1, 2016
Critics of embattled airbag manufacturer Takata Corp. said last week's deadly explosion of a truck carrying parts to its Mexican factory underscores questions about the safety of the chemical compound at the center of the largest automotive recall in U.S. history.
Brisk market for supplier M&AAug. 15, 2016
Self-driving cars spur more automotive M&A in Silicon ValleyAug. 10, 2016
The auto industry's self-driving revolution has spurred the biggest two years of automotive supplier takeovers in a decade. The total value of automotive supplier deals in 2015 and 2016 was $74.4 billion, according to data compiled by Bloomberg, with each of those years far exceeding the $17.7 billion annual average in the previous 10 years.
ZF weighs more deals, asset sales following TRW acquisitionJune 2, 2016
ZF Friedrichshafen is considering more acquisitions as well as selling assets after catapulting into the ranks of the world's biggest car-parts manufacturers via last year's $12.9 billion takeover of TRW Automotive.
New airbag devices cushion crash impacts by deploying outside vehiclesFeb. 13, 2016
Auto parts suppliers makers are developing a new generation airbags that cushion the impact of a crash by deploying on the outside of a vehicle. Such devices have already appeared in Europe and are mainly aimed at protecting pedestrians in a crash. It represents a clean-sheet approach to an older safety technology that until now has been used inside vehicles.
Got gadgets?Feb. 1, 2016
Some of the most revolutionary innovations originate not with carmakers but with the suppliers who provide the building blocks and concepts that reshape the industry. Here is a sampling of some of the most cutting-edge technologies.