ZF Friedrichshafen plans to improve in-house capabilities to capitalize on the growth in modules and systems.
'If we want to grow globally, we cannot let this modules and systems business pass us by,' said Siegfried Goll, CEO of the German chassis and driveline supplier.
ZF developed axle modules for the BMW Z3 roadster and X5 sport-utility, and will supply axle modules for the future X3 small sport-utility.
ZF's acquisition of Sachs from Mannesmann in November 2001 was part of a group strategy to add more content in key systems growth areas - particularly chassis.
'We can now incorporate steering from ZF Steering Systems [a joint venture with Bosch], chassis parts from Lemförder [a ZF subsidiary], and suspension and rubber-metal parts from Sachs,' said Goll.
Goll wants modules and systems to account for half of ZF group sales by 2010.
'Chassis development is still mostly carried out by carmakers in-house and it really needs systems solutions,' he said. 'The carmakers are very interested in finding suppliers who will invest in this area.'
Last year, ZF's sales grew by 7 percent to E7 billion, excluding the effect of the Sachs acquisition late in the year.
Including Sachs on a full-year basis, sales would have reached E9.1 billion.