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Ramiro Gutierrez is to become the top executive in North America at component manufacturer ZF, the company said June 4.

MUNICH — Automotive supplier ZF Group announced it has developed an electric vehicle motor that eliminates the need for rare earth materials without sacrificing performance.

ZF Friedrichshafen AG announced it is investing $200 million in commercial vehicle transmission manufacturing in North America.

ZF Friedrichshafen AG is looking to nearly double its 2019 revenue from its commercial vehicle segment, which now includes its $7.1 billion acquisition of Wabco Holdings Inc.

ZF Friedrichshafen AG has completed the acquisition of commercial vehicle technology supplier Wabco Holdings Inc., which will become ZF’s commercial-vehicle control systems division.

Autonomous driving company TuSimple has reached a deal with German vehicle components maker ZF Friedrichshafen to develop and commercialize technology for autonomous trucks.

Wabco Holdings Inc. reported lower first-quarter net income and revenue as truck and trailer production declined globally.

Commercial vehicle supplier ZF Friedrichshafen AG announced it would spend 12 billion euros over the next five years on its e-mobility and autonomous driving technologies aimed at a logistics industry in need of new vehicles to deal with rising delivery volumes and clean air issues.

German automotive and commercial vehicle supplier ZF Friedrichshafen AG announced Dec. 7 ZF CEO Stefan Sommer will step down immediately. Until a successor is appointed, deputy CEO Konstantin Sauer will assume the role of CEO on an interim basis.

ZF Friedrichshafen AG said March 30 it closed the 2016 fiscal year with a significant rise in earnings and sales.