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ZF aims to become less dependent on the passenger car market. Ahead of the IAA Transportation, CEO Mathias Miedreich and Andreas Moser, member of the Executive Board responsible for commercial vehicles, outline the company’s strategic direction. In Europe, they are promoting hybrid powertrains.
According to CEO Mathias Miedreich, ZF is continuing to drive the Group’s restructuring forward at a rapid pace. A key factor in the company’s future direction is placing greater emphasis on its portfolio. “We don’t want to do everything, as we perhaps did in the past,” Miedreich said at a media briefing ahead of the IAA Transportation show. Instead, ZF intends to focus on those areas where the company possesses special expertise, creates clear customer value, and can set itself apart from the competition.
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