ZF and TRW unleash the Power of² - ZF Friedrichshafen AG
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`From a position of strength
`ZF and TRW unleash the Power of²
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`The integration of TRW into the ZF Group offers strong growth potential. We are ready to start a new era and to tackle the key challenges of the automotive industry.
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`A milestone and starting point to be remembered
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`With the integration of TRW into the ZF Group and the building of the new division ZF TRW "Active & Passive Safety Technology" two industry champions join their forces and
`leverage the Power of².
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`The combined company has a 100 year track record of customer benefit and value creation and a strong complementary product portfolio of leading technologies.
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`The portfolio combines the powertrain and chassis technologies including e-mobility solutions and electronics of ZF with the safety, steering, braking and autonomous driving
`technology of TRW.
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`It diversifies across industries, spanning from passenger cars to utility vehicles such as trucks, buses and tractors and includes in addition construction machines, marine, railway, wind
`power and industrial technology. Consequently, there are many opportunities to leverage the safety products of TRW that have so far been focused on applications for passenger cars.
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`Right answer to the mega trends
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`This very comprehensive portfolio is the right answer to the mega trends in an increasingly disruptive industry such as autonomous driving, safety and fuel efficiency.
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`The offering of ZF in the aftermarket is also growing substantially with the new TRW products. These will provide a strong foothold from which to expand the offering of ZF into more
`safety-critical areas, where TRW is a globally recognized brand with a strong market position.
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`Ensuring regional balance
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`Additionally, the enlarged portfolio ensures regional balance through strong market positions in Europe and North America that will help to offset the impact of volatile foreign
`exchange markets. Based on our joint approach we will also gain a leading position in Asian growth markets.
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`"With the integration we do not only combine two industry champions, but create unique opportunities to grow substantially beyond the sum of our parts."
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`Source: Dr. Stefan Sommer, CEO of ZF
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`http://www.zf.com/corporate/en_de/magazine/magazin_artikel_viewpage_22089384.html?_ga=1....
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`ZF and TRW unleash the Power of² - ZF Friedrichshafen AG
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`The integration structure covers all divisions and functions of each organization globally and focuses on 4 clusters
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`• We will expand our joint customer base and ensure a single, cohesive voice to the customer
`• We will bring the full potential of our technology and R&D capabilities alive. With our expertise and flexibility we can offer full system integration, software-as-a-product and
`integrate 3rd party components.
`• We will define lean processes to unfold the economies of scale and implement best practices around logistics, supply chain, cost engineering, supplier development and quality
`process.
`• We facilitate efficient business operations, enable fast and fact based collaboration and focus on lean integration of central functions where they are aligned with value creation
`levers.
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`Against this background the integration of TRW into ZF will directly lead to sustainable business success, provide stable development in an ever changing industry and fully support
`our strategic goals defined in ZF 2025.
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`ZF and TRW: Much more than the sum of their parts
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`With the merger, two successful technology leaders are combining to form one of the world’s largest automotive suppliers, leveraging products and technologies across industries. The
`combined electronics expertise of both companies will play a key role in ZF’s future success.
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`The safety everyone deserves
`
`The world of automotive safety is changing rapidly as active and passive safety systems converge and become the foundation for automated driving functions. ZF TRW is already
`providing many driver assist and semi-automated functions today.
`
`(http://safety.trw.com )
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`Get safety news from ZF TRW's AutoSafety website
`
`What's happening in the industry? For all the latest automotive safety news, go to the AutoSafety website:
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`http://www.zf.com/corporate/en_de/magazine/magazin_artikel_viewpage_22089384.html?_ga=1....
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`ZF and TRW unleash the Power of² - ZF Friedrichshafen AG
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`(http://safety.trw.com )
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`TAGS
`
`• Future (magazine_homepage.html#tag=Future)
`• Economy (magazine_homepage.html#tag=Economy)
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`Published on May 15, 2015 Print Page (#print)
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