ZF Sales Revenue Reached 16.8 Billion Euros in 2013
2014-05-12 Source：www.chinabuses.org
Summarize：On Apr. 30, 2014, the globally renowned auto parts maker ZF Group held its annual press conference in Stuttgart, Germany. Dr. Sommer from ZF pointed out “our company realized a growth higher than the industrial average. Our staff’s devotion and commitment is the key to our success. We delivered satisfactory performances in Europe, USA and China.”
www.chinabuses.org: On Apr. 30, 2014, the globally renowned auto parts maker ZF Group held its annual press conference in Stuttgart, Germany. Dr. Sommer from ZF pointed out “our company realized a growth higher than the industrial average. Our staff’s devotion and commitment is the key to our success. We delivered satisfactory performances in Europe, USA and China.” Currently, ZF Group has a total number of employees reaching 72,600 worldwide, among whom, 41,900 are working in Germany. In 2013 alone, the group’s staff rose by 6%.
In 2013, the auto parts maker reaped a sales revenue of 16.8 billion Euros, up by 8%. Dr. Sommer revealed that its Asia-Pacific market rose by 15% in 2013, which made a significant contribution to its overall growth. Thanks to the establishment of its production bases of axle systems for passenger vehicles in China and Malaysia, ZF won more business orders.
Among its major business lines, ZF’s transmission and chassis departments, whose sales revenues were up by 15% and 11% respectively, outperformed other areas. In addition, its technology department for commercial vehicles went up by 7% in sales. In the meantime, its electronic system department and sales & service department rose by 4% and 6% respectively. In sharp contrast, due to the severe market conditions, its industrial technology department witnessed a 9% downward movement.
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