ZF Friedrichshafen
German car parts maker / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about ZF Friedrichshafen?
Summarize this article for a 10 year old
ZF Friedrichshafen AG, also known as ZF Group, originally Zahnradfabrik Friedrichshafen, and commonly abbreviated to ZF (ZF = "Cogwheel Factory" = "Friedrichshafen"), is a global technology company that supplies systems for passenger cars, commercial vehicles and industrial technology. It is headquartered in Friedrichshafen, in the south-west German state of Baden-Württemberg. Specializing in engineering, it is primarily known for its design, research and development, and manufacturing activities in the automotive industry and is one of the largest automotive suppliers in the world. Its products include driveline and chassis technology for cars and commercial vehicles, along with specialist plant equipment such as construction equipment. It is also involved in the rail, marine, defense and aviation industries, as well as general industrial applications. ZF has 162 production locations in 31 countries with approximately 168,700 (2023) employees.
Company type | Private Aktiengesellschaft |
---|---|
Industry | Engineering & manufacturing: Automotive industry (car and CV), rail transport, marine engineering, aviation |
Predecessor | Zepernicker Zahnradfabrik |
Founded | 20 August 1915; 108 years ago (1915-08-20) |
Headquarters | Friedrichshafen, Baden-Württemberg , Germany |
Number of locations | 162 production locations in 31 countries |
Area served | Worldwide[1] |
Key people |
|
Products | Transmission systems,[1] steering, axle components, Electronic Systems, Advanced driver-assistance systems (ADAS), Inflatable Restraint Systems/Airbag, Seat Belt Systems, Brake Systems |
Services | Design, Research and development |
Revenue | €46.6 billion (2023)[3] |
€763 million (2023)[3] | |
€126 million (2023)[3] | |
Total assets | €39.170 billion (2023)[3] |
Total equity | €7.512 billion (2023)[3] |
Number of employees | 167,738 (2023)[3] |
Divisions | Active Safety Systems,[4] Car Chassis Technology, [4] Electrified Powertrain Technology, [4] Electronics & ADAS, [4] Passive Safety Systems, [4] Commercial Vehicle Solutions, [4] Industrial Technology, [4] Aftermarket [4] |
Website | www |
ZF Friedrichshafen is more than 90% owned by the Zeppelin Foundation, which is largely controlled by the town of Friedrichshafen.[5]