← Back to: "ZF Expects to Break Even in 2010"
"The recession not only affected automakers, but their suppliers too. As things are looking better, German supplier ZF Friedrichshafen AG said it hopes to break even in 2010. "Growth at ZF next year will exceed the expected growth in our industry," CEO Hans-Georg Haerter said, adding that his target for 2010 was to avoid another loss. "Although we have had to absorb significant losses in the hundreds of millions of euros ... we continue to have no liquidity p..." Continue Reading →
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