Rane ZF to collaborate for electric power steering products

Rane ZF to collaborate for electric power steering products

Auto component makers Rane and ZF on Monday said they plan to introduce rack drive electric power steering system technologies in the domestic market. The two companies plan to introduce the new product range through their existing joint venture — ZF Rane Automotive India Pvt Ltd. Additionally, Rane and ZF have entered into a license … Read more

ZF Group sells 4.3 pc stake in Indian subsidiary for Rs 1,022 crore

ZF Group sells 4.3 pc stake in Indian subsidiary for Rs 1,022 crore

New Delhi: German auto component supplier ZF Group on Wednesday divested a 4.32 per cent stake in its Indian subsidiary ZF Commercial Vehicles Control System (CVCS) India for Rs 1,022 crore, according to exchange data. According to the bulk deal data on the NSE, WABCO Asia Pvt Ltd, promoter and forming part of ZF Group … Read more