German supplier ZF agrees to pay $7 billion for Wabco

ZF Robotaxi concept CES 2019 900x540 copy.jpg

By:

Staff and wire reports

March 28, 2019 12:26 PM

Trucking parts supplier Wabco Holdings Inc. on Thursday said it agreed to sell itself to German rival ZF Friedrichshafen in a deal valued at more than $7 billion.

Featured Stories

Auto industry innovation shines through PACE Award and PACE Pilot finalists

Honda considers making 90% of U.S. sales locally by relocating Mexico, Canada production, report says

Stellantis said to be closing in on new CEO with shortlist of five candidates

Trump floats exceptions for auto parts facing 25% U.S. tariffs

Latest News

Honda sued by Maryland dealership that claims Acura EV is a lemon

Stellantis said to be closing in on new CEO with shortlist of five candidates

Honda considers making 90% of U.S. sales locally by relocating Mexico, Canada production, report says

Toyota poised to sell 400 acres adjacent to Michigan R&D operations

Staying current is easy with newsletters delivered straight to your inbox.

See More in Suppliers Legacy

Forvia posts slightly lower Q3 sales, but wins new business from Chinese automakers

Longtime Ford supplier Dana explores sale of off-highway unit, report says

Daily 5 report for Oct. 18: Bosch and Rivian's court fight isn't the typical supplier vs. automaker dispute

Nemak's Q3's net income takes a tumble

Staying current is easy with newsletters delivered straight to your inbox.