US EditionZF Friedrichshafen Warns of Deeper Cost Cuts if Global Car Production Declines Further
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ZF Friedrichshafen Warns of Deeper Cost Cuts if Global Car Production Declines Further
ZF Friedrichshafen, Germany’s second-largest automotive supplier, may implement additional cost-cutting measures if global vehicle production continues to decline, the company’s finance chief said in an interview published Thursday. “We are below our projections,” Chief Financial Officer Michael Frick told WirtschaftsWoche magazine, noting that signs point to even lower global car production in the second half [...] The post ZF Friedrichshafen W…
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