ZFWD's ranking in the top 500 of the world soared to 263

The annual Fortune Global 500 Ranking is an authoritative list of the world's largest companies. In the total list, auto manufacturers and parts suppliers have a total of 33 seats, of which 11 auto parts companies have entered the list, on the list of auto parts business ZF , Bosch , China, and electricity. Equipment, Magna and Aisin Seiki.

In the past 2016, ZF’s performance can be described as “very amazing”: sales jumped by 20.6% to 35.2 billion Euros, making it Germany's third-largest auto parts giant after Bosch and China. . EBIT margin was 6.4%, an increase of 1 percentage point from the previous 5.4%. The adjusted free cash flow was as high as 2 billion euros. After spending heavily on the acquisition of TRW, ZF successfully cut the external debt of 16 euros. At the same time, the German giant continues to increase R&D expenditures, investing 2 billion euros in the research and development of new technologies and products with the strategic goal of “See-Think-Act”.

ZF, with its advantages in the field of passenger car and commercial vehicle transmissions, competes with each other and makes every effort to actively deploy new energy and driverless vehicles. In the 2015 Top 500 list, it ranked 488th, 2016. In the year it reached 320, and in 2017 it has risen to 263. 2018, we will wait and see!

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