ZF Friedrichshafen: Hardly affected by Daimler-Truck offices!

ZF Friedrichshafen: Hardly affected by Daimler-Truck offices!

Leinfelden-Echterdingen, Deutschland - The auto industry in Germany is currently a hot iron that presented some companies with great challenges. Current developments include Daimler Truck's announcement to reduce 5,000 jobs in Germany in the next few years . This emerges from the recent statements of the CEO Karin Rådström . The background of these measures is the economic difficulties in the commercial vehicle sector.

First, however, there is an all -clear for ZF Friedrichshafen AG. The company is hardly affected by the savings at Daimler Truck in the commercial vehicle sector, since ZF mainly niche products in a low number delivers . A spokesman for ZF said that in view of the small delivery quantities on Daimler Truck, one was “relaxed”.

market developments and savings

Despite the stable relationships with Daimler Truck, the effects of the weakening markets can also be felt at ZF. The demand for truck drives is reserved and the global political situation leads to negative influences on production. A member of a works council from Leinfelden-Echterdingen was surprised and angry about the planned job cancellations at Daimler.

The job cuts at Daimler also brings a saving of at least one billion euros by 2026 . Rådström announced that all cost items, including material and personnel costs, have to be put to the test. However, details about the exact proportion of personnel costs and further negotiations with the works council are still pending.

effects on the industry

These developments are part of a larger trend that affects the entire automotive industry. The ifo institut reports that the mood in car production in Germany has reached a low point, which is currently reflected in frequent restructuring reports and the fastener in fact. Large players such as Ford, Nissan and Audi also have to reduce positions or reduce their production.

for ZF could even be fully included in the e-division, which includes electrified drive technologies and gearboxes and accounts for around 25% of the group sales. This could affect over 32,000 employees, including 6,000 at the Schweinfurt location.

In the middle of this unrest, there are also positive signs to report: Despite the challenges, ZF has not lost its market shares in the truck division. At the Friedrichshafen location, there has been no short -time work since February, which is a good news for the employees.

The industry remains in motion, and it remains to be seen how further development will be shaped, especially in view of the uncertainties on the market and the upcoming negotiations between competitors and works councils.