- Advertising Aerospace Agriculture Animals/Pets Automotive Biotech Boating Business / economics Chemistry Cities and provinces Comics Computer hardware Computers Construction Countryside Culture and art
- Decoration Education Electronics Energy Engineering Environment and nature Family Finance Food and Beverages Forest and Wood Gardening Government Handicraft Homeland Insurance International
- Legal Leisure Lifestyle Logistics Manufacturing Marketing Media Medical Metal industry and Metallurgy Military Music and Entertainment Non-profit Paper industry Photography Politics Publishing
- Real estate Religion Retail Science Security Site News Social services Software Sport / leisure Sports Telecommunications Topstory Tourism Working life
Bosch completes acquisition of ZF Lenksysteme
Published: 02-Feb-2015 11:05 am
Stuttgart/Schwäbisch Gmünd – On January 30, 2015, the Bosch Group completed its acquisition of ZF Friedrichshafen AG’s 50-percent share in the joint venture ZF Lenksysteme GmbH (ZFLS). The antitrust authorities have approved the acquisition. This means that Bosch now owns all shares in the formerly 50:50 joint venture. It will be incorporated into the Bosch Group as a new division with the name Robert Bosch Automotive Steering GmbH. A vote was held among ZFLS associates to determine the new name.
ZFLS employs more than 13,000 associates in eight countries. The company develops, manufactures, and sells steering systems for passenger cars and commercial vehicles worldwide. In 2013, it registered sales of around 4.1 billion euros. With a total of 20 locations in places such as Europe, the U.S., China, India, Brazil, and Malaysia, the company is active in the world’s most important automotive markets.
ZFLS is a leading manufacturer of modern, fuel-saving electric steering systems, with which it currently generates around 60 percent of its sales. Alongside its potential to save up to 0.8 liters of fuel per 100 kilometers, electric steering is the basic technology required to realize a number of assistance systems in cars as well as automated driving. For example, electric steering systems are one of the prerequisites for automatic evasive steering support in critical situations, the lane-keeping assistant, and the start-stop coasting function in which the engine shuts off while coasting. ZFLS also offers suitable, systems-capable electric steering systems for the growing electric vehicle market.
Electric steering is also increasingly being used in commercial vehicles. At the 2014 IAA Commercial Vehicles in Hannover, ZFLS presented the new commercial-vehicle steering system Servotwin, which marks the first step into the electrification of commercial vehicle steering. This hydraulic-electric steering for commercial vehicles paves the way for the introduction of driver assistance systems in the commercial segment as well.
Bosch’s customers will benefit from the increased range of products on offer, which now includes steering systems. A main focus of ZFLS’s R&D activities is the networking of components into software-controlled complete systems. For example, the company brought a solution to series production which allows a car hooked up to a trailer to be maneuvered from outside the vehicle with a smartphone. Thanks to the development of the Servotwin electro-hydraulic commercial-vehicle steering system, this principle also now works in trucks with well over 40 metric tons of load volume. The corresponding prototype was presented at the 2014 IAA.
A compact, locally-engineered, and especially cost-effective electric power steering system for Asian markets shows that the company not only offers solutions for the premium segment. This means that even customers who drive more affordable compact cars can benefit from the increased efficiency offered by these products.
In total, around 1,400 of the new division’s associates, or more than one in ten, work in development. In 2013, the company spent roughly 238 million euros on research and development. Since its establishment some 15 years ago, the company has filed around 750 patents.
Contact for journalists:
Robert Bosch GmbH
Dr. Ingo Rapold,
Phone: +49 711 811-48905Phone: +49 711 811-7639
Phone: +49 711 811-7639
Phone:+ 49 89 636-34794
Other releases of publisher
Search from category
Newest of the category
- 28.04.2017 18:40Sound machines help babies fall asleep in half the time, at home as well as on-the-go.
- 17.03.2017 16:15Тренажёр для сна SAM от ZAZU помогает многим детям и родителям лучше спать!
- 17.03.2017 11:30L’accompagnateur de sommeil Sam offre aux enfants et aux parents 45 minutes de sommeil supplémentaire.