ZF Group achieves record sales in 2010

April 27, 2011

April 27, 2011

ZF Friedrichshafen AG has announced record sales of €12.9 billion in 2010, up 38% on the previous year, with pre-tax profits of €680 million. The automotive supplier also anticipates significant sales and profit growth in the current year with the first quarter of 2011 showing a 31% sales increase.

ZF is one of the world’s leading automotive industry suppliers specialising in driveline and chassis technologies. With a workforce of around 70,000 employees, the company operates 117 plants in 26 countries.

The company utilises a range of powder metallurgy components in the production of its automatic and manual transmissions, as well as a number of innovative sintered components in its chassis technology.

“No one guessed that we would manage to overcome the financial and economic crisis and increase our sales to an all-time high so rapidly,” remarked ZF CEO Hans-Georg Härter at the Group’s annual press conference in Stuttgart. “The recovery that began to appear in late 2009 stabilised in the course of the past fiscal year. This allowed ZF Group to achieve well-above-average rates of growth in all segments.”

Growth in sales to the passenger vehicle industry grew by between 30% and 40%, with exceedingly positive sales growth occurring for premium car products. The truck and construction equipment segments, which were particularly affected by the crisis in 2009, managed in 2010 to post extremely high growth rates of roughly 50% and 100% respectively, albeit based on very low sales in the previous year, stated the company.

In 2011, ZF will hire approximately 5,000 new employees worldwide and the ZF Group plans to invest massively in site expansions and new products.



| Articles | Market reviews | Search directory | Subscribe to e-newsletter



April 27, 2011

In the latest issue of PM Review…

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • Phoenix Sintered Metals: A story of transformation, growth and community from America’s PM heartland
  • World PM2024 Yokohama: The stage is set for the PM industry to find a path to sustainable growth
  • The state of Europe’s hard magnets industry and the challenge of optimising the mass production of Nd2Fe14B permanent magnets

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

Join our community

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.


Browse the archive


Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of PM Review magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • Consulting & toll sintering
View online
Share via
Copy link