ZF recently celebrated its 100th Anniversary at a gala event held at the trade show grounds in Friedrichshafen which was attended by around 1,500 international guests from the automotive industry and business as well as friends and business partners of the company.
The aim of the newly-founded company a 100 years ago was to produce gears and transmissions for aircraft, motor vehicles and motorboats. It was not long before ZF began offering its technology to automobile manufacturers and advanced to become one of the leading automotive supply companies.
“Even one hundred years after its founding, ZF is still driven by its desire to invent new technologies and perfect existing ones,” said CEO Dr. Stefan Sommer in his speech at the celebration event. “Reliability and innovation represent the general values of our company and are the basis of our actions.”
Sommer emphasized that in the light of increasing digitalization and networking in automobiles, it is not enough to simply collect components: “Intelligently combining mechanics, electronics and big data is decisive in developing adequate solutions for the mobility trends of the 21st century. ZF is now very well positioned, as a system supplier, to be a global partner for automobile and commercial vehicle manufacturers. It has the capacity to be a one-stop shop for supplying the right products and technologies.
The trend toward autonomous driving and electromobility will change automobile use and technology more than any other previous developments. “Nevertheless, it will probably still take more than two decades before electromobility achieves a dominating market share,” said Sommer. “Even if we devote all of our effort to developing the electric drive, ZF will also have to look closely at driveline hybridization in order to increase the efficiency of cars and further reduce emissions.”
The plug-in hybrid is an important bridge technology from today’s world of the combustion engine into the new world of pure electro-mobility.
Sommer explained that ZF intends to further bolster the group-wide technology transfer from the passenger car to commercial vehicles and industrial technology: “In view of our long-term strategy, we want to further expand the non-automotive segment to achieve greater diversification.”
Matthias Wissmann, President of the German Association of the Automotive Industry (VDA), underlined in his speech the importance of the German automotive industry for the domestic economy. He said: “Co-operation between manufacturers and suppliers is the core reason for the leading technology position that the German automobile industry has established for itself. Our joint goal must be to link innovative value-added structures, so that we grow exactly where our markets are growing and, at the same time, keep Germany as a strong manufacturing location. Because this is where our roots run deep and this is where they will stay. Here, too, is where we intend to shape the future of mobility. To do so, we need a forward-looking framework. Because one thing is clear: competitiveness is neither a static condition nor is it self-sustaining. Legislators must do a better job of addressing the many issues of competitiveness. At present, it will probably not be easy to find political majorities on these issues, but it is absolutely critical.”
With its expertise and its impressive range of products and services, ZF Friedrichshafen AG is perfectly positioned to take on future competition. Also, the future potential of the German automotive supplier industry is huge. “ZF ranks among the global players. Where there is motion, ZF is there! And as a result of strategic decisions, it has created the necessary condition for future growth,” he added.