German auto supplier ZF to beat 2005 sales target

Newswire

STUTTGART, Germany, Dec 15 (Reuters) - Booming commercial vehicle and construction equipment sectors will help ZF Friedrichshafen boost 2005 sales 7 percent to 10.75 billion euros ($12.93 billion), the German automotive parts supplier said on Thursday. That would top the 10.6-billion-euro target the company set in September after strong demand for its drivetrain and chassis products prompted it to raise its orginal forecast for 5 percent sales growth this year. ZF was the world's ...

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