ZF Courting TRW for Car Connectivity, Self-Driving Savvy

Newswire

BERLIN, July 19 (Reuters) - German car parts supplier ZF Friedrichshafen believes buying U.S peer TRW Automotive Holdings Corp would give it a better foothold in the market for self-driving and connected cars, its finance chief told a German paper. Privately-held ZF Friedrichshafen said earlier this month it was in early stage talks with TRW, which makes airbags, electronics, and braking and steering equipment. CFO Konstantin Sauer said ZF Friedrichshafen was well placed in the areas of ...

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