ZF TRW
| ZF TRW Automotive Holdings
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|---|---|
 |
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| legal form | Incorporated |
| founding | 2002 |
| Seat | Livonia , United States |
| management | Franz Kleiner |
| Number of employees | approx. 65,000 (2014) in 26 countries |
| sales | $ 17.4 billion (2013) |
| Branch | Automotive supplier |
| Website | www.trwauto.com |
The TRW Automotive Automotive Holdings Corp. ( T hompson R amo W ooldridge) is an American group in the automotive supplier industry with headquarters in Livonia / Michigan . TRW Automotive was listed on the New York Stock Exchange until it was incorporated into ZF Friedrichshafen AG .
History and structure
history
In 1997, the defense, aerospace and electronics group TRW took over the airbag and steering wheel systems division from Magna International and TEMIC Bayern-Chemie Airbag in Aschau am Inn from Daimler-Benz and BDM International. These became TRW Airbag Systems and brought the entry into the field of occupant protection systems. In 1998, TRW was the first automotive supplier to develop a complete occupant restraint system for a series vehicle, the Mercedes-Benz M-Class. TRW supplied the first two-stage generator for airbags. In 1999, TRW took over the automotive supplier LucasVarity (created from the merger of Lucas Industries and Varity ).
TRW Automotive was formed in 2002 through a spin-off and sale from TRW Inc. , when Northrop Grumman bought the armaments division on December 12, 2002 , while the financial investor Blackstone Group bought the automotive division in 2003 under the company TRW Automotive .
Together with Michelin , TRW founded the EnTire Solution, a 50:50 joint venture for the development of tire pressure monitoring systems ( Tire Pressure Monitoring System , TPMS). The company is headquartered in Farmington Hills in the US state Michigan. In 2004, TRW Automotive Holdings Corp. on the New York Stock Exchange. In 2005, TRW Automotive took over the majority of Dalphi Metal España SA , Madrid, Spain (Dalphimetal), a manufacturer of airbag systems and steering wheels.
In September 2014, TRW Automotive accepted a takeover by ZF Friedrichshafen AG, which should be completed in the first half of 2015. The cash prize was US $ 12.4 billion. Almost at the same time, the sale of the engine valves division to Federal-Mogul was announced.
ZF TRW has been a division of ZF Friedrichshafen AG since May 15, 2015 and is managed there under the name Active & Passive Safety Technology.
On March 5, 2019, the European Commission imposed fines totaling 368,277,000 euros on the Swedish company for automotive safety systems , Autoliv and the US company ZF TRW, which was acquired by the German ZF Friedrichshafen , for a breach of EU antitrust regulations . The Japanese company Takata was fined for having acted as a key witness to inform the Commission of the cartel. The product markets affected were the markets for seat belts , airbags and steering wheels for supplies to the automobile manufacturers BMW and Volkswagen .
Corporate structure
As an automotive supplier, ZF TRW has around 65,000 employees at more than 185 locations in Europe, North and South America, South Africa and Asia. As one of the largest automotive suppliers, ZF TRW claims to be the world market leader in the field of disc brake systems , electrically assisted steering systems and seat belts and a leader in the field of airbags , driver assistance systems , traction control systems , anti-lock braking systems , switches, sensors and electronic components , software technologies, engine valves and fastening systems made of plastic.
ZF TRW achieved sales of 17.4 billion US dollars in 2013, around 49% of which in Europe. In the area of active and passive vehicle safety, ZF TRW works as an original equipment manufacturer for all well-known automobile manufacturers worldwide .
In Germany, ZF TRW employs around 10,500 people at 18 locations.
Web links
Individual evidence
- ↑ a b c About TRW - TRW Automotive. Retrieved July 1, 2014 .
- ↑ The Barsinghausen plant of the engine parts manufacturer TRW Automotive will soon have new owners. Retrieved October 27, 2014 .
- ↑ ZF completes takeover of TRW Automotive. Retrieved May 15, 2015 .
- ↑ Antitrust law: Commission imposes fines of EUR 368 million on suppliers of vehicle safety equipment in cartel settlement proceedings. In: europa.eu . March 5, 2019, accessed March 5, 2019 .
- ^ TRW in Germany. Retrieved October 27, 2014 .