MUNICH -- ZF Friedrichshafen is locked in a power struggle over its growth strategy that has led its supervisory board chairman, Giorgio Behr, to step down, reports said.
MUNICH -- ZF Friedrichshafen is locked in a power struggle over its growth strategy that has led its supervisory board chairman, Giorgio Behr, to step down, reports said.
The once-dominant Japanese carmaker is restructuring to address a slump in global sales and profitability in the face of rising competition from China’s fast-growing electric vehicle sector.