ZF Friedrichshafen has agreed to buy Wabco for more than $7 billion, an acquisition it has long targeted to bolster its expertise in trucks and driver-assistance systems.
ZF Friedrichshafen has agreed to buy Wabco for more than $7 billion, an acquisition it has long targeted to bolster its expertise in trucks and driver-assistance systems.
The cuts amount to roughly 5% of the automaker’s connected-vehicle software team, which is under the purview of Doug Field, Ford’s chief EV, digital and design officer.