ZF Friedrichshafen, an auto supplier to the likes of BMW, Jaguar Land Rover and many others, is exploring a partial sale of its axle-assembly business amid an industrywide shift to electric vehicles, people familiar with the matter told Bloomberg.
ZF Friedrichshafen, an auto supplier to the likes of BMW, Jaguar Land Rover and many others, is exploring a partial sale of its axle-assembly business amid an industrywide shift to electric vehicles, people familiar with the matter told Bloomberg.
U.S. light-vehicle sales are projected to rise 4.6 percent to 15 percent in April, forecasters say, as consumers lock in prices poised to rise in coming months as tariffs take a toll on supply and selection.