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http://online.wsj.com/articles/zf-trw-aim-to-provide-bundles-of-high-tech-parts-to-make-cars-smart-1411009052 http://online.wsj.com/articles/trw-agrees-to-11-7-billion-sale-1410790179 http://www.bloomberg.com/news/2014-09-15/zf-to-buy-trw-in-11-7-billion-deal-to-create-no-2-in-car-parts.html This is the most talk about issue of 2014 in the automotive industry. The rivalry of these 2 automotive parts giant have come to a happy conclusion with ZF acquiring TRW to form the world's #2 automotive parts supplier trailing only behind Bosch. The acquisition would have been unexpected years ago will help to churn out more automotive parts with more competitive prices. For many who are not aware, ZF is the one who designed and produced the 8 speed transmissions for BMW and Landrovers. The 9 speed transmission for the L/R Evoque. The shock absorbers and clutches and transmission makers for Porsche PASM and PDK. Porsche and BMW merely buy their transmission and shock absorbers and suspension parts etc from ZF and rebrand it as their own. I wonder how this is going to affect us as consumers. hmm.. sounds promising.
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