XTRA:BMWAuto
BMW’s New Long-Term ZF Transmission Deal Could Be A Game Changer For Bayerische Motoren Werke (XTRA:BMW)
BMW Group has signed a multibillion-euro long-term agreement with ZF Friedrichshafen AG to supply and further develop 8-speed automatic transmissions for its passenger cars, with the contract running until the late 2030s to support future drive concepts and lower-emission mobility.
Alongside this, BMW has reshaped its global sales leadership, most recently appointing new regional heads for China, Germany and Latin America, which, together with the secured transmission supply, underlines how...