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Germany’s ZF Coughs up $13.5 Bil to Buy TRW

Acquisition likely to intensify race for autonomous driving systems.

by on Sep.16, 2014

ZF's acquisition of TRW may have just heated up the competition among suppliers to develop autonomous vehicle technologies.

In a $13.5 billion deal likely to intensify the race to bring autonomous driving technology to market, Germany’s ZF Friedrichshafen AG will acquire U.S. auto partsmaker TRW Automotive Holdings Corp.

The transaction will create the world’s second-largest automotive supplier, with combined sales of approximately $41 billion and 138,000 employees, the two companies said in a joint statement. The agreement was unanimously approved by TRW’s Board of Directors and ZF’s Supervisory Board and Management Board.

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The ZF and TRW deal is expected to close early next year and the combined company “will be well positioned to capitalize on favorable megatrends” in the automotive industry by bringing together complementary product offerings and leading technology positions that serve high-growth areas such as fuel efficiency, increased safety requirements and autonomous driving, executives from the two companies said. (more…)

Ford to use TRW Electric Power Steering in Europe

Fuel saving technology is migrating from North America.

by on Jun.24, 2010

Energy consumption of an EPS system is less than seven percent of a conventional hydraulic power steering system.

TRW Automotive Holdings Corp. (NYSE:TRW) today announced that it is debuting a larger version of its Electrically Assisted Steering (EAS) system in Europe for the first time with Ford Motor Company later this year.

Ford has been using the fuel-saving steering gear in North America for the past two years on Taurus, Fusion, Flex and Mercury Milan models, as well as Lincoln MKS and some MKTs.

TRW also confirmed that a second major global automotive manufacturer would use this Belt Drive – also called Rack Drive – Electrically Powered Steering (EPS) on mid-size passenger cars beginning in 2012. The Belt Drive system only consumes power when steering assist is needed.

The energy consumption of an EPS system is typically less than seven percent of a conventional hydraulic rack and pinion power steering system. This equates to a fuel savings of 0.3 to 0.4 L/100 km, with a corresponding reduction in carbon dioxide emissions of approximately 7-8g/km (up to 3.5%).

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The Belt Drive EPS system supports rack loads of up to 15 kN or higher depending on vehicle kinematics and dynamic requirements. Column Drive systems are typically used on systems with output levels up to 85-100 Nm.

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