German supplier ZF Friedrichshafen AG plans to end use of the TRW name after completing the integration process of its $12.4 billion acquisition of Livonia-based TRW Automotive Inc. in May 2015.
ZF CEO Stefan Sommer said the local employee count for Livonia-based TRW should remain stable. The integration of the two companies is expected to last three to five years.
To that end, automotive supplier TRW is developing a folding steering wheel concept that retracts into the dashboard, allowing older drivers to get in and out with ease. With the over-65 ...
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