ZF and Dongfeng Commercial Vehicle Sign Cooperation Agreement

At the 2010 Hannover International Commercial Vehicles Show, ZF AG and Dongfeng Commercial Vehicles consolidated their strategic partnership. In addition to the joint development work, the agreement signed by both parties includes ZF's provision of a mechanical automatic transmission for Dongfeng Commercial Vehicle Company.

ZF and Dongfeng Commercial Vehicles Cooperation

It is understood that Dongfeng Commercial Vehicle Corporation (DFCV) is a leader in the medium and heavy commercial vehicle market in China. As early as 2006, Dongfeng Commercial Vehicle Company and ZF Corporation have established a strategic partnership. ZF provides Dongfeng Commercial Vehicles with manual transmissions that are locally produced in China. At the 2010 International Commercial Vehicle Show, both parties signed an agreement for future cooperation.

The future intention of Dongfeng Commercial Vehicle Company indicates that Dongfeng Commercial Vehicle Company will join hands with ZF to jointly develop the growing high-end truck market in China. Dongfeng Commercial Vehicles will provide customers with value-added high-end trucks equipped with ZF transmissions, thereby effectively reducing operating costs for customers. Huang Gang, general manager of Dongfeng Commercial Vehicle Co., Ltd., said: "As we all know, ZF products are always famous in China for high quality specifications." ZF currently supplies "AS Tronic" mechanical automatic transmissions and other new products for Dongfeng Commercial Vehicle Company. technology.

Rolf Lutz, Chairman of ZF Group's Board of Directors, and Commercial Vehicle and Special Vehicle Drive Technology Division, said: “In the past few years, ZF has achieved great success with its concept of 'Made in China and Made in China'. It is believed that the new round of cooperation with Dongfeng will surely bring about a win-win situation for both parties."

On September 24, 2010, General Manager Huang Gang and President Rolf Lutz signed an agreement at the Hanover International Commercial Vehicles Show to consolidate ZF's position in China's commercial vehicle market. In the agreement, both sides promised to carry out effective cooperation, including joint development work. "In the past few years, through frequent exchanges of visits, the relationship between Dongfeng and ZF has developed steadily, and the cooperation has been profitable and the foundation has been solid." Rolf Lutz said, "These aspects are all very favorable. We will maintain a long-term partnership with Dongfeng. relationship."

Dongfeng Motor Corporation (DFM) is the parent company of Dongfeng Commercial Vehicle Company. Founded in 1969, it has now become one of the top three manufacturers in the Chinese automotive industry. In 2008, Dongfeng Motor Company, with 124,000 employees, sold 1.321 million passenger cars and commercial vehicles. Dongfeng Motor Company is one of the largest companies in China.

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