ZF Commercial Vehicle Control Systems India Confirms No Impact on ADAS Business from ZF Group's Global Transaction with Harman International
ZF Commercial Vehicle Control Systems India Ltd. has clarified that the sale of Advanced Driver Assistance Systems (ADAS) for Passenger Cars by ZF Friedrichshafen AG to Harman International Inc. does not affect its India operations or the ADAS portfolio for commercial vehicles. The company will continue its activities in driver assistance and autonomous driving in the commercial vehicle sector. There is no impact on customer agreements or project execution, and the ADAS roadmap for commercial vehicles remains unchanged. The announcement of the sale of certain ADAS activities to Harman applies only to ZF’s passenger car ADAS Division, and the Commercial Vehicle Solutions (CVS) Division, including all ADAS development, supply, service, and customer programs for trucks, coaches and buses, is not part of the transaction and remains fully unchanged.
Key Highlights
- ZF Commercial Vehicle Solutions (CVS) confirms that the announced transfer of certain Advanced Driver Assistance Systems (ADAS) activities applies exclusively to its ADAS Division portfolio and does not pertain to the ADAS portfolio of the ZF CVS Division.
- Existing customer contracts, service arrangements, and terms & conditions remain in force, and program deliveries continue without interruption.
- ZF will continue its activities in driver assistance and autonomous driving in the commercial vehicle sector, and CVS retains the dedicated teams, capabilities, and governance needed for the development and supply of ADAS solutions for trucks, coaches and buses applications.
- The announced sale of certain ADAS activities to Harman applies only to ZF’s passenger car ADAS Division. ZF’s Commercial Vehicle Solutions (CVS) Division is not part of the transaction and remains fully unchanged.
- ZF Commercial Vehicle Control Systems India Ltd. has clarified that there is no impact on customer agreements or project execution, and the ADAS roadmap for commercial vehicles remains unchanged.