Mahle says the motor ticks most modern automotive requirement boxes, being clean, light, efficient and able to be assembled without the use of rare earths when requested by customers.
Holger Klein will assume the role of deputy chairman of the ZF Board of Management on Oct. 1 before succeeding Wolf-Henning Scheider as chairman and CEO on Jan. 1, 2023.
As Russia’s military conflict with Ukraine continues, some companies are scaling back operations in the country and others are looking to maintain or expand their presence in former Soviet Union satellites.
