Supplier Spotlight

Video Exclusives

Jaguar details the technology behind the I-Pace

Jaguar I-Pace

Ahead of it public debut at the Geneva International Motor Show next month, McLaren has released further information on the Senna. Fitted with a 4.0-liter twin-turbocharged V8 – McLaren’s most powerful IC engine ever produced for a road car – the limited release hypercar will develop 800ps and 800Nm.

Toyota details its new Dynamic Force engine

Megane R.S Video

The Japanese OEM has revealed its all-new powertrain system which is set to be installed in 80% of Toyota vehicles by 2023. Based on the Toyota New Global Architecture, the technology will feature a new continuously variable transmission (CVT), a 6-speed manual transmission and a 2.0-liter hybridized engine unit.

Click here/on image to watch video

As OEMs continue to announce plans to end production of diesel engines, Mercedes-Benz has unveiled its new diesel PHEV C-Class at the Geneva Motor Show. Will this powertrain development give TDI a new lease of life? 


ZF posts improved first half figures, despite increase R&D spend

ZF Friedrichshafen AG has announced that it has further increased its sales and profit margin during the first six months of 2017. Sales rose to €18.3 billion (US$21.7bn) with the adjusted operating profit (EBIT) increasing to €1.2 billion (US$1.4bn). ZF thus posted an improved adjusted EBIT margin of 6.6% despite an increase in research and development investments. At the same time, ZF was able to reduce its debt load, which was a result of the TRW acquisition, by roughly €684 million (US$813m).

"ZF has invested heavily in the future during the first half of the year – we are quickly ramping up our efforts when it comes to electromobility and autonomous driving," explained ZF's chief executive officer, Dr. Stefan Sommer. "Our improved margin and a solid cash flow are helping us to achieve this, as well as several new cooperative partnerships which we are using to complete our technology portfolio."

In the first six months of 2017, ZF generated sales totaling €18.3bn. This is an increase of €481m or 2.7% over the first six months of last year. Excluding exchange rate effects and with adjustment for the buying and selling of company shares, the organic growth rate was three percent.

The adjusted operating profit (EBIT) reached €1.2bn (2016: €1.1bn) in the first six months of 2017 and is the equivalent of an adjusted EBIT margin of 6.6% (2016: 6.3%).

"Despite investing more in research and development as well as electromobility and autonomous driving, we were able to further improve our margin,” added chief financial officer Dr. Konstantin Sauer. "We were able to achieve this by boosting operating performance and realizing synergies
resulting from the acquisition of TRW."

The adjusted earnings before interest, taxes and depreciation and amortization (EBITDA) came to €2.0bn (2016: €1.9 bn), which is the equivalent of an EBITDA margin of 10.8% (2016: 10.7%).

The operative free cash flow, adjusted for buying and selling of company shares, stood at €322m (2016: €401m), which contributed to further reducing the debt – which resulted from the TRW acquisition – by €684m to €7.6 bn. In the meantime, the equity ratio rose by two percentage points to 23%. ZF predicts that business will remain stable throughout 2017.

"We continue to expect an adjusted EBIT margin of more than six percent and an adjusted EBITDA margin of over ten percent,” concluded Sauer. "2017 sales will exceed €36bn (US$42bn) from today's perspective."

4 August 2017


Your email address:

Read Latest Issue

International Engine of the Year Awards
Read Latest Issue

Web Exclusive Articles

Audi pursues e-fuels strategy with testing of new e-benzin fuel technology
Audi continues to pursue its e-fuels strategy with the testing of its e-gasoline ‘e-benzin’.
Read Now

Siemens on the future of the EV battery industry
With a holistic approach to battery development, Siemens discusses the production solutions available to OEMs as the electric vehicle industry becomes increasingly demanding
Read Now

WMG details sensor technology that could enable five times faster charging
Research led by Warwick Manufacturing Group (WMG) at the University of Warwick in the UK has produced new sensor technology that could enable five times faster charging for commercial EV batteries.
Read Now

Read Latest Issue

Supplier Spotlight

Supplier SpotlightClick here for listings and information on leading suppliers covering all aspects of the engine technology industry. Want to see your company included? Contact for more details.

Submit your industry opinion

Industry BlogDo you have an opinion you'd like to share with the engine technology community? We'd like to hear your views and opinions on the leading issues shaping the industry. Share your comments by sending up to 500 words to

Submit Your Recruitment Ad

Recruitment AdTo send us your recruitment advertising or to receive information on placing a banner please email