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ZF to profit 15 bn euros in 2011

Date:2011-09-20 Author:Eric Source:www.chinatrucks.com

www.chinatrucks.com: During 2011 Frankfurt Auto Show, Hans-Georg Hrter, CEO of ZF, decleared that sales ZF increased by 23% in the first eight months, and they may profit 15 bn eruo this year.

Sales of ZF in North America increased by 48%, Western Europe increased by 21%, Eastern Europe increased by 37%, South America 20% and Asia Pacific 7%. And ZF plans to increase their global output by constructing plant in Saarbrücken Germany, and invests 0.3 bn euros to build new plant in South Carolina, the US.

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