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Germany's ZF to keep electric motor production in-house but with fewer staff

By Reuters May 19, 2026 Bearish
Germany's ZF to keep electric motor production in-house but with fewer staff
German auto supplier ZF (ZFF.UL) has opted to keep production ​of electric motors in-house but hundreds ‌more job cuts will be needed to secure competitiveness, the company said ​on Tuesday.
German auto supplier ZF (ZFF.UL) has opted to keep production ​of electric motors in-house but hundreds ‌more job cuts will be needed to secure competitiveness, the company said ​on Tuesday.