Gg Automotive Gears Ltd Share Price Today, Market Cap, Worth Chart, Balance Sheet
ZF, another main participant in the automotive sector, revealed plans for a considerable investment of $200 million in its North American transportation enterprise. Commencing operations in 2023, ZF intends to fabricate the ZF Powerline 8-speed computerized transmission at its cutting-edge production facility situated in Graycourt, South Carolina. Additionally, ZF secured a substantial contract valued at approximately $6 billion in July 2021, solidifying its dedication to the North American market. This contract entails the provision of axles and transaxles for vehicles until 2027, underscoring ZF’s steadfast commitment to its North American operations.
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