Company Special: ZF Friedrichshafen sees domestic market as key to Asia-Pacific region

German automobile driveline and chassis technology supplier ZF Friedrichshafen AG turned a lot of heads during last week's Auto Shanghai exhibition with its innovative products.

Jurgen Holeksa, the group company's chairman of Asia Pacific and also executive member of the management board, said that he has high hopes for the market.

Last year, the company's China sales reached 2.1 billion euros ($2.7 billion), accounting for 20 percent of the total sales in the ZF group. Holeksa said he aims to increase sales by about 15 percent this year.