ZF is facing a severe financial crisis.

ZF's financial situation is worrying, with net debt reaching €10.6 billion, compared to just €279 million in 2014. The company's annual interest expenses exceed €500 million, leading to a continuous decline in profits. In 2024, ZF's net loss after tax is projected to reach €1.02 billion. In an effort to save itself, ZF has sold its advanced driver assistance business and plans to spin off its persistently loss-making electric drive division.