Schaeffler Group

DGAP-News: Schaeffler AG: Schaeffler Responds to the Corona Crisis

Tuesday, March 24, 2020 - 1:14pm

Herzogenaurach | March 24, 2020 | Due to the worldwide spread of the corona crisis and the resulting measures and restrictions, the Management Board of Schaeffler AG today suspended the guidance for the 2020 financial year for the Schaeffler Group and its divisions that was published on March 10, 2020.

Key Points: 
  • Herzogenaurach | March 24, 2020 | Due to the worldwide spread of the corona crisis and the resulting measures and restrictions, the Management Board of Schaeffler AG today suspended the guidance for the 2020 financial year for the Schaeffler Group and its divisions that was published on March 10, 2020.
  • In addition to protecting the health of the company's employees, sustaining the supply chain and supporting customers are also a priority.
  • "The corona crisis is affecting all of us as well as the economy as a whole.
  • With just under 2,400 patent applications in 2019, Schaeffler is Germany's second most innovative company according to the DPMA (German Patent and Trademark Office).

Automotive Anti-Roll Bar Market 2020-2024 | Rising Popularity of Utility Vehicles to Boost Growth | Technavio

Wednesday, March 4, 2020 - 11:00pm

Our automotive anti-roll bar market report covers the following areas:

Key Points: 
  • Our automotive anti-roll bar market report covers the following areas:
    This study identifies development of advanced automotive chassis control system as one of the prime reasons driving the automotive anti-roll bar market growth during the next few years.
  • Automotive Anti-roll Bar Market 2020-2024: Vendor Analysis
    We provide a detailed analysis of around 25 vendors operating in the automotive anti-roll bar market, including some of the vendors such as NHK Spring Co. Ltd., Schaeffler AG, Sogefi Spa, thyssenkrupp AG and ZF Friedrichshafen AG.
  • Backed with competitive intelligence and benchmarking, our research reports on the automotive anti-roll bar market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Automotive Anti-roll Bar Market 2020-2024: Key Highlights

Visiongain Publishes Automotive Acoustic Engineering Services Market 2020-2030 Report

Monday, March 2, 2020 - 2:00pm

Asia Pacific region is expected to be the largest market for automotive acoustic engineering services due to presence of major developing countries including China, India, and South Korea, leadership in vehicle production and consumption, and adoption of technological advancement by OEMs.

Key Points: 
  • Asia Pacific region is expected to be the largest market for automotive acoustic engineering services due to presence of major developing countries including China, India, and South Korea, leadership in vehicle production and consumption, and adoption of technological advancement by OEMs.
  • Leading companies featured in the Automotive Acoustic Engineering Services Market Report 2020-2030 report include Autoneum, AVL GmbH, Bertrandt, Continental, EDAG Engineering, FEV, IAV, Schaeffler, Siemens PLM Software, and STS Group among others.
  • In addition, the report includes dedicated leading companies covering 10 leading automotive acoustic engineering services industry producers.
  • To find out more about this report please contact Sara Peerun at sara.peerun@visiongain.com or refer to our website: https://www.visiongain.com/report/automotive-acoustic-engineering-services-market-report-2020-2030/
    The report on the Automotive Acoustic Engineering Services Market Report 2020-2030 will appreciate anyone who wants to better understand the market in various segment verticals.

Visiongain Publishes Automotive Acoustic Engineering Services Market 2020-2030 Report

Monday, March 2, 2020 - 2:00pm

Asia Pacific region is expected to be the largest market for automotive acoustic engineering services due to presence of major developing countries including China, India, and South Korea, leadership in vehicle production and consumption, and adoption of technological advancement by OEMs.

Key Points: 
  • Asia Pacific region is expected to be the largest market for automotive acoustic engineering services due to presence of major developing countries including China, India, and South Korea, leadership in vehicle production and consumption, and adoption of technological advancement by OEMs.
  • Leading companies featured in the Automotive Acoustic Engineering Services Market Report 2020-2030 report include Autoneum, AVL GmbH, Bertrandt, Continental, EDAG Engineering, FEV, IAV, Schaeffler, Siemens PLM Software, and STS Group among others.
  • In addition, the report includes dedicated leading companies covering 10 leading automotive acoustic engineering services industry producers.
  • To find out more about this report please contact Sara Peerun at sara.peerun@visiongain.com or refer to our website: https://www.visiongain.com/report/automotive-acoustic-engineering-services-market-report-2020-2030/
    The report on the Automotive Acoustic Engineering Services Market Report 2020-2030 will appreciate anyone who wants to better understand the market in various segment verticals.

Outlook on the World Market for Bearings, 2019-2023 - Leading Players are AB SKF, Schaeffler Technologies, NSK, NTN, JTEKT, and The Timken Company

Thursday, December 12, 2019 - 9:00pm

The global bearings market value is forecasted to reach US$51.62 billion in 2023, growing at a CAGR of 5.44%, for the period spanning from 2019 to 2023.

Key Points: 
  • The global bearings market value is forecasted to reach US$51.62 billion in 2023, growing at a CAGR of 5.44%, for the period spanning from 2019 to 2023.
  • The bearings industry consists of manufacturers of ball (open & sealed deep groove ball bearings) and roller (cylindrical, spherical, tapered & needle) bearings.
  • The competitive landscape of the market, along with the company profiles of leading players i.e.
  • AB SKF, Schaeffler Technologies AG & Co. KG, NSK Ltd., NTN Corporation, JTEKT Corporation and The Timken Company are also presented in detail.

DGAP-News: Schaeffler AG: BDT Capital Partners acquires significant holding of non-voting common shares

Thursday, November 21, 2019 - 3:10pm

BDT Capital Partners has informed Schaeffler AG that BDT Capital Partners has acquired approximately 25 percent of the outstanding non-voting common shares of Schaeffler AG.

Key Points: 
  • BDT Capital Partners has informed Schaeffler AG that BDT Capital Partners has acquired approximately 25 percent of the outstanding non-voting common shares of Schaeffler AG.
  • BDT Capital Partners, a Chicago-based merchant bank, was founded in 2009 by Byron D. Trott and focusses on investments in family-owned businesses.
  • The Schaeffler Group is a leading global supplier to the automotive and industrial sectors.
  • The Schaeffler Group is already shaping "Mobility for tomorrow" to a significant degree with innovative and sustainable technologies for electric mobility, digitalization, and Industry 4.0.

Formula E as Test Lab for Innovation: Schaeffler Executive Discusses Benefits of EV Racing Series

Monday, November 11, 2019 - 3:00pm

TROY, Mich., Nov. 11, 2019 /PRNewswire/ --Since Formula E was formed in 2014, Schaeffler has been one of the most notable and successful players in the electric vehicle racing series.

Key Points: 
  • TROY, Mich., Nov. 11, 2019 /PRNewswire/ --Since Formula E was formed in 2014, Schaeffler has been one of the most notable and successful players in the electric vehicle racing series.
  • Schaeffler is the exclusive technology partner of the team Audi Sport Abt Schaeffler and is responsible for the drive train of the electric racecar.
  • During the "Faster, Better, Sexier: How the Industry Benefits from EV Racing Programs" session held at 2:30 p.m., Hemphill will share how the company's "Mobility for tomorrow" strategy ignited the supplier's initial interest in the electric racing series.
  • "We've been involved since the inaugural season and the series has become a trailblazing test bed for future technologies.

Help Wanted: Schaeffler Group USA Is Offering Hiring Bonuses Worth up to $2,500 in Wooster, OH

Thursday, November 7, 2019 - 3:08pm

(Must be an employee in good standing for 18 continuous months to be eligible for the full $2,500 bonus.)

Key Points: 
  • (Must be an employee in good standing for 18 continuous months to be eligible for the full $2,500 bonus.)
  • Said Schaeffler Group Training Leader Carrie McKelvey, "We are thrilled to host the students and ignite a passion for a career in the manufacturing industry."
  • The Schaeffler Group is already shaping "Mobility for tomorrow" to a significant degree with innovative and sustainable technologies for electric mobility, digitalization and Industry 4.0.
  • With more than 2,400 patent applications in 2018, Schaeffler is Germany's second-most innovative company according to the German Patent and Trademark Office (DPMA).

Schaeffler Supplies Modular Hybrid Transmission to 2020 Ford Explorer, Ford Police Interceptor® Utility and Lincoln Aviator

Tuesday, November 5, 2019 - 2:38pm

TROY, Mich., Nov. 5, 2019 /PRNewswire/ --Automotive and industrial supplier Schaeffler is supplying its modular hybrid transmission to the 2020 Ford Explorer and Police InterceptorUtility, as well as the 2020 Lincoln Aviator.

Key Points: 
  • TROY, Mich., Nov. 5, 2019 /PRNewswire/ --Automotive and industrial supplier Schaeffler is supplying its modular hybrid transmission to the 2020 Ford Explorer and Police InterceptorUtility, as well as the 2020 Lincoln Aviator.
  • One of Schaeffler's latest E-Mobility technologies, the modular hybrid transmission enables hybridization for the SUV, truck and off-road vehicle segments, while providing more power and torque.
  • "We're delighted to supply the Lincoln Aviatorand Police InterceptorUtility vehicles with our modular hybrid transmission as we further define the industry's needs.
  • Schaeffler Automotive has headquarters in Fort Mill and manufacturing facilities in: South Carolina; Missouri; Ohio; Ontario, Canada; Puebla and Irapuato, Mexico.

Chief Technology Officer Prof. Dr.-Ing. Peter Gutzmer to retire

Tuesday, October 1, 2019 - 6:07pm

Peter Gutzmer (65), who is retiring after 18 years of service with the company.

Key Points: 
  • Peter Gutzmer (65), who is retiring after 18 years of service with the company.
  • Peter Gutzmer joined Schaeffler in 2001, where he was appointed to the Management Board with responsibility for technical product development.
  • In 2011, when Schaeffler changed its legal name to Schaeffler AG, he was appointed Chief Research & Development Officer.
  • In June 2014 Prof. Dr.-Ing Peter Gutzmer was appointed Chief Technology Officer and Deputy CEO of Schaeffler AG.