Schaeffler

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).

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.

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).

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.

Schaeffler at IAA 2019: All lights on green

Tuesday, September 3, 2019 - 7:19pm

The company is using its IAA showcase to present its integrated perspective on the entire mobility-sector energy chain and profile its innovative system solutions.

Key Points: 
  • The company is using its IAA showcase to present its integrated perspective on the entire mobility-sector energy chain and profile its innovative system solutions.
  • At the IAA, Schaeffler is demonstrating how it is supporting automakers in their electric mobility journey with its extensive portfolio of electrification technologies.
  • At the IAA, Schaeffler is addressing this challenge with the latest version of the Schaeffler Mover, a self-driving and highly adaptable development platform that brings together a whole host of new Schaeffler technologies.
  • With more than 2,400 patent applications in 2018, Schaeffler is Germany's second most innovative company according to the DPMA (German Patent and Trademark Office).

Schaeffler Executive to Keynote; Discuss Trends and Industry Changes at Society of Tribologists and Lubrication Engineers Annual Meeting & Exhibition

Thursday, May 16, 2019 - 3:00pm

TROY, Mich., May 16, 2019 /PRNewswire/ -- Addressing key trends, changes and challenges facing today's lubrication industry, Schaeffler with share insight into its technical efforts and expertise at The Society of Tribologists and Lubrication Engineers (STLE) Annual Meeting & Exhibition.

Key Points: 
  • TROY, Mich., May 16, 2019 /PRNewswire/ -- Addressing key trends, changes and challenges facing today's lubrication industry, Schaeffler with share insight into its technical efforts and expertise at The Society of Tribologists and Lubrication Engineers (STLE) Annual Meeting & Exhibition.
  • "Schaeffler is implementing its 'Mobility for tomorrow' strategy through all of our endeavors, including our work with tribology and lubrication," said Hemphill.
  • Key Schaeffler experts or their co-authors from the academia will also present during a number of technical sessions, including the following.
  • The Society of Tribologists and Lubrication Engineers (STLE) Annual Meeting & Exhibitionis the lubricants industry's most respected venue for technical information, professional development and international networking opportunities.

Schaeffler establishes team for the future

Wednesday, March 6, 2019 - 7:06pm

The members are almost exclusively leaders with many years of experience within the Schaeffler Group.

Key Points: 
  • The members are almost exclusively leaders with many years of experience within the Schaeffler Group.
  • He is CEO of Schaeffler India Ltd. today, the only listed subsidiary in the Schaeffler Group and leads the important sub region.
  • Commenting on the reorientation of the Executive Board team, Klaus Rosenfeld, Chief Executive Officer of Schaeffler AG, said: "With the personnel changes announced today, the team for the future is complete.
  • We are taking steps to successfully lead the Schaeffler Group into the future as a global automotive and industrial supplier."

Schaeffler startup to present near-production Bio-Hybrid at CES 2019

Tuesday, December 11, 2018 - 8:35pm

Based on the concept unveiled in 2016, the Schaeffler startup continuously pursed the further development of the Bio-Hybrid.

Key Points: 
  • Based on the concept unveiled in 2016, the Schaeffler startup continuously pursed the further development of the Bio-Hybrid.
  • Schaeffler Bio-Hybrid GmbH headquartered in Nuremberg and Munich is a fully owned subsidiary of the Schaeffler Group.
  • Schaeffler Bio-Hybrid GmbH has the mission to develop the Bio-Hybrid to production level and to launch the vehicle on the market.
  • While operating with the flexibility of a startup, the company has access to the entire technical expertise of the Schaeffler Group.

E-Mobility is the innovation driver for Schaeffler

Friday, December 7, 2018 - 6:54pm

At CES, Schaeffler will showcase exhibits extending from a hybrid module through to the 1,200-hp Schaeffler 4ePerformance concept that demonstrate how fascinating and sustainable electric mobility solutions from Schaeffler can be.

Key Points: 
  • At CES, Schaeffler will showcase exhibits extending from a hybrid module through to the 1,200-hp Schaeffler 4ePerformance concept that demonstrate how fascinating and sustainable electric mobility solutions from Schaeffler can be.
  • By 2020, Schaeffler will have invested more than 500 million euros in research, development and production of electric drive units.
  • Schaeffler has long begun to mass-produce components and system solutions such as e-axles and hybrid modules.
  • In the form of the Schaeffler 4ePerformance concept vehicle, Schaeffler has put a particularly fascinating ambassador of electric mobility on wheels that will be another highlight at Schaeffler's CES booth.

Transformation paves the way for the future

Wednesday, December 5, 2018 - 7:52pm

Schaeffler is in a process of transformation as well in that the current automotive and industrial supplier is now developing proprietary mobility solutions.

Key Points: 
  • Schaeffler is in a process of transformation as well in that the current automotive and industrial supplier is now developing proprietary mobility solutions.
  • At Schaeffler, this transformation takes place as part of "Agenda 4 plus One," a forward-thinking program with which the company is making itself fit for the future, with a special focus on electric mobility, digital transformation and Industry 4.0 (aka Industrial IoT and smart factories).
  • It is hardly wider than a normal bicycle and can be operated with zero emissions on bicycle paths as well.
  • All the drive and suspension components of a wheel are installed in a space-saving unit, the Schaeffler Intelligent Corner Module.