Press releases worldwide
The Supervisory Board of Schaeffler AG has appointed Claus Bauer (55) to the Board of Managing Directors of Schaeffler AG as Chief Financial Officer (CFO), responsible for Finance & Information Technology, effective September 1, 2021, under a two-year contract. Claus Bauer […]
Schaeffler Hubs for Advanced Research (SHARE) successfully link industry and leading universities SHARE at The Ohio State University, Columbus (USA) completes Schaeffler’s global presence as research partner New research focusing on solid-state batteries and fuel cell technology As an innovation […]
Space Drive 3 Add-ON: next-generation steer-by-wire technology supports simplified integration into existing vehicle architectures and reaches maturity for commercialization Schaeffler handwheel actuator (HWA) replaces conventional steering wheel and mechanical steering column with mechatronic actuators, opening up new possibilities for […]
Components and systems from Schaeffler electrify the powertrain and enable sustainable mobility New releases: Schaeffler 800-volt power electronics and thermal management system increase the range of electric vehicles Highly efficient 3-in-1 electric axle combines electric motor, transmission, and power electronics […]
Strong revenue growth of 27.4 percent at constant currency in H1/2021, all divisions growing across all regions Strong operating earnings (EBIT before special items) of 722 million euros (prior year: 54 million euros) with strong EBIT margin before special items of 10.3 percent driven […]
Acquisition expands Schaeffler’s range of rolling bearing mounting and dismounting products 100 percent shareholding acquired by share purchase agreement signed on July 28, 2021 A key step in the expansion of Schaeffler’s service business under its “Roadmap 2025” strategy Schaeffler […]
Automation is driving demand for integrated system solutions Users are increasingly moving to machine tools that integrate multiple machining technologies Digitalization improves machine uptime and boosts the efficiency of production processes Global automotive and industrial supplier Schaeffler will be showcasing […]
Audi, BMW, Mercedes-AMG: Steer-by-wire technology Space Drive installed in three DTM race cars Matthias Zink: “Using the technology under extreme conditions proves its maturity and brings the development a step closer to large-scale production.” Steering without a steering column: Space […]
. Schaeffler strengthens Chassis Systems business division for a sustainable and successful future Viktor Molnar will drive the expansion of chassis mechatronics Two prominent volume-production nominations acquired for intelligent mechatronic rear axle steering system Viktor Molnar (45) will assume the […]
Considerable recovery of Automotive Technologies and rapid growth in China drive up group revenue by 11.2 percent at constant currency Economies of scale result in extraordinarily strong EBIT margin before special items of 11.3 percent (prior year: 6.5 percent) Free cash flow before […]