Schaeffler Group (INA-Holding Schaeffler KG)

Jens Schuler to be new Schaeffler Aftermarket CEO from January, 2022

Schaeffler's supervisory board has agreed the appointment of Jens Schüler as the new CEO of the Automotive Aftermarket division with…

Schaeffler becomes Startup Autobahn anchor partner

Schaeffler says it is a new anchor partner to the Stuttgart-based Startup Autobahn innovation platform. The platform teams established companies and…

Schaeffler ploughs EUR80m into Germany laboratory complex

Schaeffler is investing around EUR80m (US$97.3m) in a new central laboratory complex in Herzogenaurach as part of the company's Roadmap…

Schaeffler starts mass production of electric motors

Schaeffler has started production of electric motors. "We have successfully transformed ourselves into a drive system supplier for sustainable electric…

Schaeffler UK wins IAAF award

Schaeffler UK has secured The Independent Automotive Aftermarket Federation (IAAF)'s 2020 Outstanding Supplier award for its efforts to stimulate the…

Schaeffler to cut 4,400 jobs

Schaeffler is cut its net workforce by 4,400 in Germany and Europe by the end of 2022 focusing mainly on…

UPDATED – Daily automotive coronavirus briefing FREE TO READ

A daily update of news and views on the COVID-19 coronavirus crisis and its impact on the automotive sector Live…

Schaeffler records H1 revenue down to EUR5.57bn

Schaeffler has posted first-half revenue down to EUR5.57bn (US$6.55bn), from EUR7.23bn the previous year. As a result of lower demand…

Schaeffler appoints Klaus Patzak as CFO

Schaeffler has appointed Klaus Patzak as a member of the board of managing directors and CFO, effective 1 August, 2020.…

Schaeffler appoints Klaus Patzak as CFO

Schaeffler has appointed Klaus Patzak as CFO and as a board member of the managing directors, effective 1 August, 2020. Patzak will assume the position…