All Schaeffler articles
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ArticleWLTP hits tier suppliers’ bottom lines
Two more tier suppliers have attributed declining financial performance to a drop-off in vehicle sales caused by the introduction of the Worldwide Harmonised Light Vehicle Test Procedure (WLTP) for emissions standards in Europe.Michigan, US-based aluminium wheel manufacturer Superior Industries International has put a third-quarter loss down to the effects of ...
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ArticleSchaeffler and Michelin announce UK plant closures
Automotive parts suppliers Schaeffler and Michelin have both announced they are scaling back their UK manufacturing operations – the former citing Brexit uncertainty as one of the reasons and the latter blaming the move on changing markets and cheap competition.German firm Schaeffler is closing its 220-employee factory at Llanelli, in ...
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ArticleWLTP hits sales and profits in Germany
Carmaker VW Group and parts supplier Schaeffler have both put weaker third-quarter financial performance down to the effects of the new Worldwide Harmonised Light Vehicle Test Procedure (WLTP).As manufacturers have phased out older passenger car models in advance of the more stringent emissions testing procedure coming into effect on September ...
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ArticleNeovia to manage Schaeffler’s aftermarket kitting facility in Germany
Automotive component supplier Schaeffler is investing €180m ($212m) in a 40,000 sq.m assembly and packaging centre in Halle, Germany, to support its aftermarket spare parts business.Once operational in 2019, it will be managed by third-party logistics provider, Neovia Logistics. Neovia will pick, pack and dispatch 40,000 different parts and components ...
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ArticleSchaeffler sets up separate aftermarket division
Component supplier Schaeffler is splitting its automotive aftermarket business into a separate division to cope with increased demand, following what it called a “prolonged period of growth”.From January 1st, the newly created Automotive Aftermarket division will sit alongside the established Automotive OEM and Industrial divisions.“These steps will allow us to ...
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ArticleZhu moves to new role at Schaeffler Greater China
Rui (Richard) Zhu has moved from his role as senior director of supply chain at Chery Jaguar Land Rover (CJLR) to take up a new position (effective June 16th) at the China division of tier one engine and drivetrain parts supplier, Schaeffler, as vice president of logistics.Zhu was at the ...