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Schaeffler Automotive Aftermarket supplies the automotive replacement parts market with spare parts for the drive train, engine and suspension – for all vehicle classes and in genuine OE quality.
Schaeffler AG has remained on its course of success during the third quarter of 2011. Based on the very encouraging development of its business during the first nine months, the company is confident it will meet its targets for the year. Schaeffler AG expects to increase sales by more than 10 percent and its EBIT margin by more than 13 percent in 2011.
Sales for the first nine months 2011 reach €8.1 billion, up 15 percent from prior yearThe transformation of Schaeffler GmbH into a stock corporation (Schaeffler AG) announced by the Supervisory Board in September became effective with the entry in the Commercial Register on October 13.
Schaeffler GmbH is now called Schaeffler AG.The Supervisory Board of Schaeffler GmbH, chaired by Georg F.W. Schaeffler, has agreed to transform the company into a stock corporation (Aktiengesellschaft, AG). All operating companies of the Schaeffler Group comprise the Schaeffler AG. The stock corporation is expected to be entered into the commercial register in October.
Proven team will continue its work under CEO Dr. Jürgen M. GeißingerFrom the first public day on September 17, 2011, the Schaeffler stand will offer visitors the opportunity to participate in the “Schaeffler DTM Experience”. In addition the Aftermarket division, responsible for the global automotive aftermarket business of Schaeffler Group Automotive, will present “live” demonstrations of repair procedures in the adjacent “pit lane” (Hall 5.1, Stand A04).
IAA Public DaysThe new edition of the “INA Overrunning Alternator Pulley” catalog is now available. About 190 pages long, the new catalog contains a total of 220 different products for more than 850 models from over 50 automobile manufacturers worldwide.
The new “INA Overrunning Alternator Pulley” catalog – links to over 4,400 vehicles at a glance.