Schaeffler Automotive Aftermarket business upgraded to autonomous division

Schaeffler Group to comprise of three separate divisions from 1 January 2018

Schaeffler Automotive Aftermarket business upgraded to autonomous division
Michael Söding was newly appointed to the board of managing directors.

Schaeffler AG has announced that its Automotive Aftermarket business will be upgraded to full divisional status following a prolonged period of growth.

Effective from the 1 January 2018, the Schaeffler Group will comprise of three separate divisions, Automotive OEM, Industrial and the newly-created Automotive Aftermarket (AAM), which will be run autonomously within Schaeffler from its headquarters in Langen, Germany.

The move has led to the internal appointment of Michael Söding to the board of managing directors, who has been the president of the Automotive Aftermarket business unit since 2009.

As an autonomous division within Schaeffler, AAM will be given more momentum to proceed with necessary improvements and changes faster and more effectively – for the benefit of its customers, including those in the UK.

Greater efficiency

Schaeffler UK managing director, Nigel Morgan, explained: “We will remain an ambitious and reliable partner to the UK Aftermarket, but this improved position within the Schaeffler group will allow us to become more efficient at developing and delivering our fantastic range of LuK, INA, FAG and Ruville repair solutions, all backed-up by the unrivalled levels of service that our customers have come to expect.”

Chief executive officer of Schaeffler AG, Klaus Rosenfeld, added: “The decisions taken by our supervisory board underline the ambitions we have in shaping the future of Schaeffler Group in an ever-evolving and competitive marketplace.

“These steps will allow us to strengthen our global automotive aftermarket business, simplifying our structures and enabling faster decisions.”

For further information about Schaeffler, click ‘more details’ below.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>


The reCAPTCHA verification period has expired. Please reload the page.

Have your say!

0 0

Lost Password

Please enter your username or email address. You will receive a link to create a new password via email.