Important events in 2011

Q1

Schaeffler presents a wide range of innovations at NAIAS 2011 in Detroit

Schaeffler presented selected elements of its comprehensive portfolio of products for engine, transmission and chassis applications at the North American International Auto Show (NAIAS) in Detroit. The exhibits demonstrated solutions for optimizing and hybridizing the drive train, a step now also being taken in America.

Schaeffler and Continental hold joint [--break--]  “Premium Supplier Day”

On the occasion of the first joint Premium Supplier Day, Schaeffler and Continental named twelve suppliers [--break--]  “Premium supplier” and strengthened their strategic cooperation at the same time.

Schaeffler reduces debt and creates flexibility for further strategic development

As part of the refinancing package agreed with its lending banks, the group’s parent, Schaeffler Holding reduced its debt by EUR 2.8 billion from EUR 7.4 billion to EUR 4.6 billion. The reduction in debt was made [--break--]  possible by the sale of Continental shares from the [--break--] portfolio of private banks M.M.Warburg and Bankhaus Metzler to a broad range of international investors.

Schaeffler Industrial at HMI 2011

Rolling and plain bearing solutions, linear and direct drive technology, as well as mechatronic components not only for increasing efficiency and conserving resources but also for higher performance and reliability were Schaeffler Industrial’s focus at the 2011 Hanover Fair.

ACTIVeDRIVE – Electric vehicle with active torque distribution

With its ACTIVeDRIVE, Schaeffler presented a concept vehicle for electric mobility which completes its trio of prototype vehicles for the company’s vision of modern automobility.

Schaeffler Industrial at HMI 2011
ACTIVeDRIVE – Electric vehicle with active torque distribution

Q2

Schaeffler emphasizes leadership in innovation

Schaeffler once again proved its innovative strength by filing 1,641 patent applications in 2010, an increase of nearly 10 % compared with the previous year. Schaeffler now ranks 4th in Germany in terms of number of applications.

Award-winning innovation for lower CO2 emissions in motor vehicles

Schaeffler’s lightweight balancer shaft with rolling bearing supports won the PACE Award in the “Product” category. This award, which has been presented annually by Automotive News magazine in cooperation with audit and consulting firm Ernst & Young and the Transportation Research Center (TRC) since 1994, honors outstanding product innovations of automotive suppliers.

Chinese Minister of Science and Technology visits Schaeffler

China’s Minister of Science and Technology, Professor Dr Wan Gang, paid a visit to Schaeffler AG’s headquarters in Herzogenaurach on May 27 during his three- [--break--] day tour of Germany. In addition to activities relating [--break--] to renewable energy, Professor Dr Wan Gang was [--break--] able to gain an insight into the status of Schaeffler’s developments in future-oriented sectors such as electric mobility.

Award-winning innovation for lower CO2 emissions in motor vehicles

Q3

Schaeffler pursues holistic approach to electric mobility

Schaeffler is bundling its numerous activities relating to electric mobility in an eMobility Systems division, pursuing a holistic approach that integrates the expertise of the Automotive division with that of the Industrial division.

Schaeffler presents its broad expertise in efficient mobility at IAA

Schaeffler presented two concept studies at the 2011 IAA under the slogan “efficient future mobility”. The two exhibits called “advanced Drive” and “eSolutions” provided detailed insight into Schaeffler’s extremely varied product range for energy-efficient and forward-looking mobility.

Maria-Elisabeth Schaeffler receives EcoGlobe 2011 award for Personality of the Year

The EcoGlobe Institute of Duisburg-Essen University presented Maria-Elisabeth Schaeffler with the 2011 EcoGlobe for Personality of the Year. The award honored the achievements in business and the cultural and social commitment of Mrs. Schaeffler, shareholder of Schaeffler AG, vice chairperson of the supervisory board of Schaeffler AG and member of the supervisory board of Continental AG.

Schaeffler presents its broad expertise in efficient mobility at IAA

Q4

Schaeffler Audi is 2011 DTM champion

Third place is all Martin Tomczyk needed during the penultimate race of the season in Valencia on October 2. With a 13-point lead, none of the other drivers could catch up with Tomczyk and he became the 2011 DTM champion in Hockenheim in the Schaeffler Audi. Schaeffler can look back on a long tradition in motorsports. The company has successfully sponsored various disciplines in motorsports since the 1980s.

Conversion of Schaeffler GmbH to Schaeffler AG completed

The conversion of Schaeffler GmbH to a stock corporation (Schaeffler AG) authorized in September became effective upon its entry in the Commercial Register on October 13.

Schaeffler officially opens office in Berlin

In the presence of the Federal Minister of Transport, [--break--]  Dr Peter Ramsauer (CSU), and numerous members [--break--] of government, Dr Juergen M. Geissinger, CEO of Schaeffler AG, opened Schaeffler’s new offices in the German capital on October 18. The office in Berlin Mitte, run by Dr Kunibert Schmidt, had already opened for business in May 2011.

Schaeffler at the Tokyo Motor Show

“Efficient future mobility” was the motto of Schaeffler’s appearance at the 2011 Tokyo Motor Show. Schaeffler showed the “advanced Drive” concept study in the [--break--]  Japanese city.

This exhibit provided an insight into Schaeffler’s extremely varied product range for energy-efficient and forward-looking mobility using products for drive trains based on the internal combustion engine.

Schaeffler puts “ Astraios” large-size bearing test rig into operation

After a design and construction phase of less than [--break--]  2 years, Schaeffler officially put the world’s largest and most powerful large-size bearing test rig into operation at its Schweinfurt plant. The test rig enables large-size bearings of up to 15 tons and measuring up to 3.5 meters such as those used in wind power applications in particular to be tested in realistic conditions using a comprehensive simulation program.

Schaeffler Audi is 2011 DTM champion
Schaeffler puts “Astraios” large-size bearing test rig into operation