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Schaeffler Group USA to build manufacturing facility in Dover, creating 650 jobs
The Times-Reporter via Yahoo News· 4 months agoDOVER ‒ Schaeffler Group USA, which provides components for drivetrains in automotive, aerospace and...
Schaeffler's (SCFLF) Bold Bid for Vitesco to Drive E-Mobility
Zacks via Yahoo Finance· 8 months agoSchaeffler (SCFLF) makes a 3.64 billion euro bid for Vitesco, aiming to create a behemoth in...
Under proposal, Dover would share income tax from Schaeffler Group employees with schools
The Times-Reporter via Yahoo News· 4 months agoDOVER ‒ Dover City Council is considering a Tax Incremental Financing (TIF) agreement to assist Schaeffler Group USA to build a manufacturing facility on the north end of Dover, bringing 450 ...
Unexpected company threatens major EV automakers after unveiling ‘next-generation’ solid-state...
The Cool Down via Yahoo News· 5 months agoThere’s a new solid-state battery innovator aiming to make a mark on the fast-growing industry....
Vitesco says new Schaeffler offer for EV merger 'inadequate'
Reuters via Yahoo Finance· 7 months agoGermany's billionaire Schaeffler family holds all voting rights and 75% of shares in its namesake...
Schaeffler completes €1.1 billion bond placement
dpa international via Yahoo News· 5 months agoMotion technology firm Schaeffler on Tuesday announced the placement of corporate bonds with a total volume of €1.1 billion ($1.2 billion) with...
Full-year profit drops for Germany's Schaeffler
dpa international via Yahoo News· 4 months agoFull-year profit fell in 2023 for German industrial and automotive supplier Schaeffler AG compared to 2022, it reported on Tuesday. Schaeffler reported...
Schaeffler Shares Rise After 2024 Outlook Confirmed
The Wall Street Journal· 1 month agoBUSINESS Schaeffler shares rose after the company confirmed its guidance for the year despite a drop in revenue in the first quarter. At 0755 GMT shares...
Auto parts maker Schaeffler India posts rise in Q1 profit on better demand
Reuters via Yahoo Finance· 2 months agoBENGALURU (Reuters) - Auto components maker Schaeffler India on Thursday reported a 3.8% rise in first-quarter profit, boosted by demand in its automotive segment. The Indian unit of Germany's ...
Schaeffler's India unit Q2 profit rises on robust demand
Reuters via Yahoo Finance· 8 months agoAuto components maker Schaeffler India reported an 8% rise in second-quarter profit on Friday, led by the demand for automotive products amid a nascent recovery in rural demand. Standalone profit ...