Passenger car and truck manufacturer Volvo has recognised Schaeffler Group as one of its top ten suppliers in 2008 for the supply of wheel bearing units for trucks.
Schaeffler received a 'Best Supplier 2008' Award from Volvo in recognition of the company's excellent quality, delivery accuracy, custom product innovations, cost effectiveness and continuous creative and positive collaboration.
For more than 15 years, Schaeffler has been the sole global supplier of wheel bearing units for front and rear axles to Volvo's truck plants. Most of these wheel bearings are manufactured at Schaeffler's Berndorf plant in Austria.
"We are very proud to receive this recognition," commented Dr. Jûrgen M. Geissinger, President & CEO at Schaeffler Group. "It shows that we are not only among the best bearing manufacturers world-wide, but that we are also able to create added value as a system supplier with expertise in complex technical solutions for engines, transmissions and chassis. To be honoured as Volvo's supplier of the year is recognition and incentive at the same time. We will continue to do everything in our power to develop sophisticated and cost-effective technological system solutions together with our customers."
For more information on Schaeffler's range of automotive engine components, please visit www.schaeffler.co.uk or email [email protected]
The Schaeffler Group is among the innovation leaders in Germany with around 1,250 patent applications annually. With its brands INA, LuK and FAG, it is a renowned supplier to the automotive industry as well as a leading manufacturer of rolling bearings worldwide. Around 66,000 employees generated sales of approximately 8.9 billion euros in 2008. The automotive industry represents around 60 per cent of Schaeffler sales.
The Schaeffler Group is a renowned development partner to the industry with system expertise for the entire drive train. Precision products for engines, transmissions and chassis applications ensure reduced energy consumption and lower emissions as well as increased driving comfort and safety. In addition to classic manual transmissions and automatic transmissions, the Transmission Systems Business Division offers automated manual transmissions, dual-clutch transmissions and CVTs. The range of transmissions for the future is rounded off by applications for alternative drive concepts such as hybrid drives. Schaeffler Automotive Aftermarket supplies distributors and independent workshops with replacement parts and services.
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Schaeffler (UK) Ltd,
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