Schaeffler 

Schaeffler AG, operating through its global network of subsidiaries, engineers and markets high-precision components and integrated systems for both the automotive and industrial sectors. Its operational reach spans Europe, the Americas, China, and the Asia Pacific region. The company's Automotive OEM division is responsible for developing and supplying a broad spectrum of solutions. This includes engine systems, such as advanced rolling bearing solutions, belt and chain drive products, and components for valve trains, including variable valve train systems. For transmission systems, it provides torsion and vibration dampers, various clutches (including double clutch systems), torque converters, components for continuously variable transmissions (CVTs), lightweight differentials, specialized bearing solutions, and synchronizing and gearshift components. Additionally, this division contributes to chassis systems with wheel bearings, steering components, electromechanical actuators for roll stabilizers, and power-assisted steering systems. It is also at the forefront of hybrid and electric vehicle technologies, offering hybrid modules, electric axle drives, and electric wheel hub drives. Its Automotive Aftermarket division caters to the repair and maintenance needs of a wide range of vehicles, including passenger cars, light and heavy commercial vehicles, and tractors, by providing comprehensive repair solutions and supporting services. The Industrial division furnishes an array of components and systems to diverse client segments, encompassing mobility, energy and raw materials, production machinery, aerospace, and general industrial distribution. Schaeffler AG has established a strategic partnership with Fraunhofer-Gesellschaft. The company, founded in 1946 and headquartered in Herzogenaurach, Germany, was originally known as INA Beteiligungsgesellschaft mit beschränkter Haftung before adopting its current name, Schaeffler AG, in October 2014. It operates as a subsidiary of IHO Verwaltungs GmbH.