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German supplier Schaeffler, whose FAG bearings are used by North American automakers to improve fuel economy, has replaced Juergen Geissinger as CEO in a strategy shift.
The Schaeffler Group was formed in 2003 when ball bearing maker FAG joined forces with automotive supply companies INA and LuK. In 2019, Schaeffler generated sales of approximately €14.4 billion.
FAG Bearings India Ltd: The process of changing the company’s name was completed after the required regulatory and subsequent shareholder approvals were obtained.
FAG Bearings India, an industrial and automotive bearings manufacturer, has changed its name to Schaeffler India.
These solutions are offered under established brands like INA, FAG, LuK, Schaeffler TruPower, and the service brand REPXPERT. Schaeffler aims to position itself as the ideal partner for the ...
With four manufacturing facilities and 11 sales offices, Schaeffler has a sizable presence in India thanks to the three well-known product names FAG, INA, and LuK.
Mumbai: Domestic arm of German automotive and industrial major Schaeffler (formerly FAG Bearings India) on Wednesday announced merger of its two arms—INA Bearings and LuK India—to improve cost ...
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