Schaeffler AG (SCAFF) Price

Schaeffler AG is a DE-based company operating in Automobile Components industry. The company is headquartered in Herzogenaurach, Bayern and currently employs 83,793 full-time employees. The company went IPO on 2015-10-09. Schaeffler AG is a Germany-based company primarily engaged in the manufacture of automotive parts. The Company’s activities are divided into three segments: Automotive Technologies (AT), Automotive aftermarket and Industrial. The AT has four business divisions (BD): E-mobility and chassis BD develops and manufactures mechanical and mechatronic, electrical components and systems for powertrains, offers solutions for hybrid and all electrical vehicles, for steering and other chassis applications respectively ; Engine & transmission systems BD produces and develops components and sub systems for engine and transmission applications in passenger and commercial vehicles; bearings BD provides rolling bearing applications and products; Automotive aftermarket is responsible for spare parts, repair and maintenance for engines, transmissions, and others. Industrial segment is for rotary and linear bearing solutions and for sensor-based condition monitoring systems along with hydrogen solutions.