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Schaeffler Divests Turbocharger Business in China

Summary by onetz.de
After the merger with Vitesco, the Franconian industrial group has cleared its portfolio. The business with humanoid robots is to provide new impetus.
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After the merger with Vitesco, the Franconian industrial group has cleared its portfolio. The business with humanoid robots is to provide new impetus.

Job cuts, a software upgrade, and exchange rate fluctuations are impacting the automotive supplier's results. However, progress is being made in the restructuring efforts at Vitesco.

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manager magazin broke the news in on Tuesday, November 4, 2025.
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