April 17, 2025, Fort Mill, S.C. — Schaeffler was named a 2025 Automotive News PACE Award winner at the awards ceremony on April 15. The award recognizes automotive suppliers for superior innovation, technological advancement and business performance. Schaeffler was recognized for its High Efficiency Rear Wheel Steering System, which improves maneuverability and provides better integration, efficiency and performance as it enhances the turning ra…