Schaeffler Shows New Vehicle Concept and Technologies at Detroit Symposium

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Sep 06, 2018, 09:13 ET

DETROIT, Sept. 6, 2018 /PRNewswire/ -- What moves us? What guides us? What drives us? These are the overarching questions being addressed during the 11th Schaeffler Symposium held today at the Motor City Casino Hotel in Detroit.

During the symposium, the global automotive and industrial supplier is presenting its technologies for future mobility, including components and system solutions for optimizing internal combustion engine powertrains, the electrification of hybrid vehicles and electric vehicles, and a new vehicle concept called the "Schaeffler Mover. More than 300 automotive professionals from automakers and suppliers plan to attend.

"Today's auto industry is transforming into a mobility industry," said Jeff Hemphill, CTO, Schaeffler Americas. "Tightening global regulations, new mobility business models and rapidly evolving technologies make designing a vehicle technology portfolio as exciting as it is challenging. This year's Symposium is the ideal forum to connect with our automaker customers during this exciting point in automotive history."

Schaeffler keeps customers informed of its comprehensive portfolio of technologies and future concepts by hosting its Symposium every four years. The 2018 event, developed as a forum for collaboration and partnership, is a full day of information sharing about 'mobility for tomorrow' topics that will be supplemented by parallel sessions focusing on transmission, engine, eMobility and chassis technology.

Session highlights include discussions about: new benefits from UniAir and cam phasing systems; Schaeffler's new eMobility systems, such as the P2 hybrid module with an integrated torque convertor; and its "Schaeffer Mover."

A new urban vehicle concept, the "Schaeffler Mover" offers a flexible and emission-free platform for a range of different vehicle concepts. All the drive and chassis components are integrated in one unit, called the "Schaeffler Intelligent Corner Module," to save space and enable vehicle maneuverability and passenger comfort. This concept is Schaeffler's answer to mobility requirements in growing metropolitan areas.

The Schaeffler Symposium has its roots in the decades-old tradition of sharing advancements and technology during symposiums held every four years in Germany, North America and Asia. This year's Detroit event builds on the 11^th Global Symposium, held in Baden-Baden, Germany this April, including new developments focused on the North American market.

About Schaeffler
The Schaeffler Group is a global automotive and industrial supplier. Top quality, outstanding technology, and exceptionally innovative spirit form the basis for the continued success of the company. By delivering high-precision components and systems in engine, transmission, and chassis applications, as well as rolling and plain bearing solutions for a large number of industrial applications, the Schaeffler Group is already shaping "Mobility for tomorrow" to a significant degree. The technology company generated sales of approximately EUR 14 billion in 2017. With more than 92,000 employees, Schaeffler is one of the world's largest family companies and, with approximately 170 locations in over 50 countries, has a worldwide network of manufacturing locations, research and development facilities, and sales companies.

Schaeffler is a recognized development partner for global automakers and suppliers. To serve the North American automotive market, Schaeffler operates development centers in: Troy, Mich.; Fort Mill, S.C.; Wooster, Ohio; and Puebla, Mexico. The company's 600 North American engineers and technicians, who are supported by a team of more than 6,700 global R&D engineers, drive development in the region by utilizing state-of-the-art test and measurement equipment, computational tools and CAD systems. Schaeffler Automotive has headquarters in Fort Mill and manufacturing facilities in: South Carolina; Missouri; Ohio; Ontario, Canada; Puebla and Irapuato, Mexico. For more information, please visit www.schaeffler.us.