Confidence, Technology and Services: Schaeffler Sets Out Strategy for the Chinese Truck Market
Resource from: Schaeffler Group Likes:192
Jun 04,2015
Promising Potential for Commercial Vehicle Upgrades, Cost Saving and Emission Reduction
SHANGHAI, June 4, 2015 /PRNewswire/ -- The Schaeffler Group, the world's leading supplier of integrated automotive and industrial products, is making great progress in the Chinese truck market. Yang Hanbing, President Automotive of Schaeffler Greater China, recently said: "The Schaeffler Group has leading products and solutions in the truck chassis, transmission and engine fields and can become a reliable partner to China's heavy truck and commercial vehicle enterprises."
On May 26, the "Schaeffler–Sinotruk Technology Seminar" was held at the headquarters of China National Heavy Duty Truck Group Co., Ltd. (Sinotruk) in Jinan. The products that Schaeffler brought to the seminar covered the three key areas of the truck chassis (truck wheel hub bearing unit, low-friction tapered roller bearing), transmission system (transmission bearing, damping and clutch products) and engine (variable camshaft phasing system, valve mechanisms and accessory drive). They included many signature products and technologies, such as the 2014 PACE Award-winning centrifugal pendulum absorber technology, truck hub bearing unit which requires no maintenance for one million kilometers, as well as the main reducer bearing for trucks. On May 19, Schaeffler also held the "Schaeffler–Dongfeng Trucks Technology Seminar" in Wuhan.
According to IHS forecasts, the global truck market is expected to grow at a CAGR of 3.1% between 2014 and 2024, with the highest growth in India and Eastern Europe and slightly below average growth in China. However, Schaeffler believes that the Chinese truck market has great upward growth potential, particularly as regards the key factors of fuel consumption, emissions, safety and driving comfort.
As part of its strategic vision "Mobility for tomorrow," Schaeffler is striving to develop lower friction, higher efficiency and lower cost automotive bearing products and future-oriented mechatronic solutions. At the 2015 Shanghai Auto Show, Schaeffler showcased the FAG maintenance-free truck wheel hub bearing unit, which has been marketed for more than ten years in several continents and has a lifespan of over one million kilometers. By means of an optimized raceway, roller and seal ring design, it reduces friction, achieves a fuel saving of 3000 liters over one million kilometers and has been empirically verified by the brand on 6x2 trucks. Similarly, the reduced contact stress, optimized internal design and improved bearing dynamic load of the low-friction commercial vehicle axle main reducer bearing reduce friction by at least 40% compared with existing products, thereby cutting costs.
Schaeffler believes that reducing friction and optimizing costs not only benefits fleet operators, but also helps to reduce society's overall carbon dioxide emissions, eliminating smog and contributing towards improving the environment. Schaeffler has adopted a lightweight design for all of its wheel hub bearings, including the FAG maintenance-free truck hub bearing unit, which can achieve a weight reduction of over 65 kg in 6x4 tractor units and over 40 kg in 8-12 m coaches, thereby lowering emissions and improving fuel economy.
Yang Hanbing, President Automotive of Schaeffler Greater China, said that in the past ten years, Schaeffler has established supply and cooperative relations with Sinotruk, Dongfeng Trucks and other major domestic commercial vehicle companies. A truck wheel hub bearing production line at the Schaeffler Nanjing production base is scheduled to enter operation this year, with an annual output of about 500,000 units. Faced with product and technology upgrades and export demand, Schaeffler is confident of achieving mutually successful partnerships with domestic truck manufacturers by supplying the most advanced, most reliable and most suitable products, solutions, technical support and after-sales service.
Schaeffler Greater China truck team
About Schaeffler
The Schaeffler Group is a leading global integrated automotive and industrial supplier. The company stands for the highest quality, outstanding technology and strong innovative ability. The Schaeffler Group makes a decisive contribution to "mobility for tomorrow" with 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 company generated sales of approximately 12.1 billion Euros in 2014. With more than 82,000 employees worldwide, Schaeffler is one of Europe's largest technology companies in family ownership. It has a worldwide network of manufacturing locations, research and development facilities and sales companies at approximately 170 locations in 50 countries.
About Schaeffler Greater China
Since its investment in China in 1995, Schaeffler Greater China has established a comprehensive customer service system and built up competitive advantages in manufacturing, sales, R&D, aftermarket and technical support. Schaeffler's products are widely used in China's automotive industry and industrial market, contributing added value to customers. Currently, Schaeffler Greater China has around 10,000 employees; one R&D center in Anting, seven plants in Taicang, Suzhou, Yinchuan and Nanjing; and twenty sales offices nationwide including in Beijing, Shanghai, Hong Kong and Taiwan.
Upholding the strategy of "in the region, for the region", Schaeffler Greater China is committed to providing products at the best quality and zero distance services to customers, and contributing to the sustainable development of the Group and society. Website of Schaeffler Greater China: www.schaeffler.cn
(Schaeffler Group)
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