Automotive and industrial suppliers
Schaeffler focuses on e-mobility: Challenges despite growth
Schaeffler records record e-mobility orders in the first quarter of 2025, but remains in the red despite growth of 7.8 percent in the electric business. The acquisition of Vitesco strengthens the market position, but challenges remain, especially in the USA.
Herzogenaurach (dpa/lby) - The Franconian automotive and industrial supplier Schaeffler sees a clear upswing for electromobility. "There are positive signs that something is happening," Schaeffler CEO Klaus Rosenberg told the Deutsche Presse-Agentur. In the first quarter, Schaeffler received orders worth three billion euros in this sector. This is a record, but it is also the first quarter after the merger with e-drive specialist Vitesco.
E-mobility still brings losses
The company is well on track to achieve the forecast for the full year in this division. However, the forecast still envisages losses. In the first quarter, the electrical business grew by 7.8 percent to 1.174 billion euros, with a loss of 268 million euros before taxes, interest and special effects.
Overall, Schaeffler's revenue in the first quarter fell by 3.5 percent year-on-year to 5.9 billion euros. Earnings before interest, taxes and special items fell from 287 million euros in the prior-year quarter to 276 million euros. "The environment in which we operate remains risky and confusing," said Rosenfeld.
Less dependence on China
The takeover of Vitesco has made the company less dependent on the Chinese market, he emphasized. The situation in the USA continues to cause headaches. "We have to cushion the tariffs. We will do this with a sense of proportion." Schaeffler is one of the ten largest automotive suppliers in the world. The company employs more than 113,000 people worldwide.
You might also be interested in
Start to the year without a recovery signal
Aluminum industry under further pressure in 2026
The German aluminum industry starts 2026 without a recovery signal: production, recycling and semi-finished products remain under pressure. Which segments are particularly affected and why the industry does not expect a quick turnaround.
read more...German Business Hopes for a Easing of Tensions
The German economy is showing signs of a cautious recovery. The ifo Business Climate Index rose to 85.6 points in June 2026. Companies are assessing the current situation and their expectations somewhat more positively, but remain largely cautious.
read more...HIMA Is Growing Despite Challenging Markets
The HIMA Group will increase its revenue to 190.5 million euros in 2025. International business, digitalization, and partnerships are driving this growth.
read more...Machine Tool Manufacturing Offers Hope
New orders are rising significantly again for the first time
New orders in the machine tool industry are rising significantly again for the first time. However, production, exports, and employment continue to decline.
read more...Thousands of Jobs Under Scrutiny
Evonik's Mass Layoffs: A Warning Sign for the Chemical Industry?
Evonik is restructuring the group and downsizing: The Essen-based specialty chemicals company is cutting thousands of jobs. But there is more to these job cuts than just a cost-cutting program.
read more...Accelerate the Expansion of Electric Mobility
Rittal and EcoG Expand Partnership for Charging Infrastructure
Rittal and EcoG are expanding their collaboration. The focus is on modular charging infrastructure for electric truck depots and integration into energy systems.
read more...International Federation of Robotics
U.S. Robotics Industry Sees Double-Digit Growth
In the U.S., sales of industrial robots rose by 11% compared to the previous year: 38,000 units were newly installed in 2025. This significant recovery is driven by robust growth in the food industry and other non-manufacturing sectors. However, the...
read more...Increased revenue and expanded production capacity
The Fraba Group, a manufacturer of sensors for industrial motion control, looks back on a successful 2025, a year in which both revenue and the number of employees increased.
read more...Integration Meets Reality
OT meets IT – the two worlds are meant to converge, data is meant to flow, and production is meant to become smart. Yet the reality in industry often remains stubbornly contradictory: while systems have long been technically interconnected, they...
read more...