Schaeffler Selected for VW FAST Program - Tire Review Magazine

Schaeffler Selected for VW FAST Program

Schaeffler has been has been selected as one of 60 partners to participate in Volkswagen’s Future Automotive Supply Tracks program.

Schaeffler has been has been selected as one of 60 partners to be involved in Volkswagen’s Future Automotive Supply Tracks (FAST) program out of a pool of 4,000 suppliers. Criteria for evaluation included strategic relevance, performance and innovative strength. The company is known for supplying precision components and systems for engines, transmissions, and chassis as well as rolling and plain bearing solutions.

The FAST program creates a framework to ensure that, together, both companies work closely together to face the challenge of increasingly complex technologies and faster innovation cycles while developing collaborative solutions. Volkswagen uses this initiative to ensure its most important suppliers are involved in a strategic dialog at an early stage according to the company.

According to the company, Schaeffler has partnered with VW over the years on many projects in the areas of engine, transmission and chassis systems. Schaeffler began carrying out basic research into hybridization and electric mobility years ago and now has an accordingly extensive product range with comprehensive system solutions. The range extends from 48-volt hybrid modules through to powerful high-voltage drive concepts, such as electric drive axles.

“We are proud to be part of this select circle”, says Matthias Zink, CEO automotive of Schaeffler AG. “This is confirmation for Schaeffler that it is optimally positioned in terms of the automotive future and increasingly complex drive architectures.”

You May Also Like

Yokohama Rubber commits to SBTi validation for sustainable targets

This commitment letter pledges to set and submit targets that are aligned with the SBTi’s target-setting criteria within two years.

Yokohama-greenhouse-gasses-stock-

The Yokohama Rubber Co. submitted a commitment letter to the Science Based Targets Initiative (SBTi), the first step in gaining validation of science-based targets (SBTs) for greenhouse gas emission reductions that are scientifically consistent with standards established by the Paris Agreement.

This commitment letter pledges to set and submit targets that are aligned with the SBTi’s target-setting criteria within two years, Yokohama said. Companies are asked to set SBTs that target reducing emissions related to all of a company’s business activities, including direct emissions from their own operations as well as indirect emissions caused by other companies and customers.

Michelin sees steady sales volume in 2023 YOY, increases NA market sales

The company said sales for the year amounted to approx. $30.6 billion, down a slight 0.9% from 2022.

Michelin-Magog
Double Coin to participate in this year’s TMC trade show

Double Coin will showcase its EPA Smartway-verified truck tires including the FR610 steer, FD405 drive and the FT115 trailer position tires.

Double-Coin_TMC-1400
SRNA promotes director of product planning for Falken PLT tires

With more than two decades of experience in the tire industry, TJ Johnson is now coming up on eight years with SRNA.

Tsuyoshi-Johnson-SRNA
Ascenso Tires North America finds new president

Thomas Clark brings with him a three-decade-long career, marked by progressive responsibilities at companies such as Michelin and Carlstar Group.

Ascenso-Thomas-Clark

Other Posts

Turbo Wholesale Tires partners with LA Rams’s Kyren Williams

The All-Pro NFL running back will appear in promotional print and social media campaigns for Turbo Wholesale Tires.

turboCombo
VIP Tires & Service donates $275,000 to Make-A-Wish in 2023

Last year’s donation brings VIP’s total contribution to Make-A-Wish in recent years to over $1.275 million.

MAW-VIP-Tires-1400
Wes Samperio named Dunlop Motorcycle Tires’ product planning manager

Samperio has held several positions throughout his eleven years with SRNA, from warehouse operations to customer service to sales.

wes-samperio-dunlop-motorcycle-tires
SRNA names national sales manager (West) for commercial truck tires

Sam Williams has been with SRNA since 2016, most recently working as a senior strategic account manager.

Sam-Williams-SRNA-1400