Sensata Technologies’ Post

Tomorrow marks a significant milestone as Vitesco Technologies officially merges with Schaeffler. Together, we are combining the strengths of two leading Tier 1 automotive suppliers to drive the future of mobility. Change is not always easy, but sometimes it is necessary to create something even better—for our industry, for our customers, and society. As we turn the page and start this exciting new chapter with Schaeffler, our combined expertise, resources, and passion will enable us to pioneer motion. Together, we are more equipped than ever to revolutionize how the world moves—driven by purpose, powered by collaboration, and focused on sustainable progress. As I sign off from Vitesco Technologies and sign into Schaeffler, I look forward to the limitless possibilities this new chapter brings. Together, we will drive the future of mobility! #FutureOfMobility #AutomotiveInnovation #Electrification #Sustainability #NewBeginnings #WePioneerMotion #StrongerTogether #WeAreSchaeffler

Chapter 3: From Continental to Vitesco Technologies, and now Schaeffler. From orange, to yellow, to green. From when I started in 2018 to today, our journey continues. Now, we embark on the next chapter: The Schaeffler Journey. While the names and colors may have changed, our core remains unchanged. Our mission stands firm—to be a leading Tier 1 Automotive Supplier in the clean energy space. Our commitment to being an employer of choice persists. We are not just stronger; we are #strongertogether.

The future of motion technology will also be shaped by Digitalization - be it through powerful digital tools for our engineers, embedded software as part of our smart products or intelligent evaluation of the data collected during using them Schaeffler is shaping the future of mobility and thanks to Digitalization we can unlock further potential - love it 💚

Strong numbers for 2023 – achieved by a strong Rexroth team   Just published our 2023 annual figures. In a nutshell: again strong growth, primarily driven by our most recent acquisitions (HydraForce Inc. and Elmo Motion Control). Sales rose by 7.5 percent to a new high of around 7.6 billion euros. The decline in incoming orders due to the economic downturn in our major markets certainly did not get us down: We continued to pursue our long-term growth strategy of investing in innovation – like battery recycling solutions (which got us another Hermes Award nomination already) or hydrogen technology – in our global production network, and in regional or sales partnerships. And we expect growth to return this year.   What makes me particularly proud is that despite challenging times, our customers are more satisfied than ever: With an NPS of 56.7, they ranked us “great” overall. Thank you, customers! And it’s impressive to see how our global Bosch Rexroth team has successfully mastered the balancing act between high capacity utilization and declining order intake. Even in challenging times, we can rely on our strong corporate culture which is geared to the success of our customers (WE MOVE. YOU WIN) and of our company (we move to win+). This shows the true strength of Bosch Rexroth!   Now, we’re already looking forward to welcoming customers and interested parties to HANNOVER MESSE from April 22 to 26. See us at hall 6, booth D26.   Find the highlight figures and details in our press release: https://lnkd.in/eQ74w33y

🔋 PLENARY KEYNOTE 🔋: How GM Is Driving Battery Development and Enabling an All-EV Future with Kurt Kelty from General Motors. GM has established a foundation to accelerate the investment in and development of battery technology with a robust supply chain to support its growth over the next decade. In this talk, Kurt will discuss GM’s strategies for investing in new technologies and how its in-house capabilities enhance those efforts, with an overview and rationale behind key investments made to date. He will also provide insights on the company’s approach and significant milestones moving forward. https://lnkd.in/exCe_cmg #AABC

Digital transformation is a key enabler of growth and innovation in the aftermarket industry. Check out the latest edition of Schaeffler’s video series #MeetTheBoard - today with Jens Schüler, CEO Automotive Aftermarket, where he gives insights, what Digitalization means to him. #AutomotiveAftermarket

From mobility products to consumer goods, our associates continue to build solutions that are "Invented for life." In this video message, Bosch in North America President Mike Mansuetti discusses the company’s continued profitable growth in the region and explains why Bosch is investing in technologies that are shaping the future. More at: https://lnkd.in/gx9iRt8Z 

Check out our latest report, Automotive M&A Trends, by David Evans , for his valuable analysis of the sector’s performance in the past year and its implications for 2024. #Automotive #MergersAquisitions #AlvarezandMarsal

Germany's Automotive Industry in 2024.. Despite negative outlook in the media, there is still a large amount of investment ongoing. VDA president, Hildegard Müller has mentioned that between 2024 and 2028, manufacturers and suppliers in the German automotive industry will invest around €280 billion in research and development worldwide. What proportion of this investment do you think will be in IT?