Schaeffler merger with Continental possible in 2011


MUNICH, July 28 (Reuters) - German ball bearings and clutch maker Schaeffler could begin at the end of next year a merger process with Continental AG , the auto parts supplier in which it controls just over 75 percent. "That could be the case," said Schaeffler Chief Executive Juergen Geissinger on Tuesday evening, when asked by reporters. The CEO of the highly-indebted bearings manufacturer said the company could operate thanks to sufficient liquidity and was not hurrying to pay down its ...

Premium Content (PAID Subscription Required)

"Schaeffler merger with Continental possible in 2011" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×