Schaeffler sells mainland Chinese turbocharger business to Xiling

News
Corporate developments

Schaeffler says its turbocharger business in mainland China, with revenue of approximately €100 million (2024) and around 50 employees, is in decline.

Schaeffler AG has decided to sell its mainland Chinese turbocharger business, which is experiencing a downturn, to Chengdu Xiling Power Science & Technology Incorporated Co., a mainland China-based firm involved in turbocharger technology. 

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