With its value analyses, the company has contributed to the continuous improvement of products, also in terms of costs, qualifying for the supplier award by Toyota. In its justification of the award, Toyota particularly emphasised the success achieved in the product segment hydraulic valve lash adjustment elements. This is the first time that a gold award was presented in this category.

“The award shows the company’s experience and understanding in vertical integration, contributing to the quality of our analyses,” said Peter Pleus, CEO Automotive at Schaeffler AG, who personally accepted the prize for the company.

In the award ceremony that was held during the annual business meeting, Mr Pleus expressed his special gratitude to all the employees who made the award possible through their expertise and commitment. “We are very proud to receive this award as a supplier and partner for Toyota.”