Schaeffler Wins Supplier of the Year Award from NEXUS Automotive International

Schaeffler has won the Supplier of the Year award from NEXUS Automotive International. NEXUS Automotive International is a worldwide organization of the top distributors of automotive aftermarket parts. Michael Söding, CEO Automotive Aftermarket, Schaeffler AG, and senior executives from Schaeffler Automotive Aftermarket received the award on the company’s behalf at an award ceremony that was held during the NEXUS Business Forum on 5 March, 2019 in Abu Dhabi, United Arab Emirates. The award recognized the longstanding collaboration that NEXUS enjoyed with the Automotive Aftermarket division of Schaeffler since NEXUS was set up five years ago.

Commenting on the accolade, Söding said that Schaeffler has been keeping tabs the dynamic growth that NEXUS has experienced year after year due to its ambitious future orientation and global positioning. NEXUS has regional teams on all continents, including emerging markets and he expressed Schaeffler’s pride in having been a part of NEXUS’s success story right from the beginning. Söding concluded by saying that the award would motivate the Schaeffler team to further expand the company’s collaboration with NEXUS and to explore the possibility of collaborating on potential business areas.

The international trading group NEXUS Automotive International was set up in 2014 and is based in Geneva, Switzerland. In 2018, the company achieved global sales of 18 billion euros. Currently, NEXUS comprises over 135 shareholders and members who represent over 1,500 companies spread across 128 countries on five continents. Nexus celebrated its fifth anniversary during its Business Forum that was held on 5 March, 2019 in Abu Dhabi.