Schaeffler says Jan.–Sept. 2024 Vehicle Lifetime Solutions revenue at €1.953 billion, up 16.1% YOY

The increase was primarily a result of the considerable growth in Independent Aftermarket business in Europe and the Americas

The Schaeffler Group announced that its Vehicle Lifetime Solutions (VLS) division reported revenue of €1.953 billion at constant currency in the first nine months of 2024, up 16.1% from €1.710 billion in the same time frame of 2023, according to a press release dated Nov. 5.