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August 30, 2015 5:12 PM ET

Auto Components

Company Overview of SKF Automotive Division

Company Overview

SKF Automotive Division develops and manufactures bearings, seals, and related products and service solutions. The company’s products include wheel hub bearing units, taper roller bearings, seals, automotive products, and repair kits. It offers its products for car, light truck, heavy truck, bus, and vehicle component industries; vehicle service markets; two-wheelers; household appliances; power tools; and manufacturers of electrical motors. The company is based in Plymouth, Michigan. SKF Automotive Division operates as a subsidiary of SKF AB.

46815 Port Street

Plymouth, MI 48170

United States





Key Executives for SKF Automotive Division

Age: 50
Compensation as of Fiscal Year 2015.

SKF Automotive Division Key Developments

SKF Announces Executive Changes at SKF Automotive

SKF announced that Stephane Le-Mounier has been appointed President of the business area SKF Automotive. Stephane will assume his new role on 1 January 2015 and will be a member of SKF's Group Management and Executive Committee. He succeeds Tryggve Sthen, who is retiring. Stephane joined SKF in 1988 and has held a number of senior positions within both SKF's industrial and automotive businesses. Most recently, he was Director of the Group's aerospace business unit.

SKF Automotive Reports Earnings Results for the First Quarter of 2014

SKF Automotive reported earnings results for the first quarter of 2014. For the quarter, the company reported net sales were SEK 4,462 million against SEK 4,142 million a year ago. Operating profit was SEK 200 million against SEK 142 million a year ago.

SKF Automotive Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013

SKF Automotive announced earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the company reported net sales of SEK 4,319 million against SEK 4,099 million a year ago. Operating profit was SEK 251 million against SEK 158 million a year ago. Profit before tax was SEK 251 million against SEK 158 million a year ago. For the nine months, the company reported net sales of SEK 13,138 million, operating profit of SEK 714 million and profit before tax of SEK 714 million.

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