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For Immediate Release

Megan Hastings

Schaeffler Group USA, Inc. Receives Inaugural Lone Star Award at Alliance Group Shareholder's Meeting

VALLEY CITY, OH (December 15, 2011) – The Schaeffler Group USA, Inc. was presented the inaugural Lone Star Award at the recently held Alliance Group Shareholder's meeting in Ft. Lauderdale, FL. The Schaeffler Group supplies LuK RepSet® clutch kits, clutch hydraulics, and flywheels to the more than 2,300 affiliated Auto Value/Bumper to Bumper parts stores across the U.S. and Canada.

The award, which was voted on by the Alliance Group headquarters was presented by John Washbish, President and CEO of the Alliance Group and Fotios Katsardis President and CEO of Temot International, the largest shareholder in the Alliance Group and one of the largest automotive aftermarket program groups in Europe. Washbish praised the Schaeffler group during the presentation commenting, "The folks from LuK clutch have done a tremendous job of designing a plan to grow our shareholders clutch business and have executed the plan as they said they would. Their communication to our shareholders and group headquarters is outstanding, and the fact that they hosted our Alliance Group Service Dealer council at their facility has gone a long way to help demonstrate their commitment to quality and training."

Bill Hanvey; Vice President of Sales and Marketing, Mike Bland; Account Executive, and Nasir Masoud; Account Executive received the award on behalf of all the employees at the Schaeffler Group USA. Hanvey said of the award, "We are thrilled to have been recognized by the Alliance Group for this prestigious award. Everyone in our building contributed to the success we have had with the Alliance Group headquarters and their shareholders and we look forward to continually improving upon what we have built thus far."

About Aftermarket Auto Parts Alliance, Inc.
Auto Value and Bumper to Bumper are part of Aftermarket Auto Parts Alliance, a premier automotive parts distribution group serving independent warehouse distributors across North America and Europe. As the source for quality parts and service for over 2,300 parts stores and almost 2,900 certified service centers, the Alliance prides itself on responding to the individual automotive needs of each customer and providing proven, quality service.

About Schaeffler Group USA, Inc.
Schaeffler Group USA, Inc. is a leading partner to the automotive replacement parts markets in North America. The group, which includes the LuK, INA, and FAG brands, offers a broad range of technologies for engine, transmission, and chassis applications.

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