Schaeffler CEO Says Automotive Margin Target is Conservative

The video discusses the outcomes of a Capital Markets Day, highlighting a two-pronged strategy for the auto and industrial sectors, focusing on electrification and sustainability. It addresses the challenges posed by reduced demand and the role of government aid in transitioning to new business models. The discussion emphasizes the importance of sustainability as a new norm and the potential for growth in the electrified powertrain sector. The video concludes with a focus on the company's commitment to achieving its targets and the role of innovation in driving sustainability.

What does the speaker suggest is necessary for the auto industry to become a leader in electrification?

How does the speaker perceive the future of combustion engine vehicles in relation to sustainability?

What opportunities does the speaker see for Sheffler in the context of sustainability?