Schaeffler CEO on 2020 Targets, Job Cuts, Auto Sector, Brexit

The transcript discusses a company's achievements and challenges, particularly in the automotive sector. It highlights the company's growth, margin, and cash flow achievements, while addressing challenges in Europe and China. Strategies for efficiency and portfolio optimization are outlined, along with preparations for market turbulence and external factors like US-EU tariffs and Brexit. The company is cautious with its outlook and is taking steps to adapt to a difficult environment.

What is the significance of the discussions between the US and EU regarding auto tariffs?

What preparations has the company made in response to Brexit?

What uncertainties does the company face in the current market environment?