Coronavirus Is a New Type of Risk, Says Schaeffler CEO

The video discusses the impact of the coronavirus on business, highlighting the company's performance in 2019 and its strategies to cope with the pandemic. It covers self-help measures like travel bans and supply chain management, the effect of event cancellations, and risk management. The video also explores demand expectations in the Chinese auto market and cost-cutting strategies, including the influence of oil and steel prices.

How has the coronavirus impacted business operations according to the speaker?

What is the expected impact on the auto sector in 2020 as mentioned in the text?

What are the self-help measures that the company can implement to protect itself financially?

What measures did the company take in China to cope with the coronavirus situation?

How does the speaker view the potential for recovery in the Chinese auto market?

What are the expectations for car sales in China for March and April according to the speaker?

What is the significance of cost-cutting measures mentioned in the discussion?