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Schaeffler CEO Says Automotive Margin Target is Conservative

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November 18, 2020

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Nov.18 -- Schaeffler CEO Klaus Rosenfeld said that the company's target for a 4-6 percent margin in its automotive business are conservative. "We are 150% committed to overachieve these targets if possible," he said. He was speaking to Alix Steel and Guy Johnson, on the company's Capital Markets Day, on Wednesday November 18.

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Schaeffler CEO Klaus RosenfeldAlix SteelGuy JohnsonCapital Markets DayWednesday November

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Schaeffler CEO Says Automotive Margin Target is Conservative · Bloomberg Television · Sentinel