Bosch auto division exec Scheider expects flat Europe market until 2020

Robert Bosch aims to achieve an 8 percent return on sales in its automotive division within two years, says Wolf-Henning Scheider, who has overall responsibility for the unit. He is confident about reaching this goal even though he sees little improvement for the European market during the rest of the decade. Scheider talked about the supplier's future with Automobilwoche Editor Guido Reinking and Reporter Matthias Krust. Automobilwoche is a sister publication of Automotive News Europe.