Growth in the future will be driven both by the growth regions − Asia Pacific, the Americas, and central and eastern Europe − and by technological solutions for environmental and climate protection. For our business, this means we shall continue to push forward with our innovation strategy. As a company active in the field of energy conversion, ecological globalization is something that poses a particular challenge to our innovative strength.
Despite all the opportunities offered by the growth regions, it is crucial for us to withstand the increasing competitive pressures originating above all in the emerging markets. These new markets, which include the fast-growing market for low-price vehicles, are writing new rules. We must think lean when responding to the demands of our customers. There, we are confronted not only with ecological globalization, but also with the need to come up with ultra cost-efficient solutions.