Mr. Alapont: I would say that the auto industry has been always very challenging. The auto industry has been considered one of the most challenging industries for the last 100 years. But when you run a company like Federal-Mogul, you feel very excited because we have been delivering very strong performance, and we are a global leading company in technology and innovation. Therefore, you enjoy the performance of the work.
TWST: Give us a broad overview of Federal-Mogul.
Mr. Alapont: Federal-Mogul is fundamentally a world-class technological company with a strategy to attain sustainable, global, profitable growth. We focus in core areas in the automotive industry, and we also offer numerous technologies in what we call the energy, industrial and transportation business area. In all cases, we are very strongly driven by leading technology and innovation in energy efficiency, emission reductions and vehicle safety. We have structured our operations in four business units.
Tickers included in this excerpt: FDML
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