FRANKFURT, Jan 29 (Reuters) - The billionaire owner of German bearing maker Schaeffler rejected speculation she could use her own fortune to bail out the heavily indebted company rather than seek help from German taxpayers. "Our wealth is bound up in the company. We have always invested the profits to grow and develop the company," said Maria-Elisabeth Schaeffler in an interview with German tabloid Bild printed on Thursday. The 67-year-old widow of the company founder is ranked by Forbes ...
Premium Content (PAID Subscription Required)
"Schaeffler owner cannot bail out own company -paper" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.