In the global auto industry, cooperation on specific projects among automakers is becoming increasingly common.

It is, in fact, a signal of how our industry is evolving to sustain success over the long term – by leveraging size, scale and investments more effectively to create more value.

Thank you, Dr. Zetsche… and good morning, ladies and gentlemen.

The famous German philosopher Georg Hegel once said: “Nothing great in the world has ever been accomplished without passion.”