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Continental Builds New Plant For Advanced Driver Assistance Systems In US
Continental Expands Existing Capacities In Brazil
Frankfurt Prosecutor Says Investigation Into Mitsubishi Started In November 2019
Continental AG is a Germany-based company engaged in the automotive sector. The Company's segments include Chassis & Safety, Powertrain, Interior, Tires, ContiTech and Other/consolidation. The Chassis & Safety division develops, produces and markets intelligent systems. The Chassis & Safety division develops, produces and markets intelligent systems to improve driving safety and vehicle dynamics. The Powertrain division integrates system solutions for the powertrains in vehicles of all classes. The Interior division provides information management in vehicles, and develops and produces information, communication and network solutions. The Tires division offers safety through short braking distances and grip, as well as reducing fuel consumption. The ContiTech division develops, manufactures and markets products for machine and plant engineering, mining, the automotive industry and other important industries.
Vahrenwalder Strasse 9
Independent Chairman of the Supervisory Board
Chairman of the Executive Board, Chief Executive Officer
Vice Chairman of the Supervisory Board, Employee Representative
Member of the Executive Board for Finance, Controlling, Compliance, Law and IT
Member of the Executive Board, Human Relations, Director of Labor Relations, Sustainability
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German auto supplier Continental on Wednesday said it would pare back its engine manufacturing activities as more stringent emissions rules threaten demand for combustion engine components, resulting in around 5,040 job losses by 2028.
Continental <CONG.DE> said on Tuesday that slower automobile production growth over the next five years had forced the car parts maker to book a 2.5 billion euro ($2.8 billion) impairment.
German auto supplier Continental on Tuesday said it will seek to list its powertrain division Vitesco Technologies without the option of retaining a minority stake.
German automotive supplier Continental AG <CONG.DE> on Wednesday said it would cut jobs and close plants over the next 10 years as it faces a slowing global auto sector.
German automotive supplier Continental AG on Wednesday announced a raft of measures that include job cuts and plant closures following a review of its strategy.
German automotive supplier Continental AG <CONG.DE> aims to decide on measures to improve productivity by the end of the year, CEO Elmar Degenhart said on Tuesday.
Auto supplier Continental <CONG.DE> on Monday said it would prepare a spin-off of its Powertrain division as an alternative to a listing, giving the German company additional options for separating the unit amid worsening market conditions.
Auto supplier Continental on Monday said it would prepare a spin-off of its powertrain division as an alternative to a potential partial listing of the unit.
Continental <CONG.DE> is examining whether to shut plants, including in Germany, as part of its restructuring, a spokesman for the company said on Friday after a newspaper reported that nine plants in its powertrain unit could be closed.
Germany's Continental said on Wednesday it was considering relocating some of its production due to the U.S.-China trade conflict.
* Co to discuss cuts with labour representatives - CEO (Adds more details, quotes)
Continental AG, Europe's largest listed automotive supplier by revenues, said it was seeking to cut costs after its net profit dropped 41% year-on-year in the second quarter.
A slowing auto sector prompted profit warnings from supplier Continental <CONG.DE> and paint systems producer Duerr <DUEG.DE> late on Monday.
Continental AG will push back the spin-off of its powertrain division until next year, the company said on Friday, when it reported a 17 percent drop in first-quarter operating profit, hit by a downturn in car demand and higher investments.
Continental AG said on Friday it was pushing back the spin-off of its powertrain division to next year as it reported a 17 percent drop in first-quarter operating profit, hit by a downturn in car demand and higher investments.
Revenues from autonomous driving will not ramp up until 2030 and beyond, the chief executive of German auto supplier Continental AG said on Thursday.
* Continental says business year had "subdued" start (Adds details on outlook, earnings)
Auto supplier Continental AG's operating profit fell 12 percent last year, hit by a downturn in demand for cars and higher investments, the company said on Thursday, but pledged to press ahead with a listing of its powertrain business despite a subdued start to 2019.
German automotive supplier Continental AG warned of a drop in profitability this year, blaming a downturn in car markets and the industry's costly shift from combustion engines towards electric vehicles.
German automotive supplier Continental AG on Monday forecast falling operating margins in 2019, pointing to changes and volatility in the car industry.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.