Continental's plan to restructure around its tire and industrial rubber activities will include divesting the automotive ...
The company is boosting the independence of its Tires and ContiTech sectors as it prepares for the automotive spin-off.
Hanover, Germany – Continental AG expects to start the sale process of ContiTech’s original equipment solutions (OESL) business in the first quarter of 2025, the German group has announced.
Continental will spin off its automotive group business by the end of 2025 as it focuses on its profitable tire and ContiTech ...
German auto-parts manufacturer Continental said it plans to list its automotive unit on the stock exchange in Frankfurt by ...
The spin-off is expected to take place by the end of 2025, and preparations for it are to be completed by the end of the ...
The Continental Executive Board informed the Supervisory Board at a meeting of its plan to spin off the automotive group ...
Continental has approved plans to spin off the company's automotive group sector — which represents nearly half of the firm's ...
The auto supplier posted third-quarter adjusted earnings that beat analyst expectations, sending shares higher, but lowered its 2024 sales guidance after its ContiTech division continued to suffer ...
Continental, stated Setzer, remains “fully focused on spinning off automotive and achieving greater independence for our ...
Germany's Continental said Monday it would sell its automotive components business by the end of 2025 to focus on making tyres and equipment for other sectors, in the latest upheaval for Europe's ...
In related news, Continental's Olaf Schick is stepping down as Executive Board member for Finance, Integrity and Law.