Business, Technology, Equipment

Continental Sees Chips, Inflation Dragging on Auto Industry

Continental logo Andrey Rudakov/Bloomberg News

Continental AG, Europe’s second-biggest supplier of car parts, warned the global bottleneck in chip supply and raw material cost inflation will drag on the auto industry through the rest of the year.

Elisabeth Behrmann | Bloomberg News
August 5, 2021
Business, Technology, Equipment

Continental Marks 150 Years With Story of Its History

Continental Continental will be celebrating its history throughout the year with stories about its background and evolution. (Continental)

Continental announced it will be celebrating its 150th year in business later this year.

May 14, 2021
Business, Technology

Continental Bets on Automated-Driving Growth in Unit Overhaul

Continental logo Continental AG headquarters in Hanover, Germany. (Markus Hibbeler/Bloomberg)

Continental AG will create a dedicated unit for its self-driving technology as the German automotive supplier hopes to benefit from rising sales for electric cars filled with electronic gadgetry.

Christoph Rauwald | Bloomberg News
March 16, 2021
Business, Technology, Equipment

Continental Is Said to Explore Sale of Turbocharger Business

A Continental logo sits on display. (Andrey Rudakov/Bloomberg News)

Continental AG is exploring a sale of its turbocharger unit as the German auto-parts maker conducts a major restructuring to stem losses, according to people familiar with the matter.

October 22, 2020
Business, Equipment

Continental Makes Leadership Changes in Truck Tire Business

Continental Sarzano (left) and Uys (Continental) and a Continental booth at an industry show. (John Sommers II for Transport Topics)

Continental announced the appointment of two new leaders Aug. 25 for the truck tires division in the Americas region.

August 28, 2020
Business, Technology, Equipment

Continental Transitions to KeepTruckin for ELD Services

Continental A Continental VDO RoadLog. (Continental Automotive Systems)

Tire, systems and components supplier Continental said it will transition customers to an alternate electronic logging device and fleet management solution.

Connor D. Wolf | Staff Reporter
May 6, 2020

Continental Posts Loss Amid Company Revamp and Industry Woes

Continental training facility Continental's employee training facility in Clinton, Miss. (Continental)

Continental AG suffered a third-quarter loss triggered by a far-reaching overhaul to revive squeezed margins as it pursues a plan to spin off its powertrain division next year.

Christoph Rauwald | Bloomberg News
November 12, 2019

Continental to Cut Jobs, Close Factories in 10-Year Overhaul

Continental AG tire warehouse Andrey Rudakov/Bloomberg News

Continental AG mapped out a sweeping restructuring plan set to last a decade that will affect as many as 20,000 jobs worldwide, part of the German manufacturer’s effort to restore profits while enduring sluggish vehicle production in key markets.

Christoph Rauwald | Bloomberg News
September 25, 2019
Business, Equipment

Continental Renames Longhaul Tire

Continental employee training facility in Mississippi Continental's employee training facility in Clinton, Miss. (Continental)

Automotive supplier and tire manufacturer Continental announced it renamed its longhaul tire for improved clarity among fleets and dealers.

July 19, 2019
Government, Business

Continental Sticks to Powertrain IPO Plan Amid Profit Slump

A converter component for hybrid and electric vehicles A converter component for hybrid and electric vehicles inside the Continental automotive powertrain factory. (Alex Kraus/Bloomberg News)

Continental AG is moving ahead with plans to carve out its powertrain division while postponing a final decision, as the German auto-parts maker adapts to the disruptive and costly shift to self-driving electric cars.

Christoph Rauwald | Bloomberg News
April 26, 2019