Continental AG

Continental invests 250 million euros to expand China tire plant

Nov. 25, 2015 11:28 CET

Continental has started expanding its tire plant in China with an investment of 1.7 billion yuan (250 million euros) in a bid to boost annual output by 40 percent at the factory by 2017....
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Continental boosts earnings on Europe, U.S. growth

Nov. 9, 2015 12:03 CET

Continental said its third-quarter earnings rose 11 percent as Europe and the U.S. offset slower growth in China's car market....
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Mercedes to recall 126,260 vehicles in U.S. for airbag flaw

12:37 pm U.S. ET | Nov. 4, 2015

Mercedes-Benz is recalling 126,260 cars for a defect that can cause airbags to inflate unexpectedly without a crash -- or not at all during one....
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Continental defends software caught up in VW emissions crisis

Oct. 5, 2015 11:53 CET

Continental said software it supplied to VW Group cannot be used to manipulate emissions test results. Conti provided engine control system parts for 1.6-liter versions of the EA 189 engines caught up VW's emissions cheating scandal....
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Schaeffler plans IPO to cut debt, raise up to $3.4 billion

Sept. 21, 2015 10:10 CET

Schaeffler plans an initial public offering to pay down debt. The supplier may raise as much as about 3 billion euros ($3.4 billion) in the IPO, sources said....
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Auto-brake pact offers boon to big suppliers

12:01 am U.S. ET | Sept. 21, 2015

When 10 automakers agreed this month to voluntarily make automatic emergency braking systems standard, they were promising off-the-shelf technology priced for the mass market that includes an assortment of cameras, radar, lidar and computer chips that make up collision avoidance systems. The suppliers that will profit are a well-defined group of big suppliers with production-ready components....
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Continental, Valeo developing mirror-eliminating camera technologies

3:00 am U.S. ET | Sept. 15, 2015

Suppliers Continental and Valeo are hoping to turn rear- and side-view mirrors into relics of the past. The German and French suppliers kicked off the Frankfurt auto show today by touting how their camera-based systems can improve safety, reduce drag, and create more opportunities for design innovation....
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Suppliers advance in mass market safety tech

12:01 am U.S. ET | Sept. 12, 2015

Lidar, a kind of radar based on laser beams instead of radio waves, is moving closer to becoming a mass-market safety technology. Toyota is putting a lidar system from Continental in at least two 2016 nameplates, while another supplier is offering a high-end system intended for fully automated cars....
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Continental hit by China corruption case, reports say

Sept. 11, 2015 10:41 CET

Continental has largely replaced its tire sales management team in China on suspicion of corruption, reports said. Several employees are said to have allegedly benefitted personally through business deals....
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Continental confirms profit margin forecast for 2015

Sept. 8, 2015 11:54 CET

Continental says it is on track to reach its recently raised full-year target despite a seasonal downturn in summer. The supplier raised its full-year profit forecast in August and now targets an adjusted profit margin of around 11 percent for 2015 after previously guiding for more than 10.5 percent....
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Continental CFO calls China stock effect an 'overreaction'

Sept. 4, 2015 12:31 CET

Continental's finance chief, Wolfgang Schaefer, called a China-related global stock slide an "overreaction" and said he still sees growth in the nation's auto industry next year....
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BLOG: Autonomous cars will crash and be hacked ... and that's OK

12:01 am U.S. ET | Aug. 15, 2015

Cybersecurity and the threat of chaos is a new reality in the age of connected and autonomous cars. This is the reality we live. Cars can, and will, be hacked...
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BLOG: Conti's Cruising Chauffeur: The beauty of 2 of everything

3:58 pm U.S. ET | Aug. 4, 2015

If Continental AG is right about driverless cars, the trick to the technology is to have at least two of everything....
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Digital images may turn mirrors into museum pieces

11:00 am U.S. ET | Aug. 4, 2015

The lowly rearview mirror may be on the way out. Several suppliers are developing digital mirrors -- that is, cameras that would replace rearview mirrors....
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Continental raises margin target as European recovery boosts profit

Aug. 4, 2015 09:35 CET

Continental raised its full-year profit outlook after second-quarter earnings jumped more than expected on a strengthening European car market....
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BLOG: Why Conti has the inside track on automated maps

12:46 pm U.S. ET | Aug. 3, 2015

Now that Mercedes, BMW and Audi are buying Nokia's HERE navigation map unit for $3.1 billion, the big winner could be Continental AG....
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Continental begins construction of brake factory in China

June 26, 2015 06:15 CET

Continental began construction of a factory in Chongqing in southwest China to supply brakes to automakers operating in the area....
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Continental says it's 'working heavily' on electrified turbo

12:01 am U.S. ET | June 22, 2015

Continental AG is working on an electrified turbocharger to compete with a similar unit made by France's Valeo that is scheduled to debut on an Audi next year....
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Continental to buy Elektrobit auto unit in bid to boost autonomous tech

May 19, 2015 11:07 CET

Continental will buy the automotive business of Finnish software and hardware company Elektrobit Oyj for 600 million euros ($680 million) as the German company seeks to strengthen its position in automated driving technology....
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Continental raises forecast after Q1 earnings rise 10%

May 7, 2015 10:41 CET

Continental raised its 2015 sales forecast after posting higher first-quarter earnings that were helped by positive foreign exchange effects and a low oil price. Quarterly earnings rose 10 percent to 1.05 billion euros ($1.19 billion), the supplier said....
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Continental Q1 profit rises 5% on Europe rebound

April 30, 2015 11:39 CET

Continental's first-quarter profit rose 5 percent to about 1 billion euros ($1.11 billion) as auto sales in Europe increased....
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Continental will invest 1 billion euros in China, CEO says

April 21, 2015 15:40 CET

Continental plans to invest about 1 billion euros ($1.07 billion) in China over the next five years, CEO Elmar Degenhart said. The company is seeking to boost its share of Asian sales to 30 percent of global turnover by 2020 from a fifth at present....
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Continental 'interested' in being partner on possible Apple car

March 5, 2015 11:50 CET

Continental would be interested in acting as partner for technology giant Apple if the tech company decides to build a car, CEO Elmar Degenhart said....
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Continental increases microcontroller output in China

Feb. 24, 2015 12:45 CET

Continental says it has launched production of transmission control units on a second line at its plant in Tianjin, China. The German supplier's transmission division entered China in 1998. Aside from its factory in Tianjin, the unit has an r&d center in Shanghai....
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Suppliers dream up future innovations. Will automakers bite?

12:01 am U.S. ET | Jan. 26, 2015

Suppliers try to look over the horizon and craft new features and equipment for autos....
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