Continental AG

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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Maps to track every bump in the road

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

Navigation maps that display roads and highways accurately to within 20 centimeters could be available as early as 2017....
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Schaeffler shifts 34% Continental stake off balance sheet

Jan. 21, 2015 10:58 CET

Schaeffler says a 34 percent stake in rival Continental has been shifted off the books in a move toward a possible stock market listing. Schaeffler borrowed heavily to buy Continental in 2008 in a deal that unraveled during the financial crisis....
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Google's self-driving car underpinned by Detroit area suppliers

11:39 am U.S. ET | Jan. 20, 2015

The fate of Google's self-driving car rests in the hands of Roush Industries and several other Detroit area suppliers. Roush, an engineering and specialty manufacturing company known for its custom Ford Mustang models, will assemble a test fleet of 100 Google prototypes in 2015....
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2015 AUTOMOTIVE NEWS WORLD CONGRESS

Google in talks with OEMs, suppliers to build self-driving cars

2:10 pm U.S. ET | Jan. 14, 2015

Internet giant Google has started talks with most of the world's top automakers and assembled a team of global suppliers to speed its push to bring self-driving cars to market, Chris Urmson, the head of the project, said today at the Automotive News World Congress....
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Continental plans 5% revenue gain in 2015 on car-market growth

Jan. 12, 2015 12:15 CET

Continental is targeting a 5 percent revenue gain in 2015 after car-market growth in the U.S. and China helped sales rise 4 percent last year to hit a fifth consecutive record high....
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Continental’s electronics, Korea units to plead guilty to price fixing

4:16 pm U.S. ET | Nov. 24, 2014

South Korean suppliers Continental Automotive Electronics and Continental Automotive Korea will plead guilty to rigging the prices of instrument panel clusters and pay a criminal fine of $4 million, the U.S. Department of Justice said....
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Continental mulls German factory closure

Nov. 23, 2014 20:58 CET

Continental is reviewing whether to close its factory in Gifhorn, Germany, which makes electric motors and hydraulic braking systems, because of a lack of customer orders. About 1,600 people work at the plant....
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Continental unable to complete Veyance takeover, report says

Nov. 6, 2014 14:12 CET

Continental is unable to complete its acquisition of U.S. rubber firm Veyance Technologies and may need to sell one of the target company's divisions to win U.S. regulatory approval, a German magazine reported....
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Continental remains upbeat on 2014 profit target despite powertrain unit writedown

Nov. 4, 2014 13:47 CET

Continental's third-quarter profit fell 6 percent as the supplier took a writedown in its powertrain unit, but the company said it could still beat its profit target this year....
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Continental considers ending battery partnership amid low EV demand

7:53 am U.S. ET | Nov. 4, 2014

Continental said it may end a battery cell joint venture with South Korean partner SK Innovation because of slower-than-expected growth in demand for electric cars....
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Audi recall no threat to Continental's financial guidance, CEO says

7:33 am U.S. ET | Oct. 31, 2014

Supplier Continental AG said a fault with airbags installed at Audi could cost a double-digit million euro amount to fix, a sum which the German automotive supplier could absorb without revising its earnings guidance....
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Continental eyes acquisition to reduce dependence on auto unit, report says

Oct. 27, 2014 15:37 CET

Continental is said to be looking for an acquisition in the industrial sector as it seeks to boost its proportion of industrial sales to 40 percent from close to 30 percent now to reduce its dependence on volatile car markets....
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36 supplier innovations named PACE Award finalists

2:00 pm U.S. ET | Oct. 11, 2014

Thirty-six innovations in a diverse range from adhesives to vision systems are finalists for the 2015 Automotive News PACE Awards. The awards honor supplier innovation in product, manufacturing process and information technology....
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Continental's high-tech strategy shift

12:01 am U.S. ET | Aug. 25, 2014

Continental's pick-up of Google executive underscores how the supplier sees specialized software and services as increasingly crucial to its future....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Conti exec says automated driving requires tight ties with many partners

Aug. 21, 2014 06:01 CET

Continental executive Helmut Matschi says automated driving will emerge gradually in the next decade. He also believes that to be successful, suppliers will need to collaborate more than ever with non-automotive companies....
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Continental lures Google self-driving exec in Silicon Valley push

1:22 pm U.S. ET | Aug. 18, 2014

German supplier Continental AG is growing its Silicon Valley presence to help car companies roll out autonomous driving and other “intelligent” features over the coming years -- and it has hired one of Google's self-driving car executives to lead the effort....
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Continental raises 2014 profit forecast on lower costs, auto demand

July 31, 2014 11:26 CET

Continental raised its 2014 profit forecast for the second time this year to 11 percent of sales from 10.5 percent, after lower production costs and improving auto demand helped boost quarterly earnings....
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ZF's pursuit of TRW may spark wave of mergers in supply chain

12:01 am U.S. ET | July 25, 2014

The biggest auto-parts deal since 2007 may be just the start of consolidation, with Autoliv and Visteon among the next potential targets, analysts say. More auto parts companies may combine as overcapacity constrains their ability to add scale on their own....
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Tire makers roll into South Carolina

12:01 am U.S. ET | July 19, 2014

South Carolina became the nation's leading tire producer in the fourth quarter last year with estimated daily output of 89,000 tires, edging Oklahoma's 88,000 units....
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THE GM RECALL

GM was urged in 2004 report to study Cobalt's ignition-airbag link

12:20 pm U.S. ET | June 27, 2014

A General Motors supplier studying an "anomaly" in a crash test on a preproduction Chevrolet Cobalt urged the company in 2004 to take a closer look at the connection between the ignition system and airbag deployment -- a link that eluded engineers and investigators at the company for years afterward....
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Continental: Automated driving requires many partners

12:01 am U.S. ET | June 16, 2014

Helmut Matschi, head of interiors at Continental AG, says automated driving will emerge gradually in the next decade....
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2014 AUTOMOTIVE NEWS EUROPE CONGRESS

Volvo, Conti, Audi are 2014 L.E.A.D.E.R. winners

June 6, 2014 13:33 CET

Volvo, Continental and Audi are the 2014 winners of the fifth annual Automotive News Europe/Automotive Intelligence Center L.E.A.D.E.R. awards....
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