Continental lowers outlook on weak Europe despite higher Q2 earnings

Continental test car — (BLOOMBERG/Bloomberg)

fw

By:

from wire reports

August 07, 2024 09:36 AM

Continental lowered its sales outlook and cut its margin forecast, citing weak demand in Europe.

Featured Stories

U.S. tariffs on imported vehicles are in effect, with parts duties following soon

U.S. tariffs on imported vehicles are in effect, with parts duties following soon

What vehicle parts are now subjected to tariffs?

What vehicle parts are now subjected to tariffs?

Here’s our list of the 2025 Top 150 dealership groups

Here’s our list of the 2025 Top 150 dealership groups

How many U.S. dealership owners will we have in 2050?

How many U.S. dealership owners will we have in 2050?

Latest News

Kia CEO wants midsize pickup for U.S. market, following Tasman launch

Live updates on tariffs: Reactions and fallout as auto tariffs take effect

U.S. tariffs on imported vehicles are in effect, with parts duties following soon

U.S. senators seek to rein in Trump tariff authority

Staying current is easy with newsletters delivered straight to your inbox.

See More in Suppliers

Michigan electronics supplier ADAC advances vertical integration with acquisition

Taiwanese auto supplier plans $18.8M plant, 109 jobs in Michigan

Tariffs to strike top of the market with import-heavy luxe brands targeted

Steel maker Cleveland-Cliffs plans layoff of 600 Detroit area workers, citing weak auto production

Staying current is easy with newsletters delivered straight to your inbox.