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Continental Returns to Its Roots as Tiremaker Sheds Ailing Units(Bloomberg) -- Continental AG, one of Germany’s largest and most storied manufacturers, is returning to its roots, abandoning decades of expansion into auto and industrial parts to focus on its ...
On August 5, 2024, Continental AG (OTC: CTTAY, $6.63, Market Capitalization: $13.3 billion) announced that its Executive Board is evaluating a potential spin-off and listing its Automotive group ...
March 12 (Reuters) - Continental AG's (CONG.DE), opens new tab supervisory board on Wednesday formally approved plans for spinning-off the group's automotive business, which will have cash funds ...
Continental AG, one of Germany’s largest and most storied manufacturers, is returning to its roots, abandoning decades of expansion into auto and industrial parts to focus on its more profitable ...
Here is how Continental AG (CTTAY) and Michelin (MGDDY) have performed compared to their sector so far this year.
If German car-parts maker Continental AG goes through with spinning off its struggling automotive division, cash returns to shareholders could soar, according to UBS Group AG. The bank sees scope ...
BERLIN (Reuters) -Continental AG expects production of light vehicles in North America to fall by around 7% in the first quarter, the German auto supplier said on Tuesday, citing "economic ...
April 8 (Reuters) - Germany's Continental (CONG.DE), opens new tab plans to turn its ContiTech rubber and plastics division into an independent entity, it said on Tuesday, setting the company up ...
A compensation payment from Vitesco Technologies to Continental AG also supports the financial position of the group. The combination of these elements, including the expected positive earnings ...
Continental AG shares jumped 10% on Thursday after the German car parts manufacturer told analysts it expects strong growth in China, paired with its push to increase its margins and cut its costs ...
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