Continental, at the Capital Market Day event in Hanover, revealed its comprehensive strategy designed to boost value creation and achieve ambitious mid-term targets. The plan involves a suite of cost-reduction measures to attain an 8 to 11 percent adjusted EBIT…
Welcome to another edition of the Coffee Brake podcast. In today’s episode, we are delighted to have Lutz Kuehnke join us for an insightful discussion on Continental and its global leadership within the automotive brake segment. Lutz will be sharing…
Continental, a leading automotive technology company, is taking significant steps to enhance the competitiveness of its Automotive sector. They are set to implement measures that will simplify and streamline their business and administrative structures, aiming to achieve annual cost savings…
Continental, a renowned technology company, is leading the way in transforming automotive component production into a digital experience. They’ve established the “Digitalization of the Industrialization Process in the Automotive and Supplier Industries” (DIAZI) project, a three-year initiative, in collaboration with…
Automotive industry giant Continental has unveiled its latest innovation, the ATE Electronic Brake Actuators, specifically designed to transform and simplify the brake caliper repair process. Traditionally, technicians had to deal with the cumbersome task of replacing the entire caliper assembly.…
FRANKFURT, Germany — Enno Straten, 50, will become head of Continental’s Automotive Aftermarket business segment effective November 1, 2023. This segment includes replacement and wear parts for the passenger car aftermarket, such as brakes, electronic components, service equipment or batteries.…
FRANKFURT/MUNICH, Germany — Continental has entered a strategic partnership with Munich-based DeepDrive to develop core technologies for electric vehicles. As a first milestone, both companies will jointly develop a combined unit comprising drive and brake components for mounting directly on…
FRANKFURT, Germany — Jean-Michel Verdier, 49, is the new Managing Director of Continental Engineering Services (CES). In his previous assignment at Continental, Verdier was leading the worldwide R&D organization for the Wheel Brake Solutions segment, where he demonstrated exceptional leadership…
NEW BRAUNFELS, Texas – Continental celebrated the first anniversary of its manufacturing plant in New Braunfels, Texas. The 215,000-square-foot facility has 17 production lines running and has created more than 400 jobs since it opened. “We are proud to celebrate…
ALLENTOWN Penn. – Continental, one of the world’s leading brake system manufacturers and suppliers, has expanded the company’s line of aftermarket ATE Electronic Parking Brake Calipers for easy installation on some of the most popular European makes. The 10 newly…
FRANKFURT AM MAIN, Germany — Dr. Ismail Dagli, 48, will take charge of Continental’s Autonomous Mobility (AV) business area October 1st, succeeding Frank Petznick, who will leave the company at his own request at the end of September. Since the…
HANOVER/MUNICH, Germany –. “Making future mobility happen, today!” is Continental’s tagline for this year’s IAA MOBILITY in Munich, where the technology company will present its unique portfolio of software-based and sustainable mobility solutions. These range from innovative high-performance computers and…
HANOVER, Germany — Continental ended the second quarter (Q2) of 2023 with strong earnings again in the tires group sector and high order intake in automotive of around €8.6 billion. The ContiTech group sector achieved solid results, while earnings in Automotive…
AUBURN HILLS, Mich. – Technology company and leading automotive supplier Continental has been named one of America’s Best Employers for Women 2023 by Forbes magazine. The list, published annually since 2018, recognizes companies that are committed to creating a workplace…
HANOVER, Germany – Stiebel Eltron is planning to set up a stainless-steel cylinder production facility for heat pump heating systems at Continental’s location in Gifhorn, Germany. Continental earlier this month announced it would be phasing out automotive-related operations at Gifhorn…
HANOVER, Germany — Continental published the following announcement: Continental announces preliminary figures of the second quarter results – Adjusted EBIT margin for Automotive below market expectations. We confirm the Automotive outlook for the full year. Based on initial preliminary and…
AUBURN HILLS, Mich. — Technology company Continental was named the 2023 Tier 1 Supplier of the Year from Informa Tech. The Informa Tech Awards, previously known as TU-Automotive Awards, returned to Detroit on June 6 celebrating the achievements of leading…
FRANKFURT AM MAIN, Germany — Technology company Continental supplies Chinese car manufacturer Changan with its new generation of electronic brake systems (EBS) for Electronic Stability Control (ESC), the MK 120 ESC. This marks the first time that the MK 120…
HANOVER, Germany — Continental started 2023 with solid results, in line with its expectations. The technology company anticipates a further improvement in earnings over the course of the year, in particular due to rising production figures for passenger cars and…
FRANKFURT, Germany/PITTSBURGH, US. — The technology companies Continental and Aurora Innovation, Inc. have entered into an exclusive partnership to deliver the first commercially scalable generation of Aurora’s flagship-integrated hardware and software system, the Aurora Driver. The organizations will jointly design,…
HANOVER, Germany — At its meeting yesterday, the Supervisory Board of Continental AG extended the appointment of CEO and chairman of the Executive Board Nikolai Setzer (52). Having been due to expire in March 2024, his contract will now run…
FRANKFURT, Germany — The auto industry is going through the biggest upheaval since the invention of the automobile. Digitization, networking, semi-autonomous driving functions and, above all, the rapidly changing user behavior of people require new mobility concepts. The automobile is…
VILLINGEN-SCHWENNINGEN, Germany/AMSTERDAM — Technology company Continental and HERE Technologies, the leading location data and technology platform, will power all of IVECO’s commercial vehicles across the EU with Intelligent Speed Assistance (ISA) and fuel-saving functions. These will be delivered through Continental’s…
STAMFORD, Conn.– ITT Inc. (NYSE: ITT) announced the company has signed a 10-year strategic agreement for the supply of aftermarket brake pads to Continental AG (Continental), a leading global automotive supplier. The agreement is expected to generate more than $1…
BARCELONA — Galfer, the well-known manufacturer of brake components is joining forces with the prestigious Continental Atherton race team in 2023 and will equip all its bikes with the “Disc Shark®” discs and the Pro G1554T and Advanced G1851 pads…
