Friday, January 19

Statement from Continental About Media Reports on a Potential Organizational Change


Official statement from continental regarding media reports of organizational changes:

We confirm media reports that we are in the early stages of analyzing how our organization can become even more flexible in response to the fast changing environment in the automotive industry. In this process we are being supported by external advisors. As of today, it is wide open if and which changes could result from these early evaluations. To date, there are no plans which could be submitted for approval.