Continental AG (CONG.DE)
15 Aug 2018
Mon, Aug 13 2018
Aug 13 Australian retailer Wesfarmers said on Monday said it would sell its Kmart Tyre and Auto Service business to Germany's Continental AG for A$350 million ($254.94 million), in the midst of its biggest portfolio reshuffle in a decade.
FRANKFURT, July 18 German auto supplier Continental on Wednesday said it will list its powertrain division as early as mid 2019 as part of a broader strategy overhaul to break itself up into three divisions under a holding company structure starting in 2020.
BEIJING China's Didi Chuxing signed an agreement with German automotive supplier Continental AG on Tuesday to cooperate in developing internet-connected, electric cars tailor-made for Didi's ride hailing services.
BEIJING, July 10 China's Didi Chuxing signed an agreement with German automotive supplier Continental AG on Tuesday to cooperate in developing internet-connected, electric cars tailor-made for Didi's ride hailing services.
BEIJING, July 10 Chinese ride-sharing company Didi Chuxing said on Tuesday it signed an agreement with German automotive supplier Continental AG to jointly develop connected vehicles and design purpose-built electric vehicles (EVs) for Didi's services.
FRANKFURT/HAMBURG Germany's Continental AG sees itself on track to reach its recently lowered guidance for 2018 thanks to solid demand for automotive assistance, infotainment and connectivity systems which helped lift orders to a record in the first quarter.
* Demand for intelligent auto tech to continue - CFO (Adds CFO comments)
April 27 Continental AG CEO at annual general meeting:
FRANKFURT, April 18 German auto supplier Continental AG on Wednesday lowered its full year outlook after exchange rate and inventory valuation effects resulted in a 150 million euros ($185.22 million) negative hit to earnings in the first half of 2018. "This negative impact affects primarily the tire business," Continental said, adding that its full-year forecast of achieving an adjusted earnings before interest and tax (EBIT) margin of 10.5 percent will be lowered to achieving an a
BERLIN German automotive supplier Continental voiced concerns about the possibility of an escalating trade war with the United States should the U.S. impose tariffs on steel and aluminum, its finance chief said.