Continental group’s independent automotive company has been named Aumovio, and is scheduled to list on the Frankfurt Stock Exchange in September 2025.
Continental says the name of the new company combines the strong market position, heritage and technological expertise in the automotive industry with the ambition to shape the mobility of the future with innovations.
Aumovio will offer electronic products and advanced mobility solutions for the software-defined vehicle and connected and autonomous mobility to a wide range of global customers.
According to a market analysis by Berylls, Automotive expects the value of solutions per vehicle in these segments to grow by an average of 4.7% annually until 2029 – and more dynamically than the number of passenger cars and light commercial vehicles produced worldwide (based on market forecast by S&P Global Mobility).
“Our aim is to further expand our position in the future fields and growth markets of mobility. This strategy is particularly evident in China. Among other things, we are relying on our strong local presence by producing and developing locally for the Chinese market,” says Philipp von Hirschheydt, Member of the Executive Board of Continental/CEO of Automotive.
Continental’s group sector Automotive has been present in China for 30 years and employs around 10,000 people there. In the 2024 financial year, Automotive generated around 14% of its global sales in China.
The Chinese market is the world’s largest automotive market and, according to internal forecasts and estimates by market research companies, is expected to grow faster than the global market over the next five years. Automotive has continued to expand its value chain in China locally in recent years to support Chinese and international automakers with local manufacturing, local supply chains and, in particular, local innovations and developments.
At the recent Auto Shanghai show, Automotive presented the Luna and Astra driver assistance systems, among others. Both were developed in the joint venture Horizon Continental Technology, for the Chinese market.
Luna is an assistance system and supports active safety as well as basic driving and parking functions to increase safety and comfort. Astra is an advanced assistance system and enables, among other things, assisted driving without a high-resolution map and parking assistance with memory function.
Aumovio has significant expertise in software, architecture platforms and assistance systems for the rapidly growing future market of software-defined and autonomous vehicles.
The Automotive group sector employs around 92,000 people and generated sales of around EUR19.4 billion in the 2024 financial year.