Tag: Continental

Continental evaluating spin off of automotive unit

Due to the increasingly dynamic markets in the automotive industry, German firm Continental says it has decided, following a strategic review, to conduct a further detailed evaluation on spinning off the Automotive group sector. The aim of having two independent…

Continental opens fourth expansion at China plant

Tyre firm Continental has celebrated the grand opening of the fourth expansion phase of its tyre plant in Hefei, China. With the extension of its solely tyre plant in the country Continental Tires will boost its annual production capacity to…

Continental tyre plants on energy saving drive

Thanks to 160 energy-saving projects, Continental Tires reduced its annual energy requirements by around 150 gigawatt hours in 2023. This was achieved, for example, through the increased use of renewable energies and thermal insulation. The firm adds that 150 gigawatt…

Continental invests in US$90 mn hose plant in Mexico

German technology company Continental has kicked off the year with the announcement of the construction of a new hydraulic hose plant for industrial purposes. The planned investment is of around US$90 million and is one of the biggest investments for…