Continental Tire announced Sept. 19 that Dallas-Fort Worth would be home to the company’s first fully owned tire distribution center in the United States.
September 20, 2024Government, Business, Equipment, TCA
Continental Tire to Open First US Distribution Center
Business, Equipment
Continental Gains After Car-Parts Returns Turn Positive
Continental AG shares rose after improving returns at its struggling car-parts unit, which the German company may spin off in its biggest-ever restructuring.
August 7, 2024Business, Equipment
Continental Weighs Spinoff to Separate Car Parts From Tires
Continental AG is considering spinning off and listing its struggling automotive business to separate it from the German parts maker’s more successful tire operations.
August 5, 2024Business, Equipment
Continental Sees 2-4% Rise in CV Replacement Tire Sales
Continental AG expects North American commercial vehicle replacement tire sales to rise between 2% and 4% year-over-year in 2024, the German tire manufacturer said.
March 12, 2024Business, Equipment
Continental CFO Won’t Extend Contract, Will Leave Company
Continental Chief Financial Officer Katja Garcia Vila won’t extend her contract and plans to leave the auto supplier she joined nearly three decades ago.
March 11, 2024Business, Equipment
Continental Faces Tough Auto Unit Overhaul in Slowing Market
Continental AG declined as the company embarks on a deep overhaul of its underperforming auto components business in a slowing vehicle market.
March 7, 2024Business, Equipment
Continental Slashes 2023 Truck Tire Sales Forecast
Continental AG slashed its expectations for North American commercial vehicle replacement tire sales in 2023.
November 8, 2023Business, Technology, Autonomous
Continental to Study Auto Divestments to Shore Up Profit
Continental AG, one of Europe’s top car parts makers, is studying the sale of automotive assets, including its autonomous mobility business as it comes under growing pressure to shore up its profitability, people familiar with the matter said.
October 17, 2023Business, Equipment
Continental Cuts Guidance on Weak Truck Tire Sales
Weaker-than-expected North American and European commercial vehicle replacement tire sales in the second quarter of 2023 and through the remainder of the year forced Continental to cut revenue guidance for its tire unit and the company as a whole.
August 9, 2023Business, Equipment, Safety
Continental Demonstrates Tire Stress Testing Process
UVALDE, Texas — Continental on June 20 hosted a test drive involving a Class 8 truck and sports cars to demonstrate how its tires handle various road conditions.
June 28, 2023