Continental seeks ways to improve performance of automotive unit
Continental expects increased costs of 1.4 billion euros ($1.54 billion) from wages, salaries, energy and logistics.
Stay updated with breaking news from Katja Duerrfeld. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Continental expects increased costs of 1.4 billion euros ($1.54 billion) from wages, salaries, energy and logistics.
Continental CFO Katja Duerrfeld explains why the German automotive supplier has reduced its sales outlook for 2023, while maintaining its margin forecasts. She also discusses cost management efforts...
Auto parts supplier Continental beat expectations on Thursday with a 47% jump in third-quarter operating profit as price hikes and a strong recovery in auto production offset rising energy and
Although the first half of 2022 was rocky with inflation, war, rising costs and slowed auto production, Continental A.G. remains optimistic about its expected financial performance for the full year.