4 weeks of digital access for $1

Neumann leads Conti powertrain division

Continental Chief Technical Officer Karl-Thomas Neumann has taken over the company’s loss-making powertrain division from Dieter Rogge, 60, who has retired.

Neumann aims to turn around the division, which last year lost €73.5 million.

The continued integration of Motorola contributed to the poor performance.

In a statement, Neumann said he intends to better balance the division’s production in high- and low-cost countries. The division also will be hit hardest by plans to cut up to 2,000 jobs by 2010, the company said.

ATTENTION COMMENTERS: Automotive News has monitored a significant increase in the number of personal attacks and abusive comments on our site. We encourage our readers to voice their opinions and argue their points. We expect disagreement. We do not expect our readers to turn on each other. We will be aggressively deleting all comments that personally attack another poster, or an article author, even if the comment is otherwise a well-argued observation. If we see repeated behavior, we will ban the commenter. Please help us maintain a civil level of discourse.

Email Newsletters
  • General newsletters
  • (Weekdays)
  • (Mondays)
  • (As needed)
  • Video newscasts
  • (Weekdays)
  • (Weekdays)
  • (Saturdays)
  • Special interest newsletters
  • (Thursdays)
  • (Tuesdays)
  • (Monthly)
  • (Monthly)
  • (Wednesdays)
  • (Bimonthly)
  • Special reports
  • (As needed)
  • (As needed)
  • Communication preferences
  • You can unsubscribe at any time through links in these emails. For more information, see our Privacy Policy.