Continental AG

Continental raises 2014 profit forecast on lower costs, auto demand

July 31, 2014 11:26 CET

Continental raised its 2014 profit forecast for the second time this year to 11 percent of sales from 10.5 percent, after lower production costs and improving auto demand helped boost quarterly earnings....
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ZF's pursuit of TRW may spark wave of mergers in supply chain

12:01 am U.S. ET | July 25, 2014

The biggest auto-parts deal since 2007 may be just the start of consolidation, with Autoliv and Visteon among the next potential targets, analysts say. More auto parts companies may combine as overcapacity constrains their ability to add scale on their own....
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Tire makers roll into South Carolina

12:01 am U.S. ET | July 19, 2014

South Carolina became the nation's leading tire producer in the fourth quarter last year with estimated daily output of 89,000 tires, edging Oklahoma's 88,000 units....
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