Elmar Degenhart

Continental kept in the dark over Schaeffler's decision to end investment agreement

May 15, 2013 14:35 CET
Continental said it was kept in the dark about the decision of Schaeffler to quit a five-year-old investment accord. Analysts suspect the accord's scrapping may be a prelude to Schaeffler restructuring Continental or reducing its stake.... Read More »

 

Continental sticks to 2013 targets on raw material cost drop

May 3, 2013 09:04 CET
Continental reiterated targets for 2013 as declining raw material costs and new products are offsetting a sixth year of contraction in its home region's car market.... Read More »

 

Continental forecasts first-quarter sales drop on falling auto demand

March 8, 2013 06:01 CET
Continental forecasts first-quarter sales will decline as much as 3 percent as demand for autos in its home market plunges. Revenue in the quarter will drop 1 percent to 3 percent, the company says.... Read More »

 

Continental returns to German DAX after Schaeffler recovery

Sept. 6, 2012 12:49 CET
Continental returned to Germany's benchmark DAX index after a 45-month absence in a sign of its recovery from debt woes that sparked a takeover bid from Schaeffler AG.... Read More »

 

Continental, SK Innovation complete EV battery deal

July 23, 2012 07:46 CET
Continental and South Korea's SK Innovation completed a deal today to cooperate on lithium ion battery technology for electric vehicles. The venture is set to start operations in the fourth quarter of this year. The business will be managed from Berlin.... Read More »