Continental AG

DUSTIN WALSH

BLOG: Autonomous cars will crash and be hacked ... and that's OK

12:01 am U.S. ET | Aug. 15, 2015

Cybersecurity and the threat of chaos is a new reality in the age of connected and autonomous cars. This is the reality we live. Cars can, and will, be hacked...
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DAVID SEDGWICK

BLOG: Conti's Cruising Chauffeur: The beauty of 2 of everything

3:58 pm U.S. ET | Aug. 4, 2015

If Continental AG is right about driverless cars, the trick to the technology is to have at least two of everything....
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Digital images may turn mirrors into museum pieces

11:00 am U.S. ET | Aug. 4, 2015

The lowly rearview mirror may be on the way out. Several suppliers are developing digital mirrors -- that is, cameras that would replace rearview mirrors....
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Continental raises margin target as European recovery boosts profit

Aug. 4, 2015 09:35 CET

Continental raised its full-year profit outlook after second-quarter earnings jumped more than expected on a strengthening European car market....
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DAVID SEDGWICK

BLOG: Why Conti has the inside track on automated maps

12:46 pm U.S. ET | Aug. 3, 2015

Now that Mercedes, BMW and Audi are buying Nokia's HERE navigation map unit for $3.1 billion, the big winner could be Continental AG....
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Continental begins construction of brake factory in China

June 26, 2015 06:15 CET

Continental began construction of a factory in Chongqing in southwest China to supply brakes to automakers operating in the area....
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Continental says it's 'working heavily' on electrified turbo

12:01 am U.S. ET | June 22, 2015

Continental AG is working on an electrified turbocharger to compete with a similar unit made by France's Valeo that is scheduled to debut on an Audi next year....
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Continental to buy Elektrobit auto unit in bid to boost autonomous tech

May 19, 2015 11:07 CET

Continental will buy the automotive business of Finnish software and hardware company Elektrobit Oyj for 600 million euros ($680 million) as the German company seeks to strengthen its position in automated driving technology....
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Continental raises forecast after Q1 earnings rise 10%

May 7, 2015 10:41 CET

Continental raised its 2015 sales forecast after posting higher first-quarter earnings that were helped by positive foreign exchange effects and a low oil price. Quarterly earnings rose 10 percent to 1.05 billion euros ($1.19 billion), the supplier said....
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Continental Q1 profit rises 5% on Europe rebound

April 30, 2015 11:39 CET

Continental's first-quarter profit rose 5 percent to about 1 billion euros ($1.11 billion) as auto sales in Europe increased....
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Continental will invest 1 billion euros in China, CEO says

April 21, 2015 15:40 CET

Continental plans to invest about 1 billion euros ($1.07 billion) in China over the next five years, CEO Elmar Degenhart said. The company is seeking to boost its share of Asian sales to 30 percent of global turnover by 2020 from a fifth at present....
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Continental 'interested' in being partner on possible Apple car

March 5, 2015 11:50 CET

Continental would be interested in acting as partner for technology giant Apple if the tech company decides to build a car, CEO Elmar Degenhart said....
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Continental increases microcontroller output in China

Feb. 24, 2015 12:45 CET

Continental says it has launched production of transmission control units on a second line at its plant in Tianjin, China. The German supplier's transmission division entered China in 1998. Aside from its factory in Tianjin, the unit has an r&d center in Shanghai....
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Suppliers dream up future innovations. Will automakers bite?

12:01 am U.S. ET | Jan. 26, 2015

Suppliers try to look over the horizon and craft new features and equipment for autos....
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Maps to track every bump in the road

12:01 am U.S. ET | Jan. 26, 2015

Navigation maps that display roads and highways accurately to within 20 centimeters could be available as early as 2017....
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Schaeffler shifts 34% Continental stake off balance sheet

Jan. 21, 2015 10:58 CET

Schaeffler says a 34 percent stake in rival Continental has been shifted off the books in a move toward a possible stock market listing. Schaeffler borrowed heavily to buy Continental in 2008 in a deal that unraveled during the financial crisis....
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Google's self-driving car underpinned by Detroit area suppliers

11:39 am U.S. ET | Jan. 20, 2015

The fate of Google's self-driving car rests in the hands of Roush Industries and several other Detroit area suppliers. Roush, an engineering and specialty manufacturing company known for its custom Ford Mustang models, will assemble a test fleet of 100 Google prototypes in 2015....
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2015 AUTOMOTIVE NEWS WORLD CONGRESS

Google in talks with OEMs, suppliers to build self-driving cars

2:10 pm U.S. ET | Jan. 14, 2015

Internet giant Google has started talks with most of the world's top automakers and assembled a team of global suppliers to speed its push to bring self-driving cars to market, Chris Urmson, the head of the project, said today at the Automotive News World Congress....
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Continental plans 5% revenue gain in 2015 on car-market growth

Jan. 12, 2015 12:15 CET

Continental is targeting a 5 percent revenue gain in 2015 after car-market growth in the U.S. and China helped sales rise 4 percent last year to hit a fifth consecutive record high....
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Continental’s electronics, Korea units to plead guilty to price fixing

4:16 pm U.S. ET | Nov. 24, 2014

South Korean suppliers Continental Automotive Electronics and Continental Automotive Korea will plead guilty to rigging the prices of instrument panel clusters and pay a criminal fine of $4 million, the U.S. Department of Justice said....
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Continental mulls German factory closure

Nov. 23, 2014 20:58 CET

Continental is reviewing whether to close its factory in Gifhorn, Germany, which makes electric motors and hydraulic braking systems, because of a lack of customer orders. About 1,600 people work at the plant....
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Continental unable to complete Veyance takeover, report says

Nov. 6, 2014 14:12 CET

Continental is unable to complete its acquisition of U.S. rubber firm Veyance Technologies and may need to sell one of the target company's divisions to win U.S. regulatory approval, a German magazine reported....
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Continental remains upbeat on 2014 profit target despite powertrain unit writedown

Nov. 4, 2014 13:47 CET

Continental's third-quarter profit fell 6 percent as the supplier took a writedown in its powertrain unit, but the company said it could still beat its profit target this year....
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Continental considers ending battery partnership amid low EV demand

7:53 am U.S. ET | Nov. 4, 2014

Continental said it may end a battery cell joint venture with South Korean partner SK Innovation because of slower-than-expected growth in demand for electric cars....
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Audi recall no threat to Continental's financial guidance, CEO says

7:33 am U.S. ET | Oct. 31, 2014

Supplier Continental AG said a fault with airbags installed at Audi could cost a double-digit million euro amount to fix, a sum which the German automotive supplier could absorb without revising its earnings guidance....
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