Continental AG


Continental defends software caught up in VW emissions crisis

Oct. 5, 2015 11:53 CET

Continental said software it supplied to VW Group cannot be used to manipulate emissions test results. Conti provided engine control system parts for 1.6-liter versions of the EA 189 engines caught up VW's emissions cheating scandal....
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Schaeffler plans IPO to cut debt, raise up to $3.4 billion

Sept. 21, 2015 10:10 CET

Schaeffler plans an initial public offering to pay down debt. The supplier may raise as much as about 3 billion euros ($3.4 billion) in the IPO, sources said....
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Auto-brake pact offers boon to big suppliers

12:01 am U.S. ET | Sept. 21, 2015

When 10 automakers agreed this month to voluntarily make automatic emergency braking systems standard, they were promising off-the-shelf technology priced for the mass market that includes an assortment of cameras, radar, lidar and computer chips that make up collision avoidance systems. The suppliers that will profit are a well-defined group of big suppliers with production-ready components....
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Continental, Valeo developing mirror-eliminating camera technologies

3:00 am U.S. ET | Sept. 15, 2015

Suppliers Continental and Valeo are hoping to turn rear- and side-view mirrors into relics of the past. The German and French suppliers kicked off the Frankfurt auto show today by touting how their camera-based systems can improve safety, reduce drag, and create more opportunities for design innovation....
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Suppliers advance in mass market safety tech

12:01 am U.S. ET | Sept. 12, 2015

Lidar, a kind of radar based on laser beams instead of radio waves, is moving closer to becoming a mass-market safety technology. Toyota is putting a lidar system from Continental in at least two 2016 nameplates, while another supplier is offering a high-end system intended for fully automated cars....
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Continental hit by China corruption case, reports say

Sept. 11, 2015 10:41 CET

Continental has largely replaced its tire sales management team in China on suspicion of corruption, reports said. Several employees are said to have allegedly benefitted personally through business deals....
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Continental confirms profit margin forecast for 2015

Sept. 8, 2015 11:54 CET

Continental says it is on track to reach its recently raised full-year target despite a seasonal downturn in summer. The supplier raised its full-year profit forecast in August and now targets an adjusted profit margin of around 11 percent for 2015 after previously guiding for more than 10.5 percent....
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Continental CFO calls China stock effect an 'overreaction'

Sept. 4, 2015 12:31 CET

Continental's finance chief, Wolfgang Schaefer, called a China-related global stock slide an "overreaction" and said he still sees growth in the nation's auto industry next year....
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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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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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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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Mazda's Wager: Self-driving cars will be ‘disastrous’ for industry

Mazda's Wager: Self-driving cars will be ‘disastrous’ for industry

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