Continental (XTER:CON)’s stock price has fallen due to industry-wide concerns about auto production volumes and tariffs, but we believe the company has superior end-market exposures and a lower risk profile than many of its peers. Continental’s tire business accounts for about 45% of the company’s earnings, and we find that it generates solid margins and returns relative to industry peers. Replacement tires account for a large portion of segment earnings and …
The Supervisory Board of Continental AG, Hanover, extended the tenure of CEO Dr. Elmar Degenhart by another five years to Aug. 11, 2024.
“Since August 2009, under the leadership of Elmar Degenhart as CEO together with the Continental team, the company has achieved top performance industry-wide.
A good concept vehicle shouldn’t just be stuffed full of forward-thinking technologies and ideas, it should also look as if it’s absconded from the future. The CitE – MAN’s vision of the “future of city delivery transport” – ticks both boxes. Currently on display at the IAA Commercial Vehicles show, the all-electric CitE displays the truck manufacturer’s latest ergonomic and safety concepts. The tyres are also a one-off, made especially for the CitE by Continental.
Online tire sale platform
The online retailing helps in reaching out too many consumers without launching stores and this results in cost benefits which are ultimately passed on to the customers. Moreover, increasing spending on e-commerce platform by OEM’s due to high internet penetration rate will drive the online tire market during the forecast period as well.
Germany: Simulation technology as well as other efficiency measures are to help Continental AG achieve a 25% improved product performance by 2025, compared to a baseline of 2010.
In a keynote presentation at this year’s Future Tire Conference, held at the end of May in Cologne, Philipp Struck, head of Conti tire line development EMEA OE, said the 25:25:25 approach envisages 25% higher product performance compared to the 2010 baseline, while weight will be 25% lower, and delivery to market 25% faster.
“A performance feature that is…
A further development of Continental’s ContiConnect digital tyre monitoring platform will be showcased at the upcoming IAA Commercial Vehicles show in Germany. The evolution that Continental will show is said to be a “new solution that can be integrated into existing systems,” specifically a solution that will give these systems a digital tyre monitoring capability. Continental says it will announce further details at a press conference on 19 September.
AUBURN HILLS, Mich.—Continental was recognized one of the best employers for women by Forbes magazine, one of seven automotive companies on the list.
Changshu, China – ContiTech AG has expanded its footprint in China with the opening of a production plant for 3D blow mould hoses in Changshu.
The company announced 28 Aug that the RMB 70 million (€10 million) production unit will supply hoses for high-performance turbochargers for automotive OEMs.
The hoses, ContiTech confirmed to ERJ, will be made of thermoplastic elastomers, expanding the company’s products and solutions portfolio within the Chinese automotive industry.
With the arrival of the TractorMaster in its agricultural tyre portfolio, Continental now offers three model lines in this segment. It positions the new arrival as an “advanced radial tyre,” a technological cut above its 2017-launched “standard” Tractor70 and Tractor85 radials.
Continental (ETR:CON) received a €175.00 ($198.86) price objective from equities researchers at Independent Research in a research report issued on Thursday. The firm currently has a “neutral” rating on the stock. Independent Research’s target price would indicate a potential upside of 12.58% from the company’s previous close.
A number of other analysts have also commented on CON. Warburg Research set a €285.00 ($323.86) price objective on Continental and gave the stock a “buy” rating in a research report on Wednesday, April 25th. JPMorgan Chase & Co. set …