New President of Continental North America Appointed

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Robert (Bob) Lee will take over as the new president of Continental North America.

He succeeds Jeff Klei, who will retire after serving more than 30 years in the industry. Lee will be responsible for leading customer, governmental and other external relationships across the region.

Read the source article at Tire Review

Continental ‘adapting’ tire production globally in response to coronavirus

FORT MILL, S.C.—Continental is “adapting” production at some of its plants across the globe in reaction to the COVID-19 pandemic.

Read the source article at Rubber and Plastics News

Employees’ Pursuit of Passions Lands Continental on Best Big Companies to Work For™ List

Some companies strive to be a “best place to work” by following the latest workplace trends, such as furnishing offices with things like foosball tables and in-office spas, to try and keep employees happy. Other companies go beyond perks, forming a culture that supports passions and purpose – giving their employees time and tools to innovate solutions that impact society. Technology company Continental is one such purpose-driven enterprise, and Fortune Magazine has just named it one of the 18 Best Big Companies to Work For™ and the only manufacturing company to make the prestigious list.

Read the source article at finance.yahoo.com

Continental, Groupe Touchette Release IceContact XTRM Winter Tire

Continental ’s new IceContact XTRM tire, designed in collaboration with Groupe Touchette , combines all the characteristics needed to face Canada’s variable winter conditions, Groupe Touchette says.

Available exclusively through Groupe Touchette, the IceContact XTRM has a new tread design and unique stud technology for exceptional grip on ice and greatly-improved handling on snowy roads, the company says.

Read the source article at Tire Review

Continental, Michelin among Fortune’s ‘most admired’ companies

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NEW YORK—Continental and Michelin earned spots on magazine’s “World’s Most Admired Companies” list in the motor vehicle parts category for 2020.

Read the source article at Rubber and Plastics News

Tire Technology Expo Conference program: More speakers added!

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Tire Technology Expo Conference has just released an updated conference program, featuring even more new speakers. With over 170 presentations in total across 12 dedicated streams, leading organizations set to speak at the event include Bridgestone, Continental, Ducati, ExxonMobil, Fiat Chrysler Automobiles, Hankook, Jaguar Land Rover, Lamborghini, Michelin, Pirelli, and Yokohoma.

Read the source article at Tire Technology International

Canada PM wants USMCA deal ratified quickly, opposition says not so fast

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WINNIPEG — Canadian Prime Minister Justin Trudeau on Tuesday urged legislators to quickly approve a new continental trade pact but the main opposition party said it wanted to study the deal, indicating the ratification process could drag on. Canada is the only one of the three signatories not to have formally blessed the United States-Mexico-Canada Agreement (USMCA) deal and officials fret the process may well last until April.

Read the source article at Canada Business News

Continental’s Vitesco expects margins to take a hit from electric shift – Reuters

REGENSBURG, Germany (Reuters) – Vitesco, the powertrain division of auto supplier Continental (CONG.DE), faces margin pressure as it shifts its business beyond combustion engines, which make up 90% of revenues, to capture growth from electromobility, Chief Executive Andreas Wolf said. “Electrification is a huge change for the company but also a massive opportunity,” Wolf told Reuters in an interview.

Read the source article at reuters.com

Continental promotes Joerg Burfien to president of Hoosier Tire

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LAKEVILLE, Ind.—Continental Tire the Americas L.L.C. has promoted company and industry veteran Joerg Burfien to president of its Hoosier Racing Tire Corp. subsidiary, succeeding the retiring John DeSalle.

Burfien has been with Continental in various management positions since joining the company in 1998 through the international trainee program. Most recently, he was head of global standards and regulations for Continental’s Tire Division worldwide.

Read the source article at Rubber and Plastics News

Continental, Osram cut costs as autos downturn hits suppliers – Reuters

FRANKFURT (Reuters) – Auto suppliers Continental (CONG.DE) and Osram (OSRn.DE) plan deeper cost cuts after reporting weaker results on Tuesday, as a global slowdown hits the car industry. Demand in China, the world’s biggest auto market, has fallen for 15 months, while carmakers are under pressure to invest in cleaner and self-driving technologies set to reshape the industry.

Read the source article at reuters.com