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Continental is a leading tire manufacturer and industry specialist that develops and produces sustainable, safe and convenient solutions for automotive manufacturers as well as industrial and end customers worldwide.
March 23, 2022 Continental brings sustainability to the Tour circuit and equips support vehicles with ContiRe.Tex technology: the polyester yarn in the casing is produced without any intermediate chemical steps from used PET bottles, which are not recycled in any other way.
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Continental brings sustainability to the Tour circuit and equips support vehicles with ContiRe.Tex technology: the polyester yarn in the casing is produced without any intermediate chemical steps from used PET bottles, which are not recycled in any other way.
Our technological strength is the basis for our success. We are the mobility and material technology group for safe, smart and sustainable solutions. Together with our customers, we are developing the central nervous system of the mobility of the future.
At its meeting today, the Supervisory Board of Continental approved the planned spin-off of Automotive and is recommending that the 2025 Annual Shareholders’ Meeting also approve this step. Subject to this approval, the future independent company is to have cash funds of €1.5 billion by the time of the spin-off, according to the Supervisory Board’s resolution, with a clear business-related allocation of opportunities and risks to the two future companies. The financing of Automotive’s operating business is also to be strengthened by a revolving credit facility of €2.5 billion.
Hanover, Germany, March 12, 2025. In its meeting today, in which Continental AG’s Supervisory Board approved the Executive Board’s decision to proceed with the spin-off of the future Automotive Group and...
