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At its Capital Market Day in Frankfurt am Main today, Continental confirmed the planned sale of its ContiTech group sector. The Continental Executive Board reached this decision after analyzing and assessing the possible transaction options for making the group sector independent. Subject to the approval of the Continental Supervisory Board, the sale is scheduled to take place in 2026, after the sale of ContiTech’s Original Equipment Solutions (OESL) business area, which is planned for later this year. Continental also announced the new mid-term sales and profitability potential for the Continental Group and the Tires and ContiTech group sectors.
Continental‘s new server concept is a central element for the conversion to a service-oriented electronics architecture in highly connected ID. electric cars
The majority of younger drivers in Germany see cars as a status symbol. This is a key finding of the representative mobility study conducted in August 2024 by market research institute infas on behalf of Continental in Germany, China, France, Japan and the USA. In Germany, 1,000 people aged 18 and over were surveyed about their mobility needs.