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Continental is set to undergo its most far-reaching transformation in over 150 years. Continental CEO Nikolai Setzer reiterated this sentiment in his speech at today’s Annual Shareholders’ Meeting in Hanover. “This is what we are laying the groundwork for.” He highlighted Continental’s courage to embrace change and its ability to tackle challenges head-on, as demonstrated time and again in the company’s history. “Change is part of our identity,” he said.
The Continental Executive Board has today decided to make the ContiTech group sector independent. The preparatory phase that now follows will involve analyzing and assessing the possible transaction forms for independence and drawing up a timetable for implementation. The Executive Board will decide on this in the next step.
Nine of the 10 highest-volume electric vehicle manufacturers in each of the regions – Asia-Pacific, EMEA (Europe, Middle East and Africa) and the Americas – trust in tires from Continental
