Industry 4.0 at Continental

Information on the Impact of the Coronavirus at Continental

Update: 2020-03-20

Since the outbreak of the coronavirus, our main focus has been on the health of our employees and, in addition, on maintaining our supply chains.

We have restricted business travel. Travel that is absolutely necessary for business purposes is permissible only in isolated cases and when it has been specifically approved. Trips to certain risk areas are not permitted.

We are supporting affected sites, for example by providing our employees with personal protective equipment, if available.

Furthermore, we have expanded mobile work in those countries where the virus is currently most prevalent.

For the protection of our employees and in response to the production adjustments of our customers, we are gradually adapting production in our plants around the world in coordination with our customers and suppliers, in some cases temporarily halting it completely.

The measures we have initiated now are oriented toward the respective situation in our markets and in our countries, and thus on their specific conditions and the respective regulations issued by authorities.

With the measures that have already been taken, we want in particular to protect our employees in our plants and locations in affected areas. Moreover, we are doing our part to prevent the virus from spreading even further.

With our measures, we are also adapting our cost structure to the strong decrease in call-offs from our customers. In light of the current extremely challenging market situation, we are thus ensuring our capacity to act.

We hope you understand that we cannot provide any details at present on the affected plants or the time frame of the measures. We will do so in due course as we continue our planning.

Please be understanding of the fact that we cannot provide any figures regarding costs and knock-on effects at this point in time. These are not foreseeable.

Contact

Nicole Göttlicher

Nicole Göttlicher Spokeswoman, HR Corporate Communications Phone: +49 511 938-1640 E-mail:

Henry Schniewind

Henry Schniewind Spokesman, Business & Finance Phone: +49 511 938-1278 E-mail: