Continental

Continental is going on the offensive with respect to the central theme of the sustainability of humankind, and has set itself some ambitious goals in this respect. 

March 08, 2023 Despite the challenging macroeconomic environment, Continental achieved its adjusted sales and earnings target in fiscal 2022. The company’s performance was particularly impacted by the effects of the war in Ukraine, the restrictions due to the coronavirus pandemic in China, the ongoing semiconductor shortage and additional costs of around €3.3 billion resulting from price increases for raw materials, semi-finished products, energy and logistics. For the current fiscal year, the technology company expects higher sales and earnings, thanks in particular to rising production figures for passenger cars and light commercial vehicles and continued high cost discipline.

We discovered in 2022 that unforeseen events can change outlooks for the future within a short amount of time. The experiences we have faced over the past few months have shown us how many industries can be affected simultaneously and require a rethink within the economy. For Continental, it is critical that we set ourselves up to be crisis-resilient in times as uncertain as these. While the digital transformation is forging ahead, this calls for a reliable partner in order to shape the future together and ensure stability. Currently, nobody is able to predict which new challenges we will be faced with in 2023. One thing is certain: Continental is developing the mobility of the future and impressing with cross-industry materials expertise. We are actively helping to shape the transformation, and performance and reliability are the decisive factors for us here.

Today's advanced driver assistance systems provide the basis for the automated driving of the future. Continental is using its full innovative power to drive forward this trend and developing intelligent technologies that take over more and more driving functions – as long as the driver wants them to. The advantage: more safety, more convenience, more efficiency.

Technologies around clean and sustainable mobility are being enhanced further across the globe, with continued focus on electric and hybrid electric vehicles. Continental develops innovations to support the requirements of customers around the areas of vehicle safety, battery, sensors, braking, information management and tires, to elevate their holistic electrification journey.

More than one billion vehicles worldwide are responsible for not only increased traffic volumes, but also a rising number of accidents. To reduce the number of road deaths and amount of material damage as much as possible, Continental is always working on new systems that improve vehicle safety in all vehicle classes. Our aim: zero accidents – “Vision Zero.”

Continental connects vehicles and people with the digital world. We develop and enable holistic connectivity solutions. We provide connectivity within the vehicle itself as well as with other vehicles and the outside environment. New possibilities are also emerging from the development of intelligent transport systems. In the future, cloud-based software solutions will offer more convenience not only for the driver and passengers, but also for the transport industry.