Continental AG is cutting around 3,000 research and development jobs at its automotive unit as the German parts maker prepares to spin off the struggling business. The reductions — equating to about ...
Bankers are working on debt packages of around €2.5 billion ($2.9 billion) to back a potential acquisition of Continental AG’s industrial ContiTech unit, as a highly-anticipated sales process kicks ...
Continental AG is evaluating asset sales and will cut additional costs to protect returns and turn around its key automotive unit that’s fallen behind peers. The parts maker on Monday announced plans ...
Continental AG is considering spinning off and listing its struggling automotive business to separate it from the German parts maker’s more successful tire operations. The manufacturer is evaluating ...
Continental AG is undergoing a significant portfolio transformation, including spinning off its auto segment, making it an attractive investment opportunity. The company's tire business is a cash cow ...
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(RTTNews) - German automotive parts maker Continental AG (CTTAY.PK, CONG.DE, CON.DE) Wednesday announced preliminary results, reporting fourth-quarter consolidated sales of around 5.0 billion euros ...
Continental AG shares jumped 10% on Thursday after the German car parts manufacturer told analysts it expects strong growth in China, paired with its push to increase its margins and cut its costs, ...
FRANKFURT (Reuters) -Continental AG expects a "high double-digit million-euro" hit from U.S. tariffs in the second half of 2025, it said on Wednesday, adding this already factored in a retroactive cut ...
JPMorgan lowered the firm’s price target on Continental AG (CTTAY) to EUR 85 from EUR 100 and keeps an Overweight rating on the shares. See what stocks are receiving Strong Buy ratings from top-rated ...
The average one-year price target for Continental AG - ADR (OTC:CTTAY) has been revised to 23.66 / share. This is an increase of 24.88% from the prior estimate of 18.95 dated October 4, 2023. The ...
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/c64q39/analysis_of) has announced the addition of the "Analysis of ...