Continental News Updates

Business, Technology, Equipment

Continental Appoints New CFO Ahead of Parts Maker’s Overhaul

Continental appointed company veteran Roland Welzbacher to succeed Olaf Schick as CFO as the German manufacturer sheds units to focus on its more profitable tires business.

April 25, 2025
Business, Technology, Equipment

Continental to Offload ContiTech Industrial Unit

Continental AG is returning to its roots, abandoning decades of expansion into auto and industrial parts to focus on its more profitable tires business.

April 8, 2025
Government, Business, Equipment

Continental to Pass Along Tariff Costs to Customers

Continental AG will try to pass on the cost of tariffs imposed by President Donald Trump to its customers, according to the German parts maker’s finance chief.

March 4, 2025
Business, Equipment

Continental to Cut 3,000 Jobs to Slash Costs at Auto Unit

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.

February 18, 2025
Business, Technology, Equipment

Continental Sees Tough Climate in Auto Unit’s Spinoff Year

Continental AG said its automotive unit will struggle to increase sales this year as the German supplier pushes ahead with plans to spin off the ailing division despite the car industry downturn.

January 28, 2025
Business, Technology, Equipment, Autonomous, TCA

Aurora Partners With Nvidia, Continental on Driverless Trucks

SANTA CLARA, Calif. — Autonomous tech company Aurora announced a long-term strategic partnership with Continental and Nvidia to deploy driverless trucks at scale, powered by Nvidia Drive.

January 7, 2025
Business, Equipment

Continental CFO to Step Down for Mercedes Role

Continental AG Chief Financial Officer Olaf Schick will step down from his post next year to join carmaker Mercedes-Benz Group AG.

December 11, 2024
Business, Equipment

Continental Launches Longhaul Drive Tire

Continental launched a new longhaul drive tire for the U.S. market.

December 9, 2024
Business, Technology

Continental Picks Goldman, JPMorgan for Car Parts Spinoff

Continental AG has lined up banks to help with the separation of its struggling car parts business, moving ahead with the plans despite recalls related to faulty braking systems it supplied.

October 8, 2024
Government, Business, Equipment, TCA

Continental Tire to Open First US Distribution Center

Continental Tire announced Sept. 19 that Dallas-Fort Worth would be home to the company’s first fully owned tire distribution center in the United States.

September 20, 2024