Recent events
Recent events tied to this brand in public sources.
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2021
Continental and Horizon sign memorandum to establish intelligent-driving joint venture
Continental and Horizon signed a memorandum of cooperation at the 2021 Shanghai Auto Show, announcing that they would jointly establish an intelligent-driving joint venture to provide ADAS and autonomous-driving hardware and software solutions.
2021
Continental introduces EPB-Si electronic parking brake system
Continental detailed its EPB-Si electronic parking brake solution for electric vehicles during an online class on March 11. The article says the product was already being used on several Volkswagen MEB-platform electric vehicle models.
2021
Volocopter announces €200 million Series D funding
Volocopter announced the signing of its Series D funding round, raising €200 million in additional capital. The company said the funding would support VoloCity certification and accelerate the launch of its first commercial routes.
2020
Continental announces planned job cuts and transfers
Continental said it planned to cut or transfer up to 13% of its employees as part of a restructuring intended to reduce costs by at least 1 billion euros annually; the reported measures could affect 30,000 jobs.
2020
Continental announces further workforce reductions
Continental announced on September 1 that it would further implement a workforce-reduction plan, with the share of positions cut expected to reach 13%. This was an announced plan, not a report that the layoffs had been completed.
2020
Continental says it cannot provide 2020 guidance
Continental said uncertainty about the duration and severity of the pandemic made it unable to provide guidance for fiscal 2020.
2020
Continental reports first-quarter 2020 results
Continental published preliminary key figures for the first quarter of 2020, reporting consolidated sales of €9.8 billion and an adjusted EBIT margin of 4.4%.
2020
Genesis GV80 to feature a 3D instrument cluster
The article reports that the Genesis GV80 will feature a 3D instrument cluster jointly developed by Hyundai and Continental, described as the first such cluster in a production car.
2020
Etongtong and Continental entered strategic cooperation
Etongtong and Continental Group subsidiary Continental Investment (China) reached a strategic cooperation agreement to work in China on smart cities, smart mobility and connected vehicles. Etongtong will provide China-compliant map data and related services to Continental.
2019
Evergrande announces strategic cooperation with automotive suppliers
Evergrande announced strategic cooperation with more than 60 automotive suppliers, including Bosch, Continental and ZF, covering the automotive-parts supply chain to accelerate its development in the new-energy vehicle sector.