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You are here: Home1 / News2 / Product News3 / Continental to Increase Low Cost Production

Continental to Increase Low Cost Production

Date: 21st October 2005 Author: Tyrepress Editors Comments: 0

Continental is to increase its production capacity in so-called low cost European countries by 3-4 million units each year, analysts have reported. Given the fact that labour costs in Western Europe are five times higher compared to Central and Eastern Europe the Deutsche Bank analysts calculate a competitive advantage of five euros per tyre.

Related news:

  1. Rollier Gives Details of Michelin Cost Saving Plans
  2. Conti’s Discusses Building New Factory
  3. Michelin To Close French Truck Tyre Plant
  4. Continental AG Could Cut 10 per cent of its Hanover Tyre Workforce
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analysts, capacity, Continental, Deutsche Bank, Europe, production

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