New port range a taste of Conti’s expansion strategy

18th September 2013 | 12,345 Comments
 

Over the last decade or so Continental has focused heavily on its automotive businesses, and with an annual turnover of 32.76 billion euros it today ranks as the world’s third largest automotive supplier (behind Denso and Robert Bosch). But now the pendulum is swinging the other way. During a recent press conference, Nikolai Setzer outlined the company’s current strategy of investing into non-automotive areas in order to balance Continental’s footprint. The Tire division head also said investment is being undertaken to reduce vulnerability to automotive sector downturns.

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Category: Product News

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