• Twitter
  • Facebook
  • Instagram
  • Subscribe
  • Free Newsletter
  • My Account
Tyrepress
  • 0Shopping Cart
  • NewsNews
    • Latest News
    • Company News
    • UK News
    • Product News
    • International News
    • Retreading
    • Career Tracks
    • Motorsport
    • Video
    • Tyrepress Videos
  • Data
    • Leading Tyre Manufacturers
    • Leading Retailers (UK)
    • Social Media Ranking
    • Online Branding
    • Brand Finance rankings
    • Blue Light Fleet Analysis
    • Astutus Research analysis
    • Tire Market Forecasts
  • Features
    • Goodyear to buy Cooper – special supplement
    • TPMS and Sensor Technology 2021
    • Tyre Industry Conference 2020
    • Online Tyre Business 2020
    • Kick-starting your business webinar May 2020
  • Business Directory
    • Browse Entries
    • List Your Company on the Business Directory
  • Jobs
    • Situations vacant
    • Career Tracks
  • Classifieds
  • Magazine
    • Latest Issue
    • Read Tyres & Accessories Magazine online
    • Tyres & Accessories Magazine Archive
  • Shop
    • Subscription Shop
    • Report Shop
    • Directory Shop
  • About
    • Company Profile
    • Media Information
    • Frequently Asked Questions (FAQs)
    • Legal
    • Contact Us
  • Tyre Tests
  • Search
  • Menu
You are here: Home1 / outlook

Posts

Continental revises 2022 outlook, publishes preliminary Q1 results

Company News

Due to several factors, Continental is adjusting its outlook for fiscal 2022. The company expects global production of passenger cars and light commercial vehicles to increase by between four and six per cent year-on-year in 2022, a lower rate than the six to nine per cent growth that the prior outlook (published 9 March 2022) was based on. Negative effects from cost inflation for key inputs, especially for oil-based raw materials as well as for energy and logistics for the Tires and ContiTech businesses, are also becoming significantly more material.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. A “good result” – Continental returns to the black in 2021
  2. Duty of care – Continental restarts tyre production in Russia
  3. New car registrations hit 24-year low in March
  4. War as a sales opportunity: Titan subsidiary increasing volumes in Russia
22nd April 2022/by Stephen

Cooper Tire reports 1Q2020 net loss of US$12 million, Europe and International segment bears the brunt

Company News, International News, UK News

Cooper Tire & Rubber Company has reported a first quarter 2020 net loss of $12 million, compared with net income of $7 million in same period last year. Unit volume decreased 15.8 per cent compared to the first quarter of 2019. Net sales decreased 14.1 per cent to $532 million. Operating loss was $6 million, or 1.2 per cent of net sales, compared to operating profit of $26 million, or 4.3 per cent of net sales, in 2019.

Read more

Related news:

  1. Cooper Tire Europe restarting manufacturing in Melksham
  2. Moscow office to aid Cooper’s drive into Russia
  3. Cooper announces plan to end light vehicle tyre production at Melksham
  4. Cooper Melksham cutback plans to proceed after consultation ends
7th May 2020/by Chris

Continental withdraws outlook for ‘uncertain’ 2020

Company News

The entire automotive industry has been impacted by the coronavirus pandemic, and companies are taking steps to ensure their survival. Continental has provided an update on the latest measures being implemented, including reduced working hours and displays of executive solidarity. It has also buried its outlook for 2020.

Read more

Related news:

  1. Conti: Corona bridge concept will save jobs
  2. Revisiting the past for a better future – Continental looks at Nazi era activities
  3. Continental discussing ‘need for action’ with employee representatives
  4. Bridgestone temporarily closes, slows tyre production at European factories
1st April 2020/1 Comment/by Stephen

Moody’s stabilises auto manufacturing outlook as economic recovery fuels demand

Company News, Market Info

Increased consumer car demand due to improving global economic prospects and a lowering of the rating agency’s sales growth requirements for the sector have changed the outlook on the global auto manufacturing industry over the next 12 to 18 months to stable from negative, says Moody’s Investors Service in a report (“Automotive manufacturing — Global, Outlook update: Changing outlook to stable amid improving business environment”) published 14 March.

Read more

Related news:

  1. Linglong to become first Chinese global Top 10 car tyre manufacturer by 2019 – analyst
  2. Dundee closure ‘supports Michelin’s intent to accelerate cost savings’ – analyst report
  3. Decennial shift in global PCLT tyre volume market share
  4. Quarter profit plummets at Stamford Tyres
19th March 2018/by Andrew

Continental lifts 2014 EBIT outlook

Company News

After what it says was “a successful start to the new year,” Continental Corporation has raised its adjusted EBIT outlook. “For fiscal 2014 we intend to comfortably achieve an adjusted EBIT margin of 10.5 per cent instead of the originally advised 10.0 per cent,” announced Continental CEO Dr. Elmar Degenhart at last Friday’s Annual Shareholders’ Meeting.

Read more

Related news:

  1. Continental: €44 billion in sales, 10.8% EBIT margin in 2017
  2. Continental discussing ‘need for action’ with employee representatives
  3. Continental withdraws outlook for ‘uncertain’ 2020
  4. Continental CEO Degenhart resigns
28th April 2014/by Tyrepress Editors

Popular Articles Today

© 2020 - Tyrepress
  • Twitter
  • Facebook
  • Instagram
  • WhatTyre
  • Reifenpresse
  • PneusNews
Scroll to top