Electronics Production | April 26, 2007
Continental expands Automotive Electronics Unit in Hungary
German Automotive Components Supplier Continental AG plans to start producing new Electronic Stability Control (ESC) sensor clusters at its Veszprém unit in Hungary.
Continental will invest an undisclosed amount into its Veszprém plant to boost output of Electronic Stability Control (ESC) sensor clusters and wheel speed sensors. Low labour costs and Research and Development close to European customers were the key reasons to make this decision to enhance capacities and bring new production to Hungary, local media portfolio reports.