Continental invests in German-US AI chip start-up
February 23, 2021Continental has acquired a minority stake in the German-US start-up Recogni, a company working on a new chip architecture for object recognition in real time based on artificial intelligence (AI).
Continental with another factory in Serbia
February 03, 2021According to media reports, German automotive supplier Continental will open a EUR 140 million factory in Novi Sad in northern Serbia in March 2021.
Leuze expands with new plant in Malaysia
January 29, 2021To meet the demand in the Asian markets, Leuze is currently constructing a new plant in Malacca, Malaysia, scheduled for completion in the first quarter of 2022.
VW looking to reduce financial impact of shortages
January 25, 2021The German car manufacturer is currently in talks with its suppliers regarding possible damage claims relating to the shortage of semiconductors.
Is This The Perfect Storm?
December 08, 2020As we reach the end of a difficult year managing the many challenges caused by the COVID-19 pandemic, another series of challenges is rapidly coming into focus for EMEA and North American PCB manufacturers and their supply base.
Osram manages to keep operating margin stable during 2020
November 09, 2020Osram has come through the Year of Corona rather well thanks to early and efficient measures. “We acted early and consistently. We have protected both our employees and our production. This has paid off. Our free cash flow was positive in the last fiscal year at twelve million euros. We are particularly proud of this,” said Olaf Berlien, CEO of OSRAM Licht AG.
Continental CEO to step down a head of plan
October 30, 2020After more than eleven years in office, the CEO of Continental AG Dr. Elmar Degenhart intends to resign from his position as of November 30, 2020 for reasons of "immediately essential preventive health care."
Continental automotive electronics in Karben by the end of 2024
October 01, 2020The company says it will initiate structural measures at its German locations Aachen, Karben and Regensburg as well as the termination of the joint venture with Osram.
Midsummer expands with new manufacturing facility in Europe
August 19, 2020The Swedish developer and supplier of advanced solar energy technology solutions, Midsummer, has set the stage for a future expansion. Within a year the company intends to be producing solar panels in continental Europe.
Conti takes the next steps in its transformation – will close locations
July 16, 2020The Supervisory Board of Continental AG has approved the next steps of the Transformation 2019–2029 structural program at the locations in Rubí, Spain, and Nogales, Mexico.
Continental wins serial orders for intelligent antennas and 5G connectivity
July 15, 2020As of 2023, Continental will supply two European vehicle manufacturers with intelligent antenna modules and 5G telematics units.
Vitesco and ROHM cooperate on Silicon Carbide Power Solutions
June 05, 2020The powertrain business area of Continental Vitesco Technologies and ROHM Semiconductor have recently signed a development partnership, beginning in June 2020.
Vitesco to open new R&D centre in China
April 23, 2020Vitesco Technologies, the powertrain business of Continental, will build an R&D centre in Tianjin, China.
paragon plans sale of Voltabox stake
March 03, 2020paragon plans to sell its stake in its subsidiary Voltabox AG. The options currently being weighed by the majority shareholder range from a partial sale to the sale of the entire stake.
Continental builds new plant for ADAS in the USA
February 07, 2020The German technology company Continental is planning the construction of a new plant in New Braunfels in the US state of Texas.
Mitsubishi and NTT new investors for HERE Technologies
December 31, 2019Mitsubishi Corp. and Nippon Telegraph and Telephone Corp. (NTT) of Japan are to jointly acquire a 30% ownership stake in HERE Technologies.
Veoneer joins Autonomous Vehicle Computing Consortium
November 19, 2019Veoneer has joined the Autonomous Vehicle Computing Consortium (AVCC) to speed autonomous driving vehicle development.
Vitesco supplies Electric Drive for new models of Groupe PSA and Hyundai
October 14, 2019Vitesco Technologies, the drivetrain business of Continental, has signed agreements with Groupe PSA and Hyundai to supply the first fully integrated electric axle drive system for various volume-production models.
Continental's Powertrain unit becomes Vitesco Technologies
October 04, 2019Continental's former powertrain division will now operate under the name Vitesco Technologies, effective October 1, 2019.
Continental considers spin-off of powertrain divisionLoad more news
September 03, 2019Continental’s Executive Board has decided to consider the possibility of a spin-off of the Powertrain division (to be called; Vitesco Technologies) and subsequent stock exchange listing.