Continental confirms major overhaul i...

Continental confirms major overhaul is under consideration: Options are 'wide open'

Wednesday Jan 10 Read more: Automotive News

German auto parts and tire maker Continental AG said on Tuesday it was in "early stages" of talks about a structural overhaul to become more nimble amid the car industry's transition to electric and self-driving vehicles, confirming media reports. Under scenarios being discussed, Continental could create a holding company for its divisions and then list shares of the more profitable units, such as the tire business, or combine some operations with rivals, sources told Bloomberg.

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