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Tag: Continental loss

Logistics, Process

Continental expects Q3 loss; powertrain spinoff slated for 2020

October 22, 2019

Via: Automotive News

FRANKFURT — Continental said on Tuesday that slower automobile production growth over the next five years had forced the supplier to book a 2.5 billion euro ($2.8 billion) impairment. The auto industry slowdown has already prompted profit warnings from various […]