Continental increases OE share in Europe

ERJ staff report (TB)

Geneva, Switzerland — Continental AG sold nearly 40 million passenger and light truck OE tyres in Europe last year, increasing its share of the market by about two percentage points to more than 32 percent.

At the same time, Conti “sacrificed” some of its unprofitable business in North and South America, reducing its OE share throughout the Americas to 14 percent, according to Karlheinz Evertz, global OE business manager for passenger and light truck tyres.

For 2009 Conti is forecasting fewer sales to…

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