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Continental mulls options for major reorganisation

Frankfurt, Germany – German automotive and tire supplier Continental AG has confirmed that it is in “early stages” of talks about a structural overhaul in a bid to increase agility as new and disruptive technologies become increasingly dominant in the car industry.

“We confirm media reports that we are in the early stages of analysing how our organisation can become even more flexible in response to the fast changing environment in the automotive industry,” said a group statement issued 9 Jan.

“In this process we are being supported…

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