Conti to decide on future of rubber unit in next 100 days

ERJ staff report (DS)

Hannover, Germany — In a presentation outlining the problems facing Continental AG, and the rest of the automotive supply chain, Dr Karl-Thomas Neumann, chairman of the executive Board of Continental said the company will need to present a strategic plan within the next 100 days (by the end of July). This plan will address the future of Continental’s rubber activities.

Before that plan can be formulated, however, the company needs answers to certain questions from outside agencies. Nevertheless, in the absence of…

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