Tuesday, June 25News That Matters

Continental Warns Weaker Markets, Electric Shift to Hit Margins

Continental Warns Weaker Markets, Electric Shift to Hit Margins

German automotive supplier Continental AG will cut costs to compensate for a drop in profitability this year due to a downturn in car markets and the industry’s costly shift from combustion engines towards electric vehicles.

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Continental Warns Weaker Markets, Electric Shift To Hit Margins
Continental Warns Weaker Markets, Electric Shift To Hit Margins
Continental Warns Weaker Markets, Electric Shift To Hit Margins
Continental Warns Weaker Markets, Electric Shift To Hit Margins
Continental Warns Weaker Markets, Electric Shift To Hit Margins

Continental Warns Weaker Markets, Electric Shift To Hit Margins

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