Dow Jones- The automotive of Continental will soon operate independently under the name Aumovio. After the expected approval at the Annual General Meeting this week, the listing on the Frankfurt stock exchange for September is planned, the DAX group confirmed during the car facility in Shanghai. “As an independent company, we gain significantly more design and speed,” said Philipp von Hirschheydt, board member of Continental and CEO Automotive.
Automotive is the largest area of the group with around 92,000 employees and annual sales of around 19.4 billion euros.
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(End) Dow Jones Newswires
April 23, 2025 02:35 ET (06:35 GMT)
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