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Continental may spin off a loss-making automotive-electronics unit. The automotive-electronics unit employs around 100,000 people. A spin-off could provide competitive opportunities and investment flexibility. The board will decide by Q4, aiming for shareholder vote next year. Continental's remaining business will focus on tires and industrial solutions.
- Continental may spin off a loss-making automotive-electronics unit.
- The automotive-electronics unit employs around 100,000 people.
- A spin-off could provide competitive opportunities and investment flexibility.
- The board will decide by Q4, aiming for shareholder vote next year.
- Continental's remaining business will focus on tires and industrial solutions.
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