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[ Thu, Mar 13th 2025 ]: autoweek
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[ Wed, Mar 12th 2025 ]: Reuters
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[ Sun, Mar 09th 2025 ]: TechRadar
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[ Thu, Mar 06th 2025 ]: JEC
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[ Thu, Mar 06th 2025 ]: Reuters
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[ Wed, Mar 05th 2025 ]: Forbes
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[ Wed, Mar 05th 2025 ]: Cars
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[ Tue, Mar 04th 2025 ]: Forbes
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[ Mon, Mar 03rd 2025 ]: Forbes
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[ Sun, Mar 02nd 2025 ]: ABC
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[ Sat, Mar 01st 2025 ]: MSN
Skoda 'to axe 6,000 jobs amid expensive roll out of electric vehicles'

Continental shares tumble on bleak 2025 autos outlook

Continental AG, a German automotive supplier, experienced a significant drop in its share prices after issuing a bleak outlook for 2025. The company cited challenges in the automotive industry, including a slower-than-expected recovery in global car production, ongoing supply chain issues, and a shift towards electric vehicles which require different components than traditional combustion engines. This transition is putting pressure on profitability as the costs for research, development, and production adjustments rise. Additionally, Continental warned that the economic environment, marked by inflation and potential recessions in key markets, could further dampen demand for automotive parts. The company's shares fell by as much as 10% following the announcement, reflecting investor concerns over the firm's future earnings and its ability to adapt to the rapidly changing automotive landscape.

Read the Full Reuters Article at:
[ https://www.msn.com/en-ca/money/other/continental-shares-tumble-on-bleak-2025-autos-outlook/ar-AA1Ae0Ze ]