Continental to boost overseas tyre business -paper


BERLIN, Nov 28 (Reuters) - Continental will spend 1 billion euros ($1.29 billion) through 2015 to expand its tyre business in emerging markets and the United States to narrow the gap to rivals, Handelsblatt reported on Wednesday, citing the head of the tyre division. Continental is building new tyre plants and upgrading its facilities as part of a long-term expansion plan for major emerging economies (BRIC) and the United States to catch up with competitors Bridgestone, ...

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