HANOVER, Germany, July 30 (Reuters) - Continental Chief Executive Karl-Thomas Neumann was asked to agree to resign from his post, a supervisory board member told Reuters on Thursday. Neumann had recently criticised Schaeffler in a letter addressed to the German ball-bearings maker's owners and chief executive for blocking his attempts to integrate the two heavily indebted German auto part suppliers. (Reporting by Arno Schuetze)
Premium Content (PAID Subscription Required)
"Continental CEO asked to resign -source" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.