Continental CEO Eyeing Expansion Outside Europe

Newswire

BERLIN, Oct 23 (Reuters) - German auto parts and tyre maker Continental AG is banking on growth outside Europe to help offset continued weakness in its home region. "We have to concentrate more on growth opportunities outside of Europe," Chief Executive Elmar Degenhart told Reuters on the sidelines of a logistics industry conference on Wednesday, adding he did not expect a quick economic recovery in Europe. Continental is investing in adding tyre production capacity in ...

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