UPDATE 1-Germany's Continental to end Mayfield tyre making

Newswire

(Adds details on costs, share price, analyst comment) FRANKFURT, June 30 (Reuters) - Germany's Continental AG will stop making tyres at its Mayfield, Kentucky, plant by the end of this year to cut losses at its U.S. operations, the tyre maker said late on Tuesday. The widely expected move could cost up to 140 million euros ($170.4 million), a spokesman for the automotive supplier said on Wednesday. Continental warned in late March that it might post a charge of up to 160 million euros, ...

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