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Ad-hoc News
08/19/2002 Continental Tire North America recalls tires in USA
Continental Tire North America announced a recall of around 600,000 tires.
12/06/2001 Continental examines cessation of production at Traiskirchen
The board of management at Continental AG intends to initiate the closure of the Traiskirchen factory in Austria.
09/11/2001 Change in Board Chairmanship at Continental AG
Meeting today, the Supervisory Board of Continental AG, Hanover, appointed Manfred Wennemer Chairman of the Executive Board.
04/02/2001 Continental buys TEMIC from DaimlerChrysler
Continental has concluded an agreement with Daimler Chrysler for transfer of a 60% holding in TEMIC GmbH to Continental.
07/19/2000 Continental AG decides to buy back some of its own shares
The Executive Board of Continental AG, Hannover, has decided to make use of the authorization given at the Annual General Meeting on May 19, 2000, to buy back corporate shares.
09/21/1999 Convertible Bond
With the consent of the Supervisory Board, the Executive Board of Continental AG has declared its intention to issue interest-bearing convertible bonds amounting to up to 250 million euros.
05/19/1999 Equity placement excluding subscription rights planned within the scope of capital increase
Continental AG intends to place 10,000,000 new no-par shares from a capital increase.
11/11/1998 Continental: New foothold in Mexico
Continental AG, Hannover, has agreed to acquire the tire business of Grupo Carso, Mexico, effective as of December 1, 1998.
10/27/1998 Continental with considerable improvement in earnings
Continental AG, Hannover, markedly increased its consolidated earnings before taxes by 61% to DM488 million (DM304 million a year ago).
07/27/1998 CONTINENTAL BUYS 'BRAKE AND CHASSIS' UNIT FROM ITT INDUSTRIES
A historical milestone on the way to becoming a system supplier for the global automotive industry.
 
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