There are no targets to close a specific number
of sites or cut a specific number of jobs, Degenhart said ahead
of the IAA auto show in Frankfurt.
He added that he did not expect a partial initial public
offering of Continental's Vitesco division next year, pointing
to the wider economic situation.
(Reporting by Jan Schwartz; Writing by Thomas Seythal; Editing
by Madeline Chambers)
[© 2019 Thomson Reuters. All rights
reserved.] Copyright 2019 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
Thompson Reuters is solely responsible for this content.
|