continental
German automotive parts maker Continental slipped to a loss in the first quarter of 2024, reporting that it went €53 million ($57 million) into the red, compared to a profit of €382 million last year. This means the company ended up with a loss of €0.27 per share, in contrast to making a profit of €1.91 per share a year ago. The adjusted operating result, or EBIT (earnings before interest and tax), was €196 million, which is 65.8% lower than the €574 million recorded last year. The adjusted EBIT margin was 2.0%, down from 5.6% last year. The company's consolidated sales stood at €9.8 billion, ...
DPA International
German automotive parts maker Continental slipped to a loss in the first quarter of 2024, reporting that it went €53 million ($57 million) into the red, compared to a profit of €382 million last year. This means the company ended up with a loss of €0.27 per share, in contrast to making a profit of €1.91 per share a year ago. The adjusted operating result, or EBIT (earnings before interest and tax), was €196 million, which is 65.8% lower than the €574 million recorded last year. The adjusted EBIT margin was 2.0%, down from 5.6% last year. The company's consolidated sales stood at €9.8 billion, ...
DPA
German automotive parts maker Continental slipped to a loss in the first quarter of 2024, reporting that it went €53 million ($57 million) into the red, compared to a profit of €382 million last year. This means the company ended up with a loss of €0.27 per share, in contrast to making a profit of €1.91 per share a year ago. The adjusted operating result, or EBIT (earnings before interest and tax), was €196 million, which is 65.8% lower than the €574 million recorded last year. The adjusted EBIT margin was 2.0%, down from 5.6% last year. The company's consolidated sales stood at €9.8 billion, ...
DPA Breaking News
Prosecutors in Germany have imposed a fine of €100 million ($107 million) on automotive supplier Continental in connection with the major diesel engine emissions manipulation scandal that rocked Germany's automotive industry. The parts maker later said it would pass on the fine to a unit spun off in 2021. Continental and other corporations have faced proceedings for negligent breach of supervisory duties from prosecutors in Hanover, where Continental is based. The diesel cheating scandal broke publicly in 2015, when regulators in the United States discovered that some Volkswagen diesel vehicle...
DPA International
Prosecutors in Germany have imposed a fine of €100 million ($107 million) on automotive supplier Continental in connection with the major diesel engine emissions manipulation scandal that rocked Germany's automotive industry. The parts maker later said it would pass on the fine to a unit spun off in 2021. Continental and other corporations have faced proceedings for negligent breach of supervisory duties from prosecutors in Hanover, where Continental is based. The diesel cheating scandal broke publicly in 2015, when regulators in the United States discovered that some Volkswagen diesel vehicle...
DPA
Prosecutors in Germany have imposed a fine of €100 million ($107 million) on automotive supplier Continental in connection with the major diesel engine emissions manipulation scandal that rocked Germany's automotive industry. The parts maker later said it would pass on the fine to a unit spun off in 2021. Continental and other corporations have faced proceedings for negligent breach of supervisory duties from prosecutors in Hanover, where Continental is based. The diesel cheating scandal broke publicly in 2015, when regulators in the United States discovered that some Volkswagen diesel vehicle...
DPA Breaking News
Prosecutors in Germany have imposed a fine of €100 million ($107 million) on automotive supplier Continental in connection with the major diesel engine emissions manipulation scandal that rocked Germany's automotive industry. Continental and other corporations have faced proceedings for negligent breach of supervisory duties from prosecutors in Hanover, where Continental is based. The diesel cheating scandal broke publicly in 2015, when regulators in the United States discovered that some Volkswagen diesel vehicles had been intentionally programmed to run cleaner during emissions testing than ...
DPA Breaking News
Prosecutors in Germany have imposed a fine of €100 million ($107 million) on automotive supplier Continental in connection with the major diesel engine emissions manipulation scandal that rocked Germany's automotive industry. Continental and other corporations have faced proceedings for negligent breach of supervisory duties from prosecutors in Hanover, where Continental is based. The diesel cheating scandal broke publicly in 2015, when regulators in the United States discovered that some Volkswagen diesel vehicles had been intentionally programmed to run cleaner during emissions testing than ...
DPA
Prosecutors in Germany have imposed a fine of €100 million ($107 million) on automotive supplier Continental in connection with the major diesel engine emissions manipulation scandal that rocked Germany's automotive industry. Continental and other corporations have faced proceedings for negligent breach of supervisory duties from prosecutors in Hanover, where Continental is based. The diesel cheating scandal broke publicly in 2015, when regulators in the United States discovered that some Volkswagen diesel vehicles had been intentionally programmed to run cleaner during emissions testing than ...
DPA International
Prosecutors in Germany have imposed a fine of €100 million ($107 million) on automotive supplier Continental in connection with the major diesel engine emissions manipulation scandal that rocked Germany's automotive industry. Continental and other corporations have faced proceedings for negligent breach of supervisory duties from prosecutors in Hanover, where Continental is based. The diesel cheating scandal broke publicly in 2015, when regulators in the United States discovered that some Volkswagen diesel vehicles had been intentionally programmed to run cleaner during emissions testing than ...
DPA International
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