/ Industry, News / German giant Continental Ag. to create 7,000 new jobs

German giant Continental Ag. to create 7,000 new jobs

Linked In Share
German giant Continental Ag. to create 7,000 new jobs

Continental AG, the leading German automotive manufacturing company specializing in tires, brake systems, automotive safety, powertrain and chassis components said it plans to increase its employee count by around 7,000 in 2014 – from 178,000 in 2013 to 185,000 by the end of the year.

The company said it plans to increase sales by 5 percent this year, from 33 billion euros to around 35 billion euros.

The Hanover based giant added 1,800 new jobs in China, 1,500 in the U.S and approximately 1,500 in Romania at Iasi, Brasov, Sibiu and Timisoara.

“Our goal in 2014 is to further develop in the growth markets,” Elke Strathmann, Continental Executive Board member responsible for HR said.

Last week Conti said it plans to invest more than 1 billion euros ($1.38 billion) by 2016 under a new investment programme. It would be the largest investment programme made by the German giant – and most of the money are expected to be spent on a new plant construction and extension as well as high-tech testing and production capacities.

Back in 2007 Continental bought Siemens VDO Automotive AG from Siemens AG, for 11.4 billion euros. It was the largest acquisition in the history of auto suppliers.
With sales of around 33.3 billion euros in 2013, Continental is one of the world’s leading automotive suppliers. Worldwide the company employs more than 170,000 workers.

by Mircea Serafim (my Google+) - Tuesday, March 18th, 2014 - filed under Industry, News. Image credit: .
Linked In Share
Related Articles
automotive jobs automotive manufacturing conti continental ag jobs new jobs tire maker


Discuss: German giant Continental Ag. to create 7,000 new jobs

Leave a Reply















Inautonews Facebook PageInautonews RSS FeedInautonews TwitterInautonews Youtube Channel

Sign up to receive our email newsletter on your email. It's safe. No spam!

Recall roundup: 1.14 million Volkswagen cars
Recall roundup: 1.14 million Volkswagen carsThe German based automaker Volkswagen has recently issued a recall for 1.14 million cars in China and the United States because ...
2015 Volkswagen Tiguan gets priced in Australia
2015 Volkswagen Tiguan gets priced in AustraliaVolkswagen has announced the official price list for the 2015 Tiguan in Australia, where the model goes in from 27,990 AUD. In ...
US: auto industry braces for upcoming cyber attacks
US: auto industry braces for upcoming cyber attacksHackers have been a plague for many businesses and industry segments since the computer revolution, but they’re now also ...
Chevrolet Colorado Sport Concept going to SEMA
Chevrolet Colorado Sport Concept going to SEMAThe North American based automaker Chevrolet has recently announced the official debut of the Colorado Sport Concept at the 2014 ...
GM and Ford expected to report positive third-quarter earnings
GM and Ford expected to report positive third-quarter earningsThis is financial week for the largest and second-biggest US automakers, with General Motors due Thursday and Ford the next day. ...
2015 Volkswagen Beetle Classic gets priced in the U.S
2015 Volkswagen Beetle Classic gets priced in the U.SThe 2015 Volkswagen Beetle Classic will be available for its future owners starting in at 20,195 USD. Volkswagen has recently ...
China: PSA and Dongfeng start the construction of their fourth plant
China: PSA and Dongfeng start the construction of their fourth plantThe French automaker’s China joint-venture partnership with domestic carmaker Dongfeng Motor has started building their fourth ...
Ferrari 458 Italia crash kills occupants
Ferrari 458 Italia crash kills occupantsA Ferrari 458 Italia crash, in Middleton, near Boston, has ended the life of the driver and the occupant. A horrific supercar ...
Porsche Cayenne tuning kit by TopCar
Porsche Cayenne tuning kit by TopCarThe aftermarket specialists from TopCar have recently created a tuning kit for the 2015 Porsche Cayenne, which is adding some ...
Chevrolet Chevelle with 980 HP by Ringbrothers going to SEMA
Chevrolet Chevelle with 980 HP by Ringbrothers going to SEMAThe first teaser image with the 980 HP Chevrolet Chevelle by Ringbrothers has been recently released as the model in question ...
2015 Nissan Pathfinder gets priced over-seas
2015 Nissan Pathfinder gets priced over-seasThe 2015 Nissan Pathfinder is now available for order in the United States where its future buyers will have to pay just 29,510 ...
EU: controversial car refrigerant might have been developed through illegal deal
EU: controversial car refrigerant might have been developed through illegal dealWe all know that the European Union had a saying in Germany’s Mercedes-Benz refusal to equip its models with a new refrigerant ...
Hyundai Genesis Twin Turbo V8 going to SEMA
Hyundai Genesis Twin Turbo V8 going to SEMAA one-off Hyundai Genesis Sedan has been recently created for the 2014th edition of the SEMA Motor Show, which will take place in ...
2015 Green Car of the Year – finalists announced
2015 Green Car of the Year – finalists announcedThe five finalists for the 2015 Green Car of the Year award have been recently announced as the big winner will be known next ...
Renault Sport R.S. 01 makes its public debut
Renault Sport R.S. 01 makes its public debutThe brand new Renault Sport R.S. 01 has recently made its public debut as it has lapped the Circuito de Jerez track in Spain in ...
Read more automotive news


2013 Frankfurt Motor Show Live Images

Chevrolet Colorado Sport concept
2015 porsche cayenne tuning topcar 1
chevrolet chevelle ringbrothers sema motor show 2014 1
renault sport r.s. 01 1
Mercedes-Benz S65 AMG tuning voltage design 1
2015 Porsche 911 GT3 RS 1
Spy-Shots of Cars
Spy-Shots of Cars
2015 ford f-150 customized sema motor show 1
2016 honda hr-v us spec 1
Mercedes-Benz S550 Premium Sport Edition 1
2016 audi a4 1

More automotive from inautonews
The German based automaker Volkswagen has recently issued a recall for 1.14 million cars in China and the United States because of a problem with the rear suspension. According to the car manufacturer, owners of these vehicles will have to take a trip back to the dealers because of a problem with ...
read more
Inautonews Editors Section
Test Drive: Mercedes-Benz A180 CDI AT
Test Drive: Mercedes-Benz A180 CDI AT The new generation of the A-Class has been around since 2012 and its overall design is quite drastic, considering its predecessor. Now, two years ...
Test Drive: Citroen C-Elysee 1.6 HDi Exclusive
Test Drive: Citroen C-Elysee 1.6 HDi Exclusive Citroen has introduced the second generation of the C-Elysee last year. The model is smaller than the C4 and it is based on the Peugeot 301, being ...
Test Drive: BMW X4 xDrive30d
Test Drive: BMW X4 xDrive30d The newest crossover to make its way into BMW’s lineup is the X4. This is based on the X3 and it is basically a smaller version of the X6, aimed ...

Editors Section
Inautonews Editors Section
2012 Safest Cars list 2011 Safest Cars [Video] 2011 IIHS Safest Cars [Video] 2011 EuroNCAP Safest Cars 2010 Safest Cars [Video]

Latest in Safety Recall roundup: 1.14 million Volkswagen carsThe German based automaker Volkswagen has recently issued a recall for 1.14 million cars in China ... US: NHTSA website crashed by motorists concerned over Takata airbag recallsThe drivers that entered the US recall-search website of the National Highway Traffic Safety ...
Safety Section