ru24.pro
News in English
Август
2024

Roundup: German auto suppliers strained amid weakening demand

0

FRANKFURT, Aug. 8 (Xinhua) -- Continental, a leading German auto parts supplier, reported a slight sales decline for its automotive business during the first half of this year. This announcement comes just two days after the company revealed it is considering spinning off its automotive division.

Sales of its vehicle products went down by 3.7 percent to 9.77 billion euros (10.66 billion U.S. dollars) in the firs