Continental to phase out activities at Gifhorn plant by 2027
Continental AG (Continental) announced its plan to phase out business activities at its Gifhorn plant in Germany by 2027 as the profitability of this plant could not be ensured against the backdrop of the sharp rise in cost pressure within the automotive industry. Other key reasons included declining automotive marke....
This news is for paid members only.
If you register as a free member, you can read the rest of this article for a limited time.
In addition, you can also enjoy the following content for free:
- Market & Tech Reports
- Global automotive production/sales
- Launch schedule forecasts
- Latest news on the automotive industry
- Market share and supply information of 300 automotive parts (Who Supplies Whom)