Continental has officially opened its first tyres plant in China in a bid to strengthen its position in the key market.
Dr. Elmar Degenhart, CEO of the Continental Corporation, said: “Asia is one of our key growth markets. This investment is another major step into this direction, with which we are significantly enhancing our position in the automotive industry in China and in the Asia Pacific region.”
Nikolai Setzer, Executive Board member responsible for the Passenger Car and Light Truck Tires division, added: “Continental’s tyres business has been globally growing substantially for the past years in both segments, passenger and light truck tyres as well as commercial vehicletyres.
“The opening of our manufacturing plant in Hefei is a key milestone on our journey to enhancing strategic growth and further increasing our presence in China and overall in Asia.”
