Price increase
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10/12/2007 Hanover, October 2007. The replacement tyre prices of Continental AG industrial tires will rise three to five percent as of January 1, 2008. The higher costs for energy and raw materials in 2007, which are not offset by current pricing, force Continental to make this adjustment. Continental is the only tyre manufacturer to supply a comprehensive range of industrial tyres, making it the No. 1 in Germany and Europe, and one of the top three worldwide. The Continental Corporation is a leading automotive supplier of tyres, brake systems, chassis components, vehicle electronics and technical elastomers. In 2006 the corporation realised sales of EUR14.9 billion. At present it has a worldwide workforce of approximately 89,000. The tyre divisions are an Official Sponsor of UEFA EURO 2008TM, which will be held in Austria and Switzerland in June 2008. For further details, visit the websites www.ContiSoccerWorld.de, www.ContiFanWorld.com, www.conti-online.com. Press contact Ute Weiß Udo Brandes |
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