At Continental, the interior design of cars is running poorly. Now the group has to write off a total of 2.5 billion euros and is therefore likely to make a loss this year.
Most of the allowances are for the car interior business, such as Continental
In the past third quarter, the Group had thus made a loss before taxes and interest (EBIT), for the year as a whole, the bottom line is expected to be red.
Operatively, the third quarter, however, the analysts' expectations met: The turnover was 11.1 billion euros.