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e-Motor Rotor Temperature Sensor (eRTS) technology offers more precise alternative to algorithm-based heat projection in permanent magnet synchronous EV motors
Continental made a solid start to the year. As expected, its first quarter of 2025 was significantly better than its first quarter of 2024. Despite declining automotive production in Europe and North America, the Automotive group sector achieved significantly higher earnings year-on-year. Tires also recorded a strong improvement in earnings in the first quarter. ContiTech posted an adjusted operating result roughly on a par with the previous year despite weak industrial demand. Geopolitical tensions and the potential impact of trade restrictions are causing a high degree of uncertainty about global economic development in the current fiscal year.
At its meeting today, the Supervisory Board of Continental AG appointed Roland Welzbacher (55) to the Executive Board effective August 1, 2025. Welzbacher will succeed Olaf Schick, who requested the early termination of his contract in December 2024.