2017_11_20_TurboRAXX
© Continental AG

Continental Launches Turbocharger Production in China

  • From November the cutting-edge RAAX turbocharger, in production in Europe since 2016 for the 2-liter turbocharged gasoline engine in the Audi A3, will also be built in Shanghai 
  • Chinese debut in VW’s Teramont and Tiguan SUVs
  • Turbocharger production in all three market regions by 2018

 

Regensburg/Jiading, November 20, 2017. In 2011 Continental made an instant and highly successful impact with its entry into the turbocharger market, rapidly establishing itself at the head of the field with innovative and multi-award-winning products. Now the technology company is also looking to expand its geographic footprint in this segment with the opening of its first non-European turbocharger plant at the Continental site in Jiading, a suburb of Shanghai, China. In November this new facility will start producing the cutting-edge RAAX™ turbocharger, developed by Continental for the Volkswagen Group’s EA888 Gen.3B engine platform and in production in Europe since 2016 in the Audi A3. In the Chinese market, this 2.0-liter turbocharged gasoline engine will debut in the VW Teramont SUV, followed by the VW Tiguan and other high-volume models. Meanwhile, at Continental, preparations are already under way for the next round of expansion. This is scheduled for 2018, when production of the RAAX™ turbocharger – for the same Volkswagen Group engine – will launch at a further site, the Continental plant in San Luis Potosi, Mexico.

“Right from the start, our turbocharger activities have been focused on the gasoline segment, and now this strategy has been vindicated by a sharp rise in demand for turbocharged gasoline engines,” says Wolfgang Breuer, head of Continental’s Engine Systems business unit, which includes the Turbochargers product line. “The new Chinese facility, where our latest technologies will be built to the highest quality standards, will secure us a strong position in the world’s largest automobile market. And by next year, when production will also launch in North America, we will have manufacturing bases across all three market regions, all operating to the same high standards.”

State-of-the-art technology, uniformly quality standards worldwide

The RAAX™ turbine technology developed by Continental, which first went into production in the EA888 engine platform, improves engine response and also increases efficiency. While the most common type of gasoline turbocharger today, the radial turbocharger, features a radial exhaust gas flow to the turbine wheel, the new Continental turbocharger features a radial-axial flow – hence the name RAAX™. This makes it possible to substantially reduce the size of the turbine wheels, and to reduce the mass moment of inertia by approximately 40 percent. The turbocharger therefore develops boost pressure more quickly in response to changing engine loads, and turbo lag is minimized. This greater efficiency also leads to reduced emissions. A new solution has also been implemented for the wastegate valve (which stops boost pressure rising too steeply at high engine output) based on an electronically controlled electric actuator developed by Continental.

© Continental AG

“We are entering the Chinese market with cutting-edge turbocharger technology identical to that which we are already using in Europe, to meet the strict European emissions standards,” says Udo Schwerdel, head of the Turbochargers product line at Engine Systems. The production processes too, he says, are identical to those used at the European plant in Trutnov, Czech Republic. “We use standardized production processes and manufacturing equipment across all our operations worldwide. All the core processes we developed for our highly automated production system in Trutnov will also be used in Jiading and San Luis Potosi. This will help to facilitate and speed communication, employee training and sharing of lessons learned between the plants, and will support us in our goal of ensuring benchmark quality at all our sites across the world.”

Continental employs a total workforce of approximately 1,600 people in Jiading, where a range of products are built, including ABS systems. “This plant has been operating successfully for many years, and its mechanical engineering expertise will give us a useful head start when it comes to producing turbochargers,” says Schwerdel. From its current production footprint of about 2,000 square meters, the turbocharger facility is set to expand further next year - with the construction of a new building. Continental’s total investment in the new manufacturing location will run to a high double-digit million euro sum.

Innovative, award-winning turbochargers for all power classes

Continental’s turbochargers cater to gasoline-powered car engines in all power classes. As well as RAAX™ systems, they also comprise a number of other innovative solutions. For example, Continental was the first company in the world to develop a passenger car turbocharger with aluminum turbine housing. This high-efficiency water-cooled turbocharger made its debut in 2014 in the 1.5-liter three-cylinder gasoline engine that powers the Mini 3 Hatch. Continental has also proved its capabilities in the high-performance segment, where it developed the turbocharger for the 235 PS gasoline engine in the hybrid BMW i8. This turbocharger boasts an outstanding performance-to-weight ratio, can withstand exhaust temperatures of over 1,000°C and has set new standards in terms of transient response.

The level of recognition Continental has received after only a short time working in the turbocharger market is reflected in a number of top awards. For example the Ford 1.0-liter EcoBoost gasoline engine, in which the first Continental turbocharger made its debut, was voted “International Engine of the Year” three years in a row (2012, 2013, 2014). In 2015 there was a new winner of the world’s most coveted engine award: the BMW i8 gasoline engine – with a Continental turbocharger on board.


Here you will find the turbocharger video

Contact

Simone Geldhäuser

Simone Geldhäuser Press Spokesperson Powertrain Division Continental Phone: +49 941 790-61302 Fax: +49 941 790-9961302 E-mail:

a range of timing chain kits

Continental is expanding its portfolio with a range of timing chain kits and presenting itself as a full-range provider in the area of modern drive solutions.

© Continental AG

Continental Adds Timing Chains for the Automotive Aftermarket to Its Range of Drive Components

  • Continental reacts to current market developments with timing chains in its portfolio
  • Various kits contain complete solutions for the main problematic engines
  • Targeted services round off the timing chain program

Hanover, November 2017. As an alternative to timing belts, Continental has added another product to its portfolio of drive components and, as of now, timing chains are a permanent fixture of the product range. In this way, the technology company is adapting its range of products and services to current market conditions while also offering its customers individual solutions.

The broad product portfolio makes this customer focus possible. In the area of belt drive components, the range is now almost complete. Continental has long been known as a specialist in modern drive belts and it was therefore a logical further step for the company to react to current market developments and include timing chains in its range. Here, the keyword is “full-range provider,” as Dennis Roth, project manager responsible for the new timing chain range, explains: “We are constantly evolving and now offer customers a full range of drive components. We are no longer just a belt supplier. Thanks to our many years of experience, we can also provide advice and support.”

Continental is expanding its portfolio with a range of timing chain kits and presenting itself as a full-range provider in the area of modern drive solutions. © Continental AG

​​​​​​​

Targeted services supplement the timing chains range

In its entry-level range, Continental offers 43 different timing chain kits. The range therefore covers the main vehicle applications and all problematic engines susceptible to frequent failure of the timing chain or timing chain components. The corresponding kits provide auto repair shops with a practical, complete solution as all the parts needed for repairs are included. There are no compromises on quality, with the unique five-year guarantee also applying to the timing chains and timing chain kits. To make installation easy, installation videos in the familiar “Watch and Work” series will be released especially for the market launch. The videos will shortly be available online for free and can be viewed at any time.

When does a timing chain need to be replaced?

With timing chains, the classic indication of a fault is elongation. When driving, this manifests itself in clicking noises or engine rattling. The engine light may also light up. Due to the lengthening of the chain, the control times change, which can lead to potential engine damage in modern engines. Emissions values also deteriorate dramatically, making it impossible to perform a successful emissions test, for example. To avoid such situations and high repair costs, Continental recommends replacing not only the timing chain but the entire system comprising timing chain, tensioner, tensioning rail and slide rail in the event of clicking, rattling or an illuminated engine light. This is because, in addition to the elongation of the timing chain, the chain tensioner can also be the cause of irregular engine function. The parts will fit together optimally and prevent any engine damage only if they are all replaced together.

Contact

Antje Lewe

Antje Lewe Press Spokeswoman, Head of Press & Public Relations ContiTech Division Phone: +49 511 938-1304 Cell: +49 160 4767260 E-mail:

Image: Lincoln HUD

Better image with a larger display surface in Lincoln Continental and Lincoln Navigator.

© Ford Motor Company

Continental Head-Up Display with DMD Technology Goes into Production for the First Time with Lincoln

  • Better image with a larger display surface in Lincoln Continental and Lincoln Navigator 
  • DMD technology as a bridge between head-up displays and augmented reality solutions
  • Head-up displays prevent driver distraction and provide enhanced safety and comfort

 

Babenhausen, November 14, 2017. Automotive manufacturer Lincoln Motor Company, a division of Ford Motor Company is, for the first time, putting into production Continental’s head-up display with digital micromirror device (DMD) technology to allow drivers to communicate even better with their vehicles in the future. The solution from the technology company was first integrated into the 2017 Lincoln Continental, followed by the 2018 Lincoln Navigator. Head-up displays show all relevant information in the driver’s field of vision, reducing driver distraction and therefore making a significant contribution to enhanced comfort and safety. “It is a great achievement for the entire team that our digital micromirror device technology is going into production for the first time at Lincoln. Our solution closes the gap between the classic head-up display and augmented reality head-up displays and provides a better image with a larger display area,” says Dr. Frank Rabe, head of the Instrumentation & Driver HMI business unit at Continental.

Continental head-up display with digital micromirror device technology. © Continental AG

Replacing previously used TFT LCD technology, the DMD generates graphical elements in the same way as digital cinema projectors, based on mirror optics and a picture generating unit (PGU). Thanks to an intermediate screen, sequential color management and a lens-based optical path, the image is brighter and sharper than with conventional head-up displays. The Lincoln head-up display is one of the brightest and largest in its class and allows drivers to see the display even through polarized sunglasses. Moreover, due to the increased display area, more information can be displayed, for example, from other elements of the holistic human-machine interface. These characteristics then enable Lincoln to reduce redundancy between the head-up display and cluster. The DMD technology also forms the basis for augmented reality head-up displays.

Head-up displays are a key technology in holistic human-machine interaction, enabling a wordless dialog between driver and vehicle, and displaying relevant information directly in the driver’s field of view depending on the driving situation. Drivers no longer have to look away from the road to read information from the instrument cluster, they look instead at the display on the windshield. This intuitive dialog between driver and vehicle is an important step on the road to automated driving.

Contact

Sebastian Fillenberg

Sebastian Fillenberg External Communications Interior division Sodener Strasse 9 D-65824 Schwalbach am Taunus Phone: +49 6196 87-3709 Fax: +49 6196 8779-3709 E-mail:

20171114_PP_Premium Supplier Day

The fourth joint Continental and Schaeffler Premium Supplier Day. Six companies were given Premium Supplier status and are now part of the Premium Supplier Circle.

© Continental AG

Cooperation in Purchasing between Continental and Schaeffler: Six New Suppliers Added to Premium Supplier Circle

  • Continental and Schaeffler award six more suppliers Premium Supplier status
  • In total, 32 suppliers now meet the strict premium criteria and have their Premium Suppliers status confirmed for the next two years 

 

Regensburg, Herzogenaurach. November 14, 2017. On November 8, Continental and Schaeffler staged their fourth joint Premium Supplier Day in Frankfurt am Main. Continental and Schaeffler have been cooperating in purchasing for the past eight years and every two years they select or confirm a number of joint Premium Suppliers. This year’s event was attended by 32 suppliers from nine countries.

From a total of more than 1,200 strategic suppliers, the two companies had selected 110 for systematic and comprehensive evaluation in line with predefined criteria. Along with a suitable product portfolio and high performance in terms of quality, Schaeffler and Continental’s selection criteria included logistics capabilities and global competitiveness. From among the 32 nominated suppliers who meet the demanding requirements of the automobile industry in full, six new names were added to the Premium Supplier Circle.

Continental and Schaeffler are planning to engage in even closer partnerships with their Premium Suppliers, not least in the fields of development and digitalization, with the aim of further accelerating their mutual success. To this end, in clearly defined material fields, Continental and Schaeffler are implementing a joint supplier strategy and striving to involve suppliers at an early stage of the product development process. The Premium Suppliers meet the strict evaluation criteria and are thus well placed to comply with the automakers’ ever-increasing expectations and more rigorous requirements of the entire supply chain. Increasing automation of driving functionalities, advancing digitalization and an extended portfolio of services all serve to raise the bar in terms of quality assurance, risk management, reliability, and networked crossfunctional collaboration.

Oliver Jung, Chief Operating Officer at Schaeffler, emphasized: “Digitalization means that our suppliers will soon be facing new challenges in terms of integration into the Schaeffler Production System.” And Günter Fella, Head of Purchasing at Continental Automotive, added: “At the same time, digitalization opens up opportunities for added flexibility, enhanced quality performance, and greater competitiveness.”

1.     Arnold Umformtechnik GmbH & Co. KG, Germany

2.     Dalian Demaishi Micro-Shaft Co., Ltd, China

3.     Interplex Holdings Ltd, Singapore

4.     Shanghai Global Precision Mould & Plastics Co., Ltd, China

5.     Wiesauplast Deutschland GmbH & Co. KG, Germany

6.     Knipping Kunststofftechnik King Plastic GmbH, Germany

Contact

Simone Geldhäuser

Simone Geldhäuser Press Spokesperson Powertrain Division Continental Phone: +49 941 790-61302 Fax: +49 941 790-9961302 E-mail:

expand agricultural industry

Continental is continuing to expand its business with the agricultural industry and is boosting its activi-ties with regard to automation, digitalization and sustainability in the agricultural sector.

© Continental AG

Continental Continues to Expand its Agricultural Business

Agritechnica 2017

  • Focus on the megatrends of digitalization, automation and sustainability
  • World premieres: premium radial tires produced in-house, and intelligent rubber tracks
  • Modular driver workstation and exhaust-gas aftertreatment system round off the complete range for the agricultural industry

Hanover, November 12, 2017. At Agritechnica, the leading international trade fair for agricultural technology, taking place from November 12 to 18 in Hanover, technology company Continental will be presenting its custom-made solutions for greater efficiency in the fields at Booth F19 in Hall 3. “Our future path is clearly mapped out. We will continue to expand our agricultural business and, in parallel, step up our digitalization, connectivity and automation activities,” commented Hans-Jürgen Duensing, the Continental Executive Board member who is also responsible for the off-highway segment. “Data are our seeds for the future. They are the keys to predictive maintenance concepts and are becoming increasingly important for our customers worldwide. They increase efficiency, reduce idle time, enhance operational dependability and thereby significantly cut costs.”

Enhanced efficiency is also a priority for the new premium radial tires, designed for use in the agricultural industry, and which will have their world premiere at Agritechnica. “Having the right tires is essential, for the productivity of agricultural machines, and also for the quality of the work they do,” said Nikolai Setzer, member of the Continental Executive Board and head of the Tire division. “This is why our return to the agricultural tire business also involves further expanding our complete range of highly efficient products for the agricultural industry – and thereby offering our customers genuine added value. Our commitment and long-term investment plans demonstrate that we are serious about the agricultural industry.”

Technologies for the construction industry, agricultural technology, and the handling of material: Continental's components and systems make off-highway applications safer, more efficient, cleaner, and more comfortable. © Continental AG

Engineered for Efficiency: Continental presents premium radial tires for agricultural use for the first time at a fair

The first two agricultural tires from Continental’s new premium radial tire portfolio – the Tractor70 and the Tractor85 – are celebrating their world premiere at Agritechnica. The two tires share the seal ‘Engineered for Efficiency’. Thanks to innovative bead and nylon technologies they are characterized by their robustness and durability, and also ensure a high degree of ride comfort and tractive force. The tires have been produced in the Continental plant in Lousado, Portugal, since September. The agricultural tire portfolio is to be developed to include a total 100 sizes by 2019.

Predictive maintenance and condition monitoring increase the longevity of components

Continental rubber tracks are becoming intelligent. Equipping the rubber tracks with sensor technology means that it is possible, for example, to measure and monitor the carcass temperature of the rubber tracks during use on vehicles. Targeted monitoring extends the service life of the components, increases their efficiency and lowers repair costs. The previously required speed restrictions during the transition to asphalt can therefore be minimized. Predictive maintenance also means that operators can respond to any kind of defect before it happens and replace the component accordingly. This avoids unscheduled downtime, thereby increasing the progress of work during operation. Rubber tracks give heavy tractor units such as tractors or combines a secure grip on soft, pliable soil, even with drive power exceeding 500 hp. They also reduce the compaction of soil and provide an important alternative to tires depending on the particular application.

High-resolution sensor can be used to support autonomous vehicle operation

Another highlight is the high-resolution 3D Flash LiDAR that will be available for agriculture applications. Continental offers its solid state LiDAR with various field-of-view lens options. The camera is to be used by companies interested in ground or aerial applications where high-quality 3D point cloud and high-resolution map output is required. Starting with a resolution of 128x32 pixels (4096 pixels), the lightweight sensor captures up to 30 frames per second and can be used to support autonomous vehicle operation and ‘sense’ functionality. It can also support aerial mapping, inspection and other related applications.

Experiencing the interaction of man and machine in an original driver’s cab

Increasing digitalization and automation will also impact the interaction of man and machine going forward. In an original-sized cab, Continental is showing Agritechnica visitors how an optimum human-machine interface provides drivers with workplace support and supplies them with the right information at the right time in a clear overview. The cab interior features two world premieres. The 7-inch screen of the instrumentation solution MultiViu Compact 7 shows vehicle information such as speed, engine speed and fill levels, and sends it to the smartphone via the Bluetooth module. MultiViu Media also provides extensive information. The technology platform, which comprises a monitor, radio and display controller, combines vehicle connectivity and control functions via CAN with diverse multimedia functions. Drivers can connect their smartphones to MultiViu Media and stream music or use the integrated touchscreen to control other devices in the vehicle.

Exhaust-gas aftertreatment: ready for when the Euro V emissions standard comes into force

Sustainability will become even more important going forward. The Euro V emissions standard, which comes into force from 2019, is set to tighten exhaust gas regulations even more. One of the main aims is to further reduce soot particles emitted by off-highway vehicles. Continental is introducing two solutions to cater to these requirements. The metallic catalyst substrate, which enables easy-to-integrate oval and even asymmetrical design types, forms the basis for catalytic converter systems that are mounted directly on the engine. Continental is also introducing the ring catalyst, which enables highly integrated development of a complete exhaust-gas aftertreatment system including SCR (selective catalytic reduction) in a single container. Both strategies – close to the engine and with standardized box – clean exhaust gases effectively and cover a diverse range of possible applications. In the case of agricultural and construction machinery in particular, the engines are installed into different vehicle types, with the exhaust-gas aftertreatment system having to be certified for each individual application. An exhaust-gas aftertreatment system that can be used for multiple applications therefore also results in cost savings.

Contact

Anika Hannig

Anika Hannig PR & Marketing Communications Manager Commercial Specialty Tires Phone: +49 511 938-2533 Fax: +49 511 938-2570 E-mail:

Antje Lewe

Antje Lewe Press Spokeswoman, Head of Press & Public Relations ContiTech Division Phone: +49 511 938-1304 Cell: +49 160 4767260 E-mail:

Oliver Heil

Oliver Heil Manager Media Relations Commercial Vehicles & Aftermarket Continental Phone: +49 69 7603-9406 Fax: +49 69 7603 88 9406 E-mail:

Simone Geldhäuser

Simone Geldhäuser Press Spokesperson Powertrain Division Continental Phone: +49 941 790-61302 Fax: +49 941 790-9961302 E-mail:

The intelligent and targeted management of agricultural areas

The intelligent and targeted management of agricultural areas is set to increase further over the coming years. From 2025, autonomous, fully automated and fully connected agricultural vehicles will be an increasingly common sight on farm fields.

© Continental AG

Continental Increases Focus on Automated and Autonomous Driving in the Agricultural Industry

  • From 2025, autonomous, connected and fully automated agricultural vehicles will be a common sight on farm fields

    Duensing: “The farm of tomorrow will resemble an ultra-modern technology center.”

    Intelligent, precision farming offers growth potential

    Knowhow transfer between the automotive and agricultural industries

Hanover, November 10, 2017. The technology company Continental is intensifying its activities in the field of automated and autonomous driving in the agricultural industry. From 2025, autonomous, fully automated and fully connected agricultural vehicles will be an increasingly common sight on farm fields. “The farmer of the future will no longer have to spend fifteen hours a day out on the fields during the harvesting season; instead, they will be able to control and monitor the entire harvesting process centrally from a location of their choice. The farm of tomorrow will resemble an ultra-modern technology center,” explains Hans-Jürgen Duensing – who, as a member of Continental’s Executive Board, is responsible for various segments including Off-Highway – in the run-up to Agritechnica, the world’s biggest trade fair for agricultural technology.

It is estimated that, by 2025, the world’s population will have grown to around eight billion, with this figure reaching the ten-billion mark before this century is out. “We want to do our bit to ensure that the food destined to feed the world’s population is grown sustainably and harvested efficiently. Greater connectivity, greater automation and greater digitalization in the agricultural industry are absolutely essential,” says Duensing, explaining the company’s motivation, adding: “The data that is generated will therefore become the most important seeds for the future and indispensable when it comes to refining and enhancing precision farming.”

The future strategic competitive advantage lies not only in the hardware, but also in the data analysis algorithms. Looking to the medium term, the data captured will allow Continental to offer additional services. This will help to ensure stable crop yields and protect the environment. The autonomous and automated driving of agricultural vehicles goes hand in hand here with across-the-board process automation, offering farmers real added value: Instead of driving the vehicles, the farmer of the future will take on a monitoring role, which will free up more time for planning and coordinating their farming tasks.

Agriculture as a growth industry

Activities relating to the intelligent and targeted management of agricultural areas are set to increase further over the coming years – and autonomous agricultural machinery is a key component here. External studies have shown that the market for “precision farming” – including the corresponding hardware and software – will grow by around 12 percent to approximately €4.5 billion by 2020. Due to their vast tracts of cultivable land and high technological standards, North America and Europe are set to be the fastest-growing markets.

Predictive maintenance reduces unplanned failures and boosts efficiency

In the future, data relating to the properties and characteristics of farming land will be available at all times, thereby enabling high-precision, targeted sowing. Communication between different vehicles will also help to make agricultural operations more efficient. Advanced driver assistance systems and predictive maintenance concepts are already integral elements of the agricultural industry. Sensors, for example, measure the temperatures of different components and supply real-time information about their current condition, which helps to extend the service life of components and reduce unplanned failures. Cameras and radar systems give drivers all-round visibility and generate images of the surrounding area or of areas that are otherwise difficult to see. Screens provide an at-a-glance display of all the data available and relevant to drivers. In addition to harvesting efficiency, targeted monitoring also increases the safety of people and animals and helps to protect the environment.

To achieve its goals in this sector, Continental is drawing on the technological expertise of its automotive engineers and systematically transferring this knowhow to the needs of its customers in the agricultural industry. In turn, experience from the agricultural industry is helping to support developments in the automotive industry, too. At this year’s Agritechnica, which will be held in Hanover from November 12 through 18, the technology company will be showcasing a range of selected innovations and highlights for Agriculture 4.0.

Contact

Antje Lewe

Antje Lewe Press Spokeswoman, Head of Press & Public Relations ContiTech Division Phone: +49 511 938-1304 Cell: +49 160 4767260 E-mail:

Quarter 3
© Continental AG

Continental Maintains Successful Path: Strong Growth Continues in Third Quarter

  • Sales rise by 9 percent to €32.7 billion after nine months; 7 percent growth to sales of €10.7 billion in the third quarter
  • Adjusted EBIT margin is within target range at 10.6 percent after nine months despite a burden of €400 million from increased costs of raw materials
  • Technology company confirms sales and earnings outlook for the current fiscal year
  • Automotive Group’s order intake after nine months grows by 20 percent to more than €30 billion after nine months
  • CEO Dr. Degenhart: “We are continuing our successful path and are anticipating a strong fourth quarter”

 

Hanover, November 9, 2017. Continental successfully continued its dynamic growth in the third quarter of 2017. The technology company presented its business figures for the first nine months on Thursday, confirming its annual targets: “We are steadily continuing our successful path. After nine months, we increased our sales by 9 percent to €32.7 billion. Our adjusted EBIT margin is 10.6 percent. We are therefore completely on track and will comfortably achieve our annual targets,” said Continental’s Executive Board chairman Dr. Elmar Degenhart.

Degenhart expressed his delight over the strong sales growth: “We have put our money on the right horses with our technologies for safe, efficient and intelligent mobility. We closed the third quarter with sales growth before changes in the scope of consolidation and exchange rate effects of 8 percent. This means that we once again grew much faster than our reference markets. For example, the global market for passenger cars and light commercial vehicle production grew by just 2 percent.”

Sales & EBIT © Continental AG

Degenhart expects the successful path to continue in the final quarter: “The fourth quarter will be another strong one, both in terms of sales and earnings.”

“In the third quarter, we generated an adjusted operating margin of 10.4 percent of sales. This is very decent, as we achieved this despite the negative effects that have already impacted us this year from rising raw material costs,” said CFO Wolfgang Schäfer on Continental’s earnings development.

With regard to the comparison with the same quarter of the previous year, Schäfer pointed to the low baseline of the previous year, which was reduced by €450 million by several isolated items.

Schäfer gave more detail on the confirmed sales forecast for fiscal 2017: “We continue to expect sales of more than €44 billion before exchange rate effects. We can now make a good estimate of the influence that various currencies will have on our total sales for the year. Taking these exchange rate effects into account, we expect sales of around €44 billion.” The DAX company last raised its sales projection before exchange rate effects for the year as a whole after the first six months of the fiscal year.

The company’s growth momentum is demonstrated in particular by the steady growth of incoming orders in the Automotive Group: “Compared to the same period of the previous year, the order intake after nine months has grown by 20 percent to total more than €30 billion,” explained Schäfer.

In the third quarter, products from the fields of electronics, software and sensor technology made a particular contribution to the Automotive Group’s growth. “Their share is growing continuously. They accounted for about 50 percent of the Automotive Group’s sales in 2012 – now the figure is at above 60 percent and rising,” said Schäfer.

“The Rubber Group increased its sales further in the third quarter despite a weak market environment. That is remarkable. The price increases for tires and industrial products from the first half of the year have generated their positive effect. At the same time, the earnings in the third quarter were burdened by more than €100 million from increased cost of raw materials,” Schäfer explained. Continental continues to estimate the negative effect of rising raw material prices for the Rubber Group in fiscal 2017 at €450 million. The recent development of raw material prices will not take effect until fiscal 2018.

“The winter tire business is off to a good start,” reported Schäfer. He is also pleased with the latest winter tire, the WinterContact TS 860. It once again earned outstanding scores in tests by all major automobile clubs in Germany, Austria and Switzerland.

The ContiTech division has also grown strongly again. Schäfer is content with the integration and performance of the surface specialist Hornschuch, which the company acquired in March 2017: “Hornschuch is meeting all of our expectations completely.”

In the first three quarters of 2017, Continental achieved free cash flow of €472 million and was thus €712 million short of the previous year’s figure. “We reconfirm our forecast of achieving free cash flow of around €2 billion before acquisitions at the end of the year despite the high capital expenditure required for securing our strong growth. In the fourth quarter in particular, we expect a sharp decline in working capital, which after nine months expanded by €660 million year-on-year due to our excellent growth,” Schäfer explained, adding that the growth in working capital was the main reason for the decline in free cash flow after nine months.

With regard to net indebtedness, he said: “We expect net indebtedness at the end of the year to be on a par with the previous year.” The Continental Corporation’s net indebtedness amounted to €3.3 billion after nine months of 2017. It increased by €500 million compared to the €2.8 billion at the end of 2016. Reasons for this include the distribution of the dividend of €850 million for fiscal 2016 in May 2017.

In the first nine months of 2017, capital expenditure on property, plant and equipment and software increased by 12 percent year-on-year to €1.8 billion. As a result, the capital expenditure ratio amounted to 5.5 percent after 5.3 percent in the comparative period of the previous year.

Research and development expenses increased by just under 9 percent year-on-year to nearly €2.4 billion after nine month of 2017. In relation to consolidated sales, the ratio of research and development expenses came to 7.2 percent, as in the same period of the previous year.

The gearing ratio fell to 21 percent at the end of September 2017 (same date in the previous year: 24 percent). The equity ratio amounted to 42 percent compared with 39 percent in the previous year.

As at September 30, 2017, Continental had a liquidity buffer of just under €5.2 billion, comprising more than €1.5 billion in cash and cash equivalents and more than €3.6 billion in committed, unutilized credit lines.

As at the end of the third quarter of 2017, the corporation had more than 233,000 employees, over 13,000 more than at the end of 2016. In the Automotive Group, the number of employees rose primarily in production and in research and development. Overall, there was an increase of more than 7,400 employees here. In the Rubber Group, further expansion of production capacity and sales channels, as well as the acquisition of the Hornschuch Group, led to an increase of more than 5,700 employees. Compared with the reporting date for the previous year, the total number of employees in the corporation was up by almost 14,700.

In the first nine months of this year, the Automotive Group achieved sales of €19.8 billion. The adjusted EBIT margin was 8.2 percent (same period of the previous year: sales of €18.1 billion, adjusted EBIT margin of 5.6 percent).

After the first three quarters of 2017, the Rubber Group generated total sales of €13.0 billion. The adjusted EBIT margin was 15.1 percent (same period of the previous year: sales of €11.9 billion, adjusted EBIT margin of 17.6 percent).

Click here for key figures of the Continental corporation.

© Continental AG

Contact

Henry Schniewind

Henry Schniewind Spokesman, Business & Finance Phone: +49 511 938-1278 E-mail:

Dr. Elmar Degenhart

Dr. Elmar Degenhart

© Continental AG

Electric Cars Are Not Enough: Combining Drive Technologies to Mitigate Climate Change

  • “Electric mobility is only part of the solution”: CEO Dr. Degenhart calls for an open discussion about the technologies required to reduce road-traffic CO2 emissions
  • It’s all about finding the right combination: highly efficient internal-combustion engines have proven they can be part of the environmentally friendly future combination of drive systems
  • Governments banning internal combustion technology is not the right way to go
  • The challenges of electrification: Powerful and affordable battery cells
  • Degenhart expects reliable regulations from the government

 

Berlin, November 9, 2017. Continental’s CEO Dr. Elmar Degenhart today called for an open discussion about the technology required to reduce road-traffic CO2 emissions. At the ‘Automobilwoche Kongress’ in Berlin he said, “Electric mobility is only part of the solution. To mitigate climate change effectively, we need a combination of drive systems consisting of clean diesel and gasoline engines, climate-neutral synthetic fuels and fuel cells.” He said that governments banning internal combustion technology is not the right way to go, particularly because the acceptance of new technologies among consumers cannot be enforced through political means.

When it comes to electricity generation he added, “The contribution of electric mobility to climate mitigation is highly dependent on the way the electricity is generated and the carbon footprint. In most markets, the electric drive already has a slight advantage over the internal combustion engine in terms of CO2. However, the share of electric vehicles in the global fleet is increasing relatively slowly, they will therefore only have an effect on CO2 emissions in the long term.”

At the same time, Degenhart also highlighted how important it is for the industry and governments to work together: “Technology regulations are counterproductive. It is more the job of the industry to invest in the technologies that enable us to comply with emission regulations. It therefore makes more sense for governments to promote research and development of the necessary innovations and set out a reliable long-term framework for doing so.”

Challenge posed by battery cells: billions of euros needed in investment

Degenhart sees the technological and commercial competitiveness of the battery cells as the challenge that has to be faced if millions of electric vehicles are to be launched quickly. “For example, we do not have the right cell technology at the moment. This means that today’s batteries do not meet the requirements to enable electric vehicles to break into the market. Furthermore, we need to invest billions of euros in creating sufficient battery capacity,” explained Degenhart.

For example, if electric cars needed to make up around 70 percent of all the cars and light commercial vehicles of up to six tonnes produced in 2050 to have a meaningful effect on climate-change mitigation, this would highlight the extremely high amount of investment needed. To create the required amount of battery capacity, it would be necessary to have around 165 battery factories, each with an annual production of 40 gigawatt hours. Based on today’s prices, this would require an investment of around €500 billion.

Demand for energy and raw materials will not hinder electric mobility

The production, charging and recycling of the battery systems needed for this would require the generation of around 2,500 terawatt hours of additional energy. This would equate to around a tenth of today’s global energy demand, which could be achieved with future electricity generation processes, and increases in efficiency. The same goes for the demand for raw materials – particularly lithium and cobalt, of which in theory there are sufficient amounts available. At the same time, Degenhart pointed out the issues of cobalt reserves, some of which are located in politically unstable regions.

Continental is well equipped for the change in drive technologies

Degenhart sees his company as being ideally positioned for the future of drive systems: “We are tackling the challenge of the change in drive technologies for vehicles, both with intensity and full of confidence. In the process, we are focusing on the growing demand for highly efficient, low-emission technologies for internal combustion engines as well as on electrified and all-electric drive systems.

“We are all responsible for our environment. After all, the decisions we make today will determine how we and our children live in the future. Let’s set ourselves this challenge, here and all together,” concluded Degenhart.



Contact

Dr. Felix Gress

Dr. Felix Gress Head of Corporate Communications & Public Affairs Phone: +49 511 938-1485 E-mail:

Vincent Charles

Vincent Charles Head of Media Relations Phone: +49 511 938-1364 E-mail:

MOTIV_EICMA
© Continental AG

Continental Leading the Way with All-Round Motorcycle Expertise

  • Advanced driver assistance systems improve safety and vehicle dynamics
  • Engine management offers more performance and less consumption
  • Transmission control unit impresses with smallest components and highest level of efficiency
  • Continental has been a tire pioneer since 1871


Frankfurt/Korbach/Regensburg, November 7, 2017. Efficient engine management, automatic transmission control units, individual advanced driver assistance systems and a wide range of high-tech tires: Continental is pooling its expertise on high-powered motorcycles. At this year’s EICMA international trade fair, the technology company’s 2-wheeler experts will demonstrate the technical finish with which motorcycles are heading toward a safe, dynamic and environmentally friendly future.

Vehicle dynamics and safety: advanced driver assistance systems for motorcycles

Since this January, ABS anti-lock brake systems have been mandatory for new motorcycle registrations in Europe. For over ten years, Continental has been developing and producing these systems for motorcycle manufacturers worldwide. This means that when it comes to brakes and sensors, our engineers benefit from decades of experience in the passenger car and commercial vehicles sector and can incorporate this into the broad range of advanced rider assistance systems for 2-wheelers. The top priority for developers is to preserve motorcyclists’ freedom to make decisions and to support instead of patronize them.

This guiding principle applies to all Advanced Rider Assistance Systems (ARAS) developed by Continental. In addition to the ABS, from one- to two-channel ABS with expanded functions, the team of “assistants” includes Traffic Sign Assist, Blind Spot Detection, Forward Collision Warning, Headlight Assist and Adaptive Cruise Control.

Powerful and clean: engine management and mixture formation

Less consumption, lower emissions and higher performance: With the air module engine control unit, Continental has developed control engineering that is modular in design with minimal weight and the smallest measurements and is found in many engine designs for a variety of manufacturers. This system, in a variety of configurations, also meets the requirements of the global market. For example, motorcycles with up to 250cc cylinder capacity already meet the requirements of emission standard Euro 5 expected for 2020 with the “M4L” version.

The fuel supply unit (FSU), currently used in four-stroke motorcycles and scooters with up to 150cc cylinder capacity, also shows its strengths in all operating conditions. The consistent power output of the extremely light and small piston pump reduces fuel consumption and emissions at constant pressure. As a result of its minimalist design, it can be installed in almost any position.

Quick and reliable: automated gear changes

From automatic manual transmission to fully automatic: Continental has made gear changes quicker, simpler and more precise for motorcyclists. The components for double clutch transmission (DCT) and automatic manual transmission (AMT) have small measurements, which makes them extremely flexible to install – a vital requirement in motorized 2-wheelers with their limited space for installation.

The AMT technology enables automatic gear changes without the clutch. This means that power transmission continues throughout the gear change and ignition interruption occurs within fractions of a second. The DCT version goes a step further – the gear change is fully automatic and continuously variable. The rider can intervene individually at any time by paddle shift.

Going full tilt since 1871: Continental motorcycle tires

Motorcycle radial tires are developed, tested and “baked” every day in Korbach with impressive development expertise and all-round technological innovation potential. Over 30 years ago, the Korbach plant created a milestone in the history of motorcycle tires with the “TKC 80” off-road tire for world travelers in desert sand and on gravel roads. Continuously optimized and tailored to the requirements of super enduros, it is touring the world on its fat tread lugs to this day.

The top innovations of 2018 also have a penchant for traditional elements. The ContiRoadAttack 3 CR is a road-homologated racing tire for classic sport motorcycles, while the ContiAttack SM EVO is designed for supermoto vehicles and small sport motorcycles. The entire range of tires includes the Sport, Supersport, Touring, Sport Touring, Classic, Urban and Off Road segments. A number of test wins and awards highlight the high quality of the entire range of motorcycle tires.

Press conference on Tuesday, November 7, 2017, 12:45 to 1:15 p.m.

Continental will present its state-of-the-art engine and emissions control systems, components for drive and chassis control, the entire range of advanced rider assistance systems and the 2018 motorcycle tire range at the Milan Motorcycle Show EICMA from November 7–12, 2017, in hall 15, stand S27. Advance information will be provided at the press conference on November 7, 2017 from 12:45 to 1:15 p.m. at the Continental stand. Continental experts from all divisions will be available here to answer any questions you may have.

Contact

Dr. Anne-Kathrin Bräu

Dr. Anne-Kathrin Bräu Vice President Communications Powertrain Division Phone: +49 941 790-4623 Fax: +49 941 790-994623 E-mail:

Sebastian Fillenberg

Dr. Sebastian Holzwarth Spokesperson 2-Wheeler & Powersports Phone: +49 941 790-92233 E-mail:

Heated Ring Catalyst for Non Road Mobile Machinery (NRMM)

Heated Ring Catalyst for Non Road Mobile Machinery (NRMM)

© Continental AG

Exhaust Gas Aftertreatment Solutions to Meet the Future Emissions Standards for Agricultural and Construction Machinery

Agritechnica 2017

  • Continental shows technologies for compact, highly efficient exhaust aftertreatment at Agritechnica
  • Metallic catalyst substrates with customizable cross-sections and ring catalysts provide the basis for engine-mounted, highly integrated and space-efficient catalyst solutions
  • Electrically heated catalyst maintains aftertreatment activity even in non-typical applications such as urban construction

 

Schwalbach, Lohmar, Regensburg, November 7, 2017. At Agritechnica in Hanover, the world’s leading trade fair for agricultural machinery and equipment, technology company Continental will be presenting exhaust aftertreatment solutions for agricultural and construction machinery. Continental’s solutions are designed to conform to the upcoming EU Stage V emissions standards, which from 2019 will set stricter emissions limits for non-road mobile machinery. Continental’s exhaust system sensors, selective catalytic reduction (SCR) dosing modules and metallic catalyst substrates provide the basic components for a highly efficient overall system.

Metallic catalyst substrates with customizable, easily integratable oval or even asymmetrical geometries allow the catalyst system to be mounted directly on the engine. Continental will also be displaying the ring catalyst, which makes it possible to achieve a highly integrated design in which the entire aftertreatment system, including the SCR injection system, is housed in a single box. These two strategies – direct mounting on the engine and use of a standardized box – not only ensure efficient emissions reduction but at the same time make it possible to cater to as many different vehicle applications as possible. In the agricultural and construction sectors, engines are fitted in a wide variety of vehicle types, and production volumes are usually small. For each of these applications, the aftertreatment system requires individual validation and certification. Cost savings are just one of many advantages if an aftertreatment system can be used across a wide range of applications.

“The more compact the aftertreatment system is, the more easily it can be integrated in multiple applications,” says Rolf Brück, head of the Catalytic Converters product line in Continental’s Fuel & Exhaust Management business unit. “Continental can offer all the necessary exhaust aftertreatment components for such solutions. And this means we are able to implement highly efficient Stage V systems for a wide range of applications.”

Customized geometry and intelligent nested design

EU Stage V will set stricter limits on emissions of nitrogen oxides (NOx) and particulates from non-road machinery compared with the current US Tier 4 final/CARB and EU Stage IV standards. At the same time, new trends like the use of tractors in urban or construction applications mean that the aftertreatment system must function over a wider range of operating conditions. When a tractor is used for ploughing, its engine operates close to its design point, i.e. in the most efficient operating range. In an application such as urban snow removal on the other hand, the engine will not be running at much more than idling speed. Exhaust gas aftertreatment systems must therefore be designed to function reliably under a wide spectrum of operating conditions.

As a result, exhaust aftertreatment systems for this sector are becoming ever more extensive in scope. As well as an oxidation catalyst and particulate filter, they also feature selective catalytic reduction (SCR) of nitrogen oxides (NOx), and in some cases also an ammonia slip catalyst. The SCR system in turn comprises the SCR catalyst itself and also a system for dosing and injecting the reducing agent (ideally without using a mixer), along with sensors and actuators. If these components are all to be located in close proximity to the engine, compact design is essential. “With a metallic catalyst substrate and customized geometries, Continental provides the basis for an easily integratable solution with good backpressure characteristics,” says Brück. “Our ring catalyst solution allows the catalyst to be positioned around a particulate filter. At the present time there can be few, if any, more efficient solutions to the space issue. This configuration even creates room in the box for a second SCR system. A second SCR injection helps to ensure near-complete conversion of nitrogen oxides even in full-load operation.”

In urban applications with low engine loads, a heated catalyst can ensure that NOx conversion is maintained at all times. “Since this technology too was developed by Continental, it can be seamlessly incorporated in a compact and highly integrated solution,” says Brück.

Contact

Simone Geldhäuser

Simone Geldhäuser Press Spokesperson Powertrain Division Continental Phone: +49 941 790-61302 Fax: +49 941 790-9961302 E-mail: