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In 2006, Continental AG once again benefited from the dynamic growth in demand for winter tires for cars, which has continued unabated over several years. Last year global sales of winter tires by the international automotive supplier reached 19.1 million. This figure is 8 per cent higher than in 2005 and represents an increase of 41 per cent over 2002. According to the findings of winter tire market leader Continental, the reason for the high demand is first and foremost a further heightening of safety awareness on the part of motorists, plus the amendment to the German road traffic regulations.
"This fifth consecutive record result confirms the correctness of our approach in this attractive segment and is reassuring for the coming years, since it can be attributed to growth in several markets. In Europe these are predominantly Germany, Russia and Eastern Europe as a whole, but they also include Italy, Holland and Belgium“, explained Manfred Wennemer, Chairman of the Board at Continental AG, and also head of the Passenger and Light Truck Tires Division. “We are moreover very pleased with market developments in North America and are counting on being able to continue this positive trend."
The Continental Corporation is a leading supplier of tires, brake systems, chassis components, vehicle electronics and technical elastomers. In 2005 the corporation realised sales of EUR13.8 billion. At present it has a worldwide workforce of approximately 85,000.
The tire divisions are an Official Sponsor of UEFA EURO 2008TM, which will be held in Austria and Switzerland in June 2008, and of the UEFA Under21 Championship, to be held in Holland in June 2007. For detailed information, visit the websites www.ContiSoccerWorld.de, www.ContiFanWorld.com and www.conti-online.com
"This fifth consecutive record result confirms the correctness of our approach in this attractive segment and is reassuring for the coming years, since it can be attributed to growth in several markets. In Europe these are predominantly Germany, Russia and Eastern Europe as a whole, but they also include Italy, Holland and Belgium“, explained Manfred Wennemer, Chairman of the Board at Continental AG, and also head of the Passenger and Light Truck Tires Division. “We are moreover very pleased with market developments in North America and are counting on being able to continue this positive trend."
The Continental Corporation is a leading supplier of tires, brake systems, chassis components, vehicle electronics and technical elastomers. In 2005 the corporation realised sales of EUR13.8 billion. At present it has a worldwide workforce of approximately 85,000.
The tire divisions are an Official Sponsor of UEFA EURO 2008TM, which will be held in Austria and Switzerland in June 2008, and of the UEFA Under21 Championship, to be held in Holland in June 2007. For detailed information, visit the websites www.ContiSoccerWorld.de, www.ContiFanWorld.com and www.conti-online.com
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