Instead of rectifying quality issues affecting hoses produced at the ContiTech plant in Korbach, Germany, someone allegedly chose to address the problem by systematically manipulating test results. Continental uncovered this potential fraud during an internal investigation, and authorities are now on the case.
The entire sales management team within Continental’s tyre business in China has been removed from their duties, and an investigation has begun into allegations of corruption. German financial daily Handelsblatt reported yesterday that a number of managers allegedly “personally enriched” themselves through business transactions. Continental declined to officially comment on the situation as the investigation is not yet complete.
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