Conti Gains OE Strength
Continental has strengthened its position as one of Europe’s leading manufacturers of original equipment tyres for passenger cars, claiming that one in four new cars leave the factory on Continental rubber. The international vehicle industry supplier can now boast a market share of 26 per cent.
The company ranks number four worldwide in the tyre business with vehicle manufacturers, says Conti, holding a 20 per cent market share in the NAFTA countries alone. In 2004 the manufacturer boosted volume sales to the global automobile industry by 12 per cent, and posted another five per cent gain in the first six months of 2005.