Continental AG is facing challenges in the auto industry due to economic uncertainty. They expect a 7% drop in light vehicle production in North America for the first quarter of the year. This is influenced by new tariffs and delays in product launches. However, production in China is expected to rise.
- Production in North America may fall by 7%.
- Production in China may increase by mid-to-high single digits.
- First-quarter results will be released on May 6.
Category | Production Change |
---|---|
North America | -7% |
China | Mid to high single digits increase |