Report
Anthony Dick ...
  • Michael Foundoukidis

Continental : CFO leaves abruptly amid dieselgate probe

>CFO leaves after group becomes aware of “shortcomings” - Continental yesterday evening announced it has parted company with its CFO with immediate effect (contract was to run until 2024) after becoming aware of “shortcomings” in an internal investigation relating to the 2015 diesel emissions scandal. As a reminder, dieselgate investigations turned directly to Continental in July 2020 when the prosecutors launched a probe on the supplier on suspicion it helped V...
Underlying
CONTINENTAL AKTIENGESELLSCHAFT

Continental is an automotive industry supplier. Co.'s automotive divisions comprised of: Chassis & Safety, which develops and produces systems that provide safety and enhanced vehicle dynamics; Powertrain, which develops solutions for gasoline and diesel engines, as well as hybrid and electrical drive systems; and Interior, which provides solutions for information management within vehicles and networking between vehicles. Co.'s rubber divisions comprised of: Tires, which provides tires for passenger cars through trucks, buses and construction site vehicles to special vehicles, motorcycles and bicycles; and ContiTech, which develops products made from rubber and plastic.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Anthony Dick

Michael Foundoukidis

ResearchPool Subscriptions

Get the most out of your insights

Get in touch