Continental expects drop in European and North American car output in third quarter-March 2024-www.financetom.com

Continental expects drop in European and North American car output in third quarter

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Continental expects drop in European and North American car output in third quarter

Oct 11, 2024 12:01 AM

BERLIN (Reuters) - German automotive supplier Continental said on Tuesday that it expected global production of passenger cars and light trucks in the third quarter to fall more 3% from the second quarter but Chinese output to grow at about 4% with Chinese carmakers increasing market share.

Continental expected its own profitability to improve in the third quarter despite lower sales, it said.

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