BERLIN, May 6 (Reuters) - German parts supplier
Continental is well positioned to absorb the impact of
global trade tensions and the group's full-year guidance would
not automatically change in the case of further tariffs, its CFO
told Reuters on Tuesday.
"It is clear, including when we look at how solid we are
after the first quarter, if there are further tariffs or burdens
as a result, this does not mean that we automatically have to
adjust our annual outlook immediately," chief executive Olaf
Schick said.
Continental imports most of its automotive parts to the
United States from Mexico. The majority are in line with a free
trade agreement between those countries, Schick said, adding
that it was important to expand such imports.