Continental Launches Chinese R&D Center

April 6, 2009
The company expects to make 25% of all sales in Asia by 2013.

Auto parts group Continental said on April 6 it has opened a new Chinese technical center after announcing that it will close plants in France and Germany.

The new research and development site is located in Jiading, near Shanghai, and was set up to test braking systems and engine management and system controls for Chinese automakers.

Around 200 engineers are expected to work at the site starting by 2011.

"It's one more milestone of the growth of Continental in China," the statement quoted the group's Asian director Jay Kunkel as saying.

Continental expects to make one quarter of all sales in Asia by 2013, he added.

The German company is already present in China and is building a new tie plant near the eastern city of Hefei.

Copyright Agence France-Presse, 2009

Popular Sponsored Recommendations

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!