Published by Global Banking & Finance Review®
Posted on March 12, 2025
1 min readLast updated: January 24, 2026
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Continental AG's board has approved the spin-off of its automotive business, planning a public listing on the Frankfurt stock exchange amid industry challenges.
(Reuters) - Continental AG's supervisory board on Wednesday formally approved plans for spinning-off the group's automotive business, which will have cash funds of 1.5 billion euros ($1.64 billion) before the process is completed.
Continental plans a spin-off and subsequent 100% public listing of its automotive unit on the Frankfurt stock exchange, during a tough period for the German car parts and tire maker and Europe's auto industry as a whole.
($1 = 0.9163 euros)
(Writing by Matthias Williams; Editing by Ludwig Burger)
The main topic is Continental AG's decision to spin off its automotive business and list it on the Frankfurt stock exchange.
The automotive unit will have cash funds of 1.5 billion euros before the spin-off is completed.
The spin-off is significant due to the challenging period for Continental AG and the broader European auto industry.
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