Continental AG expects good year

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"Despite the rather weak economy in the automotive industry, we still have our sights firmly set on record targets for the year as a whole," says Continental AG Chairman Mandred Wennemer.

"Our goal continues to be the achievement of new top sales and earnings figures in 2005 for the fourth time in a row, and we are well on our way there."

Continental AG officials say the Hanover, Germany-based company "boosted" its sales and earnings during the first quarter of 2005.

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