Continental AG expects good year

May 4, 2005

"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.