BERLIN, Sept. 1 (Xinhua) -- The German automotive supplier Continental said on Tuesday to expand its savings program, which was initiated in 2019, to save more than one billion euros (1.19 billion U.S. dollars) per year from 2023 onwards.
Continental increased its previous savings target by slightly more than 500 million euros annually due to the continuing low vehicle production globally and the worsening of the economic crisis caused by the effects of the COVID-19 pandemic, according to the company.
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