FRANKFURT, Aug. 8 (Xinhua) -- Continental, a leading German auto parts supplier, reported a slight sales decline for its automotive business during the first half of this year. This announcement comes just two days after the company revealed it is considering spinning off its automotive division.
Sales of its vehicle products went down by 3.7 percent to 9.77 billion euros (10.66 billion U.S. dollars) in the first six months this year, according to the company's first half-year 2024 results released on Wednesday. Since the end of June last year, over 3,400 jobs have been axed at the company.
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