Continental restructures technology unit, downsizes board


FILE PHOTO: A self-driving car of German company Continental is pictured in Hanover, Germany April 25, 2018. REUTERS/Fabian Bimmer

BERLIN (Reuters) - German car parts maker Continental announced plans for a restructuring that will combine from the start of next year business activities around connectivity, mobility, and high-performance computers, it said on Thursday.

Its tires business and the ContiTech division, focused on rubber technologies, will become independent group sectors, while its Automotive Technologies branch will split into five business areas including a new focus on smart mobility and user experience, a statement said.

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