BREAKING NEWS
This content is not available in your region

Continental revises down outlook for 2019

Continental revises down outlook for 2019
FILE PHOTO: Flags of German tyre company Continental are pictured before the annual news conference in Hanover, Germany,March 7, 2019. REUTERS/Fabian Bimmer   -   Copyright  FABIAN BIMMER(Reuters)
Text size Aa Aa

FRANKFURT (Reuters) – Continental <CONG.DE> on Monday cut its 2019 outlook, citing expectations for a decline in global vehicle production and unanticipated changes in consumer demand for some products.

The German auto supplier also said that it may have to make provisions for warranty claims in the second half of the year.

(Reporting by Tom Sims, editing by Deepa Babingotn)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.