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Continental AG's supervisory board approves spin-off for automotive business

Published by Global Banking & Finance Review

Posted on March 12, 2025

1 min read

· Last updated: January 24, 2026

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Continental AG Board Approves Automotive Business Spin-Off

(Reuters) - Continental AG's supervisory board on Wednesday formally approved plans for spinning-off the group's automotive business, which will have cash funds of 1.5 billion euros ($1.64 billion) before the process is completed.

Continental plans a spin-off and subsequent 100% public listing of its automotive unit on the Frankfurt stock exchange, during a tough period for the German car parts and tire maker and Europe's auto industry as a whole.

($1 = 0.9163 euros)

(Writing by Matthias Williams; Editing by Ludwig Burger)

Key Takeaways

  • Continental AG's board approved the automotive spin-off.
  • The automotive unit will have 1.5 billion euros in cash funds.
  • Plans include a public listing on the Frankfurt stock exchange.
  • The spin-off occurs during a challenging time for the industry.
  • The move impacts both Continental and the European auto sector.

Frequently Asked Questions

What is the main topic?
The main topic is Continental AG's decision to spin off its automotive business and list it on the Frankfurt stock exchange.
What is the financial status of the automotive unit?
The automotive unit will have cash funds of 1.5 billion euros before the spin-off is completed.
Why is this spin-off significant?
The spin-off is significant due to the challenging period for Continental AG and the broader European auto industry.

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