Continental has a plan to let drivers look around corners

A new product designed by German supplier Continental could give vehicles and their drivers several additional sets of eyes.

Continental says its Collective Perception system allows vehicles to bring together image data from other vehicles and from sensors in roads and buildings to improve a driver’s field of sight.

For example, by using images from other vehicles or nearby traffic cameras, the system would allow a driver at a city intersection to see around the corner of a building that a bicyclist is coming their way.

Continental Generates Profit and Expects Further Improvement in Results

  • Consolidated sales of €33.8 billion (2020: €31.9 billion, +6.0 percent)
  • Adjusted EBIT of €1.9 billion (2020: €1.4 billion, +37.7 percent)
  • Adjusted EBIT margin of 5.6 percent (2020: 4.4 percent)
  • Operating result of €1.8 billion (2020: -€428 million)
  • Net income of €1.5 billion (2020: -€962 million, +€2.4 billion)

Katja Dürrfeld Named New Chief Financial Officer

  • Katja Dürrfeld appointed as new chief financial officer by the Supervisory Board with effect from December 14, 2021
  • Professor Wolfgang Reitzle, chairman of the Continental Supervisory Board: “With Katja Dürrfeld, we have appointed a very successful manager with deep ties to the company and a wealth of experience to head Finance and IT”

Continental: Well Positioned for the Future. New Structure Accelerates Market-oriented Realignment

Hanover, September 30, 2021. At its meeting today, the Supervisory Board of Continental AG approved further adjustments to the structure of the Continental Group with a focus on market developments and customer requirements. The Executive Board decided on the organizational changes in September 2021 in view of the transformation of the mobility industry.

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