Overview

• Continental cut its 2025 operating margin forecast for its remaining tire and industrial business to 10–11% as U.S. tariffs and a strong euro weigh on profits.
• CEO Nikolai Setzer said the company will maximize output at its three existing U.S. tire plants rather than build new facilities to offset higher import costs.
• Shareholders approved in April the plan to separate the automotive division and list it as Aumovio in September 2025 to segregate stable tire returns from growth-oriented auto technology.
• Aumovio has set long-term targets of over €24 billion in revenue and a 6–8% adjusted operating margin while initially forgoing dividend payments.
• Continental also plans to divest its Contitech industrial division by 2026 as part of its pivot to focus solely on tire manufacturing.