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Aumovio Wants to Take a Strong Position in the Market

By Lina Demmel and Claus-Peter Köth | Translated by AI 3 min Reading Time

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The soon-to-be-independent Continental business unit has presented its goals and strategy. The supplier is aiming for profitable growth and focuses on value-enhancing technology.

Continental's Automotive business unit plans to launch as an independent, publicly listed company named Aumovio in September.(Image: Continental)
Continental's Automotive business unit plans to launch as an independent, publicly listed company named Aumovio in September.
(Image: Continental)

The Continental Automotive division, which is set to launch as an independent, publicly listed company Aumovio in September, has presented its goals and strategy at a capital markets day. Aumovio plans to increase revenue to over 24 billion euros in the long term (2024: 19.6 billion euros). The company is focusing on its global presence in development and production, globally established customer relationships, as well as a clear focus on value-enhancing technology for software-defined vehicles and a safe, connected, and autonomous mobility.