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Continental intends to expand market share by reducing costs-glow plug,spark plug

Continental announced in a recent report, it plans to reduce costs by several key products to expand its market share. These products include common rail systems and entry-level ABS (antilock braking system).

     Continental Executive Board member and the chassis and safety systems, Dr. Head RalfCramer said: "We plan to withstand the Asian market within the security system to sell our products and we will cooperate with the joint venture partners RicoAutoIndustries common commitment to product production. in addition, our company will develop low-cost products on the issues to negotiate with Indian suppliers. "

     RalfCramer Dr. pointed out that by 2015, more than half of the world car is expected to be produced in Asia. Continental is expected that by 2015, its sales in the Asian market will account for about one third of global sales.

     The report quoted the Continental Executive Board member and president of HelmutMatschi then Ministry of the Interior, auto parts company in India will focus on localization. Continental AG will invest about 15 billion pounds.

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