Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. Continental AG
  6. News
  7. Summary
    CON   DE0005439004

CONTINENTAL AG

(CON)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Winter Regulations for Commercial Vehicle Tires: Continental Releases Updated Overview of National Rules

09/23/2021 | 05:42am EDT
Press Release
September 23, 2021
Winter Regulations for Commercial Vehicle Tires: Continental Releases Updated Overview of National Rules
  • M+S and 3PMSF: Continental summarizes the updated regulations for winter tires in 39 countries
  • Scandinavia Generation 3 winter tire line rounds off winter portfolio
  • Retread products expand tire management offering - now also for winter tires
  • New winter brochure provides useful tire-related knowledge for the winter season
Available documents
select/deselect all
continental_pp_winter_tire_recommendations_2021_22.jpg
JPG 1.13 MB
continental_pp_winter_tire_recommendations_2021_22.jpg (small version)
JPG 143.62 KB
Download now
Winter tire recommendations for 21/22: Continental provides an overview of updated regulations for winter tires in 39 countries.

Hanover, Germany, September 23, 2021. The legal stipulations governing winter equipment on trucks and buses are quite different in many European countries. In Denmark, Italy and the Netherlands, for example, there remains no general obligation to fit winter tires on commercial vehicles. By contrast, Germany, Austria and Spain have put specific regulations in place for the fitment of winter tires. France has tightened up their winter equipment regulations for 2021 similar to Norway. With not long to go until the changeover window to winter tires, Continental has therefore compiled a summary of the current regulations - including the most important changes - for truck and bus/coach drivers and fleet managers. Continental's new brochure entitled "Tackle winter with confidence." explores the demands placed on tires by wintry road conditions and provides useful tire knowhow for the winter season. And the tire manufacturer has rounded off its wide-reaching winter portfolio with the Scandinavia Generation 3 winter tire line. These tires are designed to handle extremely tough winter conditions and boast high levels of traction without compromising on mileage. Continental provides a compelling proposition for its customers as an international solutions and service expert - with both its range of new products and an array of retreaded tires. New retread products have been added to the winter tire portfolio.

Important changes to winter tire requirements in four countries
Available documents
select/deselect all
continental_pp_new_winter_tire_brochure.jpg
JPG 1.19 MB
continental_pp_new_winter_tire_brochure.jpg (small version)
JPG 74.25 KB
Download now
Tackle winter with confidence: the new Continental brochure for the winter season.

In some of Europe's key transit countries - such as Germany, Austria, Switzerland, Belgium and Poland - no changes have been made to the winter equipment requirements for trucks and buses compared to last year. In France, winter equipment is already mandatory on specially marked roads. A new rule now explicitly refers to the 3PMSF marking instead of only to the M+S marking and affects passenger cars as well as commercial vehicles. From 1.11-31.03. at the discretion of the individual "départements" winter equipment stipulations apply on certain roads signaled by the road signs B26 [snow chains mandatory] and B58/B59 [winter tires mandatory]:

Trucks without trailers and buses must carry snow chains for fitment on at least two driven wheels or have at least two steered wheels for the main steering system and at least two driven wheels fitted with tires in M+S and 3PMSF marking (until 01.11.2024 tires with either M+S or 3PMSF specification are still accepted). Trucks with trailers must carry snow chains for fitment on at least two driven wheels.

This regulation applies from November 1 until March 31 at the discretion of the local authorities. Already since season 2020/2021, Norway requires winter tires with the 3PMSF symbol for the drive axle and the front steer axle. Free-rolling axles must be fitted with tires bearing the 3PMSF symbol or M+S marking.

Further development of the proven Scandinavia tire family
Available documents
select/deselect all
continental_pp_scandinavia_keyvisual.jpg
JPG 2.70 MB
continental_pp_scandinavia_keyvisual.jpg (small version)
JPG 117.13 KB
Download now
Tires designed to handle extremely tough winter conditions: Boast high levels of traction without compromising on mileage.

Information on winter equipment requirements is important, but choosing the right tires is even more so. Continental has rounded off its extensive range of winter tires for commercial vehicles for the winter season 2021/22 with a 22.5-inch tire. "We have developed the Scandinavia Generation 3 tire line for a broad spread of road surfaces and all weather conditions," explains Hinnerk Kaiser, Head of Tire Development at Continental. This family of tires impress with their outstanding traction in winter conditions combined with a long lifespan. Optimized compounds provide excellent grip on snow, ice and in the wet without compromising in terms of mileage, wear or tread durability. "Our two-stage siping technology offers our customers all-round safety all year round," adds Kaiser. "The tires provide secure performance in challenging weather conditions during the winter months and also help to enhance safety and efficiency in summer with their optimized rolling resistance and high mileage capability." The Scandinavia line from Continental is therefore a safe bet for all axle positions and sizes. "The high natural rubber content of our tires gives them lower rolling resistance and the required flexibility in low temperatures," says Kaiser. Optimized filler and oil content ensures better wear properties and therefore sustainability and efficiency.

Available documents
select/deselect all
continental_pp_scandinavia_gen_3.jpg
JPG 934.02 KB
continental_pp_scandinavia_gen_3.jpg (small version)
JPG 69.78 KB
Download now
The winter tire family is complete: Continental has rounded off its wide range of winter tires with the Scandinavia Generation 3 line.

This product line does everything required of a specialist tire for extreme winter use. But it also safely covers all the bases as an all-rounder for the variety of conditions presented by the winter months. The Generation 3 tires - the Conti Scandinavia HS3, HD3 and HT3 - are therefore equipped to contribute significantly to the operational safety of vehicles in a wide range of road and weather conditions. "We have pooled together our tire expertise for the Generation 3 winter tire family and employed new technologies to increase performance beyond existing boundaries," says Kaiser.

Continental provides an overview of the current regulations for winter tires at https://www.continental-tires.com/transport/products/tires/winter-truck-tires.

The Conti Scandinavia HS3 steer axle tire is offered in the following sizes: 295/80 R 22.5, 315/80 R 22.5, 315/70 R 22.5, 385/65 R 22.5, 385/55 R 22.5.

The Conti Scandinavia HD3 drive axle tire is available in the following sizes: 295/80 R 22.5, 315/80 R 22.5, 315/70 R 22.5.

The Conti Scandinavia HT3 trailer tire is offered in the following sizes: 385/65 R 22.5, 385/55 R 22.5.

Available documents
select/deselect all
210923_pr_continental_winterreifenempfehlungen_en.docx
DOCX 351.18 KB
210923_pr_continental_winterreifenempfehlungen_en.pdf
PDF 403.23 KB
continental_pp_new_winter_tire_brochure.jpg
JPG 1.19 MB
continental_pp_new_winter_tire__brochure.pdf
PDF 3.78 MB
continental_pp_scandinavia_gen_3.jpg
JPG 934.02 KB
continental_pp_scandinavia_keyvisual.jpg
JPG 2.70 MB
european_wintertire_reg_2021_en.pdf
PDF 2.98 MB
continental_pp_winter_tire_recommendations_2021_22.jpg
JPG 1.13 MB
Download now

Disclaimer

Continental AG published this content on 23 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 September 2021 09:41:06 UTC.


© Publicnow 2021
All news about CONTINENTAL AG
05:52aCONTINENTAL : New Speed Record for Continental Sports Tyres
PU
10/15CONTINENTAL AG : Gets a Neutral rating from NorldLB
MD
10/13CONTINENTAL CABIN SENSING : Interior Sensors for Sophisticated Design and Enhanced Safety
PU
10/12CONTINENTAL : Mercedes-AMG GT 63 S E PERFORMANCE Drives on Tires from Continental
PU
10/12CONTINENTAL : to supply air suspensions and compressors to independent workshops as origin..
PU
10/11TYRE TECHNOLOGIES THROUGH THE AGES : Continental looks back on its history in agricultural..
PU
10/08CONTINENTAL AG : UBS maintains a Buy rating
MD
10/08AUTOBILD : Continental's new winter tyre is the test winner and “eco champion”
PU
10/08FROM HOOF BUFFERS TO HIGH-PERFORMANC : 150 Years of Continental – 150 Years of Trans..
PU
10/07CONTINENTAL AG : Morgan Stanley remains Neutral
MD
More news
Analyst Recommendations on CONTINENTAL AG
More recommendations
Financials
Sales 2021 34 141 M 39 746 M 39 746 M
Net income 2021 1 093 M 1 272 M 1 272 M
Net Debt 2021 3 265 M 3 801 M 3 801 M
P/E ratio 2021 18,1x
Yield 2021 2,07%
Capitalization 19 493 M 22 682 M 22 693 M
EV / Sales 2021 0,67x
EV / Sales 2022 0,61x
Nbr of Employees 233 365
Free-Float 54,0%
Chart CONTINENTAL AG
Duration : Period :
Continental AG Technical Analysis Chart | CON | DE0005439004 | MarketScreener
Technical analysis trends CONTINENTAL AG
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 21
Last Close Price 98,70 €
Average target price 114,48 €
Spread / Average Target 16,0%
EPS Revisions
Managers and Directors
Nikolai Setzer Chairman-Executive Board
Wolfgang Schäfer Head-Finance, Controlling, Compliance & Law
Wolfgang W. Reitzle Chairman-Supervisory Board
Gunter Dunkel Independent Member-Supervisory Board
Siegfried Wolf Independent Member-Supervisory Board
Sector and Competitors
1st jan.Capi. (M$)
CONTINENTAL AG-8.46%22 906
DENSO CORPORATION30.83%54 959
APTIV PLC28.79%45 391
MAGNA INTERNATIONAL INC.14.66%25 116
WEICHAI POWER CO., LTD.-1.67%21 353
HYUNDAI MOBIS CO.,LTD6.46%20 943