FRANKFURT/BERLIN -- Continental said it would step up cost savings after posting a drop in adjusted profit and a 1.2 billion-euro ($1.3 billion) net loss in 2019 as worldwide vehicle demand slumped.
FRANKFURT/BERLIN -- Continental said it would step up cost savings after posting a drop in adjusted profit and a 1.2 billion-euro ($1.3 billion) net loss in 2019 as worldwide vehicle demand slumped.
Some see underutilized U.S. plants as a quick way for automakers to shift production of imported models. But doing so would be a costly, time-consuming process, experts say.