Continental has set out in its new strategic "Vision 2030" program for the group sector tires, and it is focused on the systematic customer-centric alignment of the organization and all its business activities. The tires sector is targeting further profitable growth and, in a fast-changing market environment, aiming to set itself apart from the competition in respect of sustainability and through digital solutions.
The tires sector is looking to expand in the North American market as a definite growth driver for the Continental global business. In the passenger and light truck tires segment, the focus will be on growing the global business with tires for electric vehicles and ultra-high-performance tires.
In the truck and bus tire segment, the Conti360 fleet services offering will be a key driver across all regions. At the same time, Continental's specialty tire business, which covers two-wheeler and race tires, as well as tires for many different industrial applications, is also set for further growth, notably in the agricultural tires segment.
Going forward, with its premium portfolio of passenger, truck and specialty tires, Continental will continue to stand for innovative peak performance in tire technology. In the future, this will be complemented by an ever-expanding service offering and aligned even more precisely with the different customer segments.
As one of the world's largest suppliers of electronics, sensor systems and software in the mobility industry, Continental has a decisive competitive edge in this respect.
The tires sector is aiming to become the global leader for service-based digital solutions by 2030. The company already offers many fleet customers guaranteed mileage along with an extensive range of tire services whenever and wherever they are required. Then there are smart tires that permit customers to monitor their condition with the aid of sensors and software.
Continental is demonstrating added value for its customers by networking tires, sensors, telemetry data, algorithms and the cloud. The resultant smart digital solutions help to ensure that, in the future, tires are serviced or replaced precisely when necessary. This will lead to a substantial increase in safety and productivity, while at the same time cutting costs.
On top of this, in recent years Continental has pursued the targeted expansion of its worldwide production network. At the company's state-of-the-art production plants, innovations such as fully automated tire warehouses and the cross-company rollout of a global digital manufacturing system will support even more efficient and environmentally compatible production in the future.
In the U.S., the company has made significant investments in manufacturing in the last decade and continues to make further investments at the plants.