Overview
Description
Continental AG Sponsored ADR represents American Depositary Receipts of Continental AG, a leading German multinational company in the automotive manufacturing sector. These ADRs allow US investors to invest in Continental AG shares without dealing with foreign securities regulations directly. The primary function of Continental AG is to provide high-quality automotive parts, including tires, braking systems, and vehicle electronics. As a significant player in the automotive industry, Continental AG influences the production and innovation of safer and more efficient vehicles. The company also contributes to advancements in automation and electrification through its pioneering technologies. Continental AG's impact extends to several sectors, including automotive, technology, and transportation, making it a crucial component in the global supply chain. With a rich history dating back to 1871 and based in Hanover, Germany, Continental AG has established itself as a key innovator determining future trends in automotive development and sustainability. The Sponsored ADR structure enhances accessibility for investors, making it easier to participate in Continental AG's growth and innovations within the U.S. financial market.
About
CEO
Mr. Nikolai Setzer
Employees
168761
Address
Continental-Plaza 1
Hanover, 30175
Hanover, 30175
Phone
49 511 938 01
Website
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Auto Parts
Country
Germany
MIC code
XDUS