Continental’s Automotive Sector will be Named Aumovio in the Future
Continental’s Automotive Sector will be Named Aumovio in the Future
- Aumovio combines tradition and a strong market position in the automotive industry with the ambition to shape the mobility of the future
- Following the expected approval at the Continental Annual Shareholders’ Meeting on April 25, 2025, Aumovio is scheduled to list on the Frankfurt Stock Exchange in September 2025
- Philipp von Hirschheydt, Member of the Executive Board of Continental and CEO Automotive: "We have consistently aligned automotive with future technologies and are picking up on market developments quickly, innovatively and from a strong competitive position. This means that we are consistently on our way to becoming an adaptive automotive powerhouse. Our future brand also reflects this ambition"
AUBURN HILLS, Mich.--(BUSINESS WIRE)--Continental group sector Automotive today unveiled its future name. The soon-to-be independent automotive company will be named Aumovio. The name of the new company combines the strong market position, heritage and technological expertise in the automotive industry with the ambition to shape the mobility of the future with innovations.
Continental group sector Automotive today unveiled its future name. The soon-to-be independent automotive company will be named Aumovio.
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Aumovio will offer electronic products and advanced mobility solutions for the software-defined vehicle and safe, inspiring, connected and autonomous mobility to a wide range of global customers. According to a market analysis by Berylls, Automotive expects the value of solutions per vehicle in these segments to grow by an average of 4.7 percent annually until 2029 – and more dynamically than the number of passenger cars and light commercial vehicles produced worldwide (based on market forecast by S&P Global Mobility). Following the expected approval at the Continental Annual Shareholders’ Meeting on April 25, 2025, Aumovio is scheduled to list on the Frankfurt Stock Exchange in September 2025.
"As an independent company, we gain significantly more creative power and speed. Aumovio will be characterized by a triad of technologically leading products, a consistent value creation strategy and a global synergetic network, combined with a strong local presence for our customers. Our aim is to further expand our position in the future fields and growth markets of mobility," said Philipp von Hirschheydt, Member of the Executive Board of Continental and CEO of Automotive.
Modern mobility solutions from Automotive
The future Aumovio offers highly developed electronic products and modern mobility solutions. In addition to its strong market position with innovative sensor solutions, displays, and technologically leading braking and comfort systems, Aumovio has significant expertise in software, architecture platforms and assistance systems for the rapidly growing future market of software-defined and autonomous vehicles. The Automotive group sector employs around 92,000 people and generated sales of around 19.4 billion euros in the 2024 financial year.
Continental develops pioneering technologies and services for sustainable and connected mobility of people and their goods. Founded in 1871, the technology company offers safe, efficient, intelligent and affordable solutions for vehicles, machines, traffic and transportation. In 2024, Continental generated sales of €39.7 billion and currently employs around 190,000 people in 55 countries and markets.
Contacts
Press contacts
Mary Arraf
Head of Communications, Automotive
Continental North America
Phone: +1 (248) 766-9241
Email: mary.arraf@continental.com
Press portal: www.continental-press.com
Media center: www.continental.com/media-center
