Continental Affirms Positive Targets for Year.

PR Newswire Europe, March, 2008

HANNOVER, Germany, March 13 /PRNewswire/ --

- Good Start: Corporate Figures Above Forecast in First Two Months

- Integration of Siemens VDO Going Very Well

- Optimization of Powertrain Division / Restructuring on Schedule

- No Reason to Reopen Negotiations With Siemens

Having gotten off to a very convincing start in the new year, Continental AG, Hannover, confirms its targets for 2008. "We shall set forth our streak of success," stressed Continental's CEO Manfred Wennemer in Hanover on Thursday. "In the first two months our sales and results far exceeded our forecasts and were well ahead of the previous year's figures. We reaffirm our prognosis:

- overall sales of more than EUR26.4 billion;

- a...

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