Continental AG announced its global expansion plan a few days ago. The company said that in order to meet the market's strong demand for replacement tires and supporting tires, the company's tire factory has been put into full production.
A few days ago, the Continental Group stated that it is expected that the tire production of the company’s factories “cannot fully meet the anticipated long-term demandâ€.
To this end, the Continental Group has conducted large-scale investment activities in order to increase the tire production capacity of its factories. The company said that according to the expansion plan, its tire production capacity in the US-based Mount Vernon plant in Illinois and the Camacari plant in Brazil will increase by about 4 million.
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