Continental finds hose testing lapses, halts relevant sales

BERLIN – German tyre and automotive components maker Continental on Monday reported shortcomings within the testing of business hoses at its ContiTech web site in Korbach within the state of Hesse.

There have been no indications of any irregularities in hoses in use by prospects at current, Continental stated, however added it had suspended gross sales and deliveries of the affected hoses till full compliance with the testing processes is ensured.

All related prospects and the accountable authorities had been knowledgeable, Continental stated.

“We've got not met the necessities in our ContiTech division within the manufacturing of hoses and contours,” CEO Nikolai Setzer stated on Monday.

Continental has been reviewing its high quality requirements for all hose sorts within the ContiTech division since February 2022, when irregularities in air-con strains for automobiles have been recognized internally.

The DAX-listed firm has pledged to rent an impartial auditor to look at the difficulty.

“Our prospects’ belief in us and our merchandise is the indispensable foundation of our enterprise,” Setzer stated, including that the aim now was to win again belief.

Final 12 months, hose manufacturing in Korbach, the place the shortcomings have been found, contributed a mid-double-digit million euro quantity to group gross sales.

On Friday, Continental stated it had revamped its compliance crew, together with making personnel and technical modifications, after discovering some components for automobile air-con methods had fallen under anticipated high quality requirements.

Beforehand, Spiegel journal had reported that the corporate had allegedly equipped soiled components for air-con methods to its prospects over 15 years and that high quality management exams had been manipulated to hide the difficulty.

A spokesperson for the corporate didn't straight reply to the alleged manipulation of exams however stated the difficulty had posed no threat to car occupants.

Post a Comment

Previous Post Next Post