Continental expects 3% y/y increase in auto production in China in 2016, says CFO - report

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To add 7,600 square metres of floor space at Chinese plant to raise capacity for Electronic Parking Brake

Continental expects auto production in China to be flat for the rest of 2015 and increase 3-5% in 2016, said Bloomberg quoting Wolfgang Schaefer, Continental's chief financial officer. Devaluation of the yuan

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