Continental And Osram Plan To End Joint Venture For Automotive Lighting Systems

The reason for this is to strengthen the business as the spun of joint venture may not survive in light of the gloomy market during the pandemic.

By Sahil Gupta

| Updated: 9 minutes ago

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Highlights

The joint venture is ending due to the pandemic
The dissolution is subject to Continental's approval
Existing customer relationships and commitments will be met