Continental CFO Wolfgang Schaefer on Chip Shortage, Price Increases

The video discusses the impact of the semiconductor shortage on the automotive industry, highlighting a significant reduction in car production. It also addresses the challenges posed by rising raw material costs, particularly in rubber, and the company's financial strategies to mitigate these issues. The company is on track with its spin-off plans and anticipates strong demand for electric vehicle components. The market recovery in Europe is expected to be slower compared to the US and China.

How are price variations in raw materials impacting the business?

What is the demand outlook for electric vehicle components?

What is your perspective on the recovery of the European auto market post-COVID?