German automotive supplier Continental will invest $61.5m in a plant in Costa Rica that will make control units for engines and transmissions, it told Reuters on Wednesday.
The plant would open late next year and employ 550 people by 2011, making 1m units a year for double-clutch transmissions in the North American market by then, the news agency added.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Continental has secured the Window Displays Innovation Awardin the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.
