Auto Shows Auto supplier: At Continental, there is still a lot to clarify
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The scandal for dirty hoses is just picking up speed. Now a former Daimler man has to show what he really can.
The former Daimler man Frank Vießmann is not even in office for the supplier Continental for a year. There was a start-up time for the manager, who was head of the compliance department in the truck and bus division in Stuttgart, but did not exist in Hanover from the start. Finally, Vießmann joined the company in a turbulent phase in November last year: The supervisory board had put the then CFO Wolfgang Schäfer, who was also responsible for compliance, with immediate effect. He was accused of deficits in the internal investigation of possible exhaust gas manipulations.
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What the public had no idea at the time: Vießmann soon did not just have to familiarize himself with the topic of diesel - but also follow a second scandal about dirty hoses. At first it was "only" about hoses for air conditioning in cars. An employee had reported possible irregularities internally at the end of 2021.
The carmakers had specified Continental how pure the hoses should be from the inside. After all, the air conditioning systems should not clog. With production, fibers of rubber or textile, which arise, for example, get stuck when cutting the hoses. The purity is often not said to have met the individual requirements of the customers.
Vießmann's compliance department started with the internal revision. The results were not very satisfactory: the hoses are dirty than expected.
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Investigation of industrial hoses expanded
That is why the company has expanded the investigation. Vießmann's department is now also checking the business with industrial cocks. Insiders attest the compliance boss a quiet but hard hand. The result, on the other hand, was less reassuring: it was shown, according to Conti, that "the proposed norms for test processes of industrial chaden at the Contitech location Korbach had not always been observed". It is no longer about customer specifications, but not about not observed DIN and ISO standards. As a result,
recently informed its customers about the mistakes: customers are mainly intermediate dealers who continue to sell industrial hoses. In the end customers, these are used as refueling, water and steam lines. Customers come from mechanical engineering, the chemical industry and the beverage industry.
The sale and delivery of the affected hoses from Korbach was suspended. The immediate economic damage, it is said, is limited to the time: In 2021, the hose production in Korbach contributed a medium two -digit million amount to the group sales, which in turn was 33.8 billion euros.
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much more crucial, according to Insider, is the "PR disaster". The share also crashed first. The time must now show whether the stock exchange is right: Because it is still open, according to an insider, "what dimension" the matter in Korbach. In any case,
Continental boss Nikolai Setzer verbally laid out as a precaution: "the requirements were not met", which "does not correspond to our company-wide self-image". Trust is an "indispensable basis" of action. Now you have to regain it.
Refurbished area left
so that this works, Vießmann also has to accumulate further overtime: Insiders trust him to provide a complete education and attest him "great experience". He tackles the topic "very methodical" - and build up the area worth renovating by Schäfer with new people.
It has to work now: Because the diesel scandal and the anger for the hoses should not be added any further. CEO Setzer has to do enough with the Turnaround of the Automotive area and the semiconductor crisis.
Also read: According to a report, the supplier is said to have knowingly at the mercy of climatic aftermath. The parts are likely to have been installed in millions of cars.
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