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DETROIT - Continental AG is ahead of schedule when it comes to identifying potential cost savings from last year's purchase of Siemens VDO Automotive.
By combining the two German suppliers, Continental had expected to find $250 million in savings by 2010. Now, it expects to exceed that figure by 2010, said William Kozyra, CEO of Continental's North American operations. "Our preliminary assessment is that we will overachieve that figure,"...