German Automakers to Phase Out Diesel, Continental Predicts

* Continental sees rapid switch to electric vehicles * Q2 profit falls 10 pct amid higher raw material costs * Sees no specific price pressures from diesel clean-up (Adds comment on diesel engines, detail and background) By Andreas Cremer BERLIN, Aug 3 (Reuters) - German carmakers are likely to stop developing new combustion engines in as little as six years as they focus investments in electric cars and self-driving technology, auto supplier Continental said. Companies such as ...


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