Continental makes US acquisitions

International automotive supplier Continental Corporation has acquired US racing tyre specialist Hoosier and taken a majority stake in fleet management solutions provider Zonar Systems of Seattle, as part of a programme of continued expansion.
October 6, 2016 Read time: 1 min

International automotive supplier 260 Continental Corporation has acquired US racing tyre specialist Hoosier and taken a majority stake in fleet management solutions provider Zonar Systems of Seattle, as part of a programme of continued expansion.

Hoosier Racing Tire is considered one of the largest manufacturers of racing tyres and has been working with Continental for seven years on various development and motorsport projects.

Zonar provides solutions for managing private and public commercial vehicle fleets in the North American market. Taking a majority stake in the company enables Continental to expand its presence in the US market.

Location Based Systems

Related Content

  • April 19, 2012
    First all-electric car-sharing scheme in North America to launch
    ECOtality has announced a partnership with Car2go, a subsidiary of Daimler North America Corporation, to provide electric vehicle charging infrastructure to support what is being claimed as the first 100-per cent electric car sharing programme in North America. With plans for approximately 300 Smart Fortwo electric drive vehicles, the programme in San Diego represents the largest fleet of EVs in the United States.
    Read More
  • September 9, 2015
    Global commercial telematics market ‘worth US$47.58 billion by 2020’
    According to research company MarketsandMarkets, the market for commercial telematics is expected to grow from US$20.02 billion in 2015 to US$47.58 billion by 2020. In terms of regions, Europe is expected to be the largest market in terms of market size, while Middle East & Africa and Asia-Pacific (APAC) are expected to experience an increase in market traction, during the forecast period. Latin America is expected to experience a high growth rate and adoption trend in this market.
    Read More
  • March 15, 2012
    Continental says Ethernet is car networking technology of the future
    International automotive supplier Continental has joined the OPEN Alliance SIG (One Pair Ether-Net Alliance Special Interest Group) which is dedicated to spreading the use of Ethernet networks as the standard solution for in-vehicle applications.
    Read More
  • August 7, 2018
    Motown morphs into Mobility City
    Detroit was once a byword for urban decay – but ITS America recently held its annual meeting there. This gave David Arminas a chance to assess how fast Motor City is moving down the road to recovery. Motor City, as Detroit is still called, was on its financial knees only five short years ago. The future looked bleak as the city and greater urban area bled jobs and population. It was on 18 July 2013 that Motown, as Detroit is also known, filed for Chapter 9 bankruptcy protection, the
    Read More

Highlighted Content