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

  • March 22, 2012
    Best laid plans
    Colossal is not too bold a word to describe the scale of ITS developments currently under way in Europe. The European Commission’s ITS Action Plan has six areas of focus, each of which expands out into numerous projects involving a lot of leg work by various committees, working groups or consultants. Add to that the supporting work and research efforts of the many parts of Ertico (ITS Europe); plus each of the 27 European Union member states is working on ‘transition’ of the EU’s ITS Directive into their ow
    Read More
  • August 4, 2016
    German companies to develop new LiDAR technology for autonomous cars
    German automotive supplier ZF has acquired a 40 per cent stake in Hamburg-based Ibeo Automotive Systems, a specialist in LiDAR technology and the development of environmental recognition software with a particular focus on applications for autonomous driving. The two companies plan to develop the next generation of LiDAR technology for vehicle applications and autonomous driving, without the rotating mirrors contained in current LiDAR systems. According to ZF, LiDAR expands its current sensor portfo
    Read More
  • September 11, 2013
    Sparking an interest in EVs – the electric racing car
    President of motorsport’s governing body, the Fédération Internationale de l’Automobile (FIA), Jean Todt and Alejandro Agag, CEO of Formula E Holdings revealed the much-anticipated new Spark-Renault SRT01E fully-electric Formula E single-seat racing car during the opening day of the 65th International Frankfurt Motor Show. The SRT01E has been designed and built by Spark Racing Technology, together with a consortium of the leading manufacturers in motorsport, and will compete in the inaugural FIA Formula
    Read More
  • April 30, 2020
    Intelligent powertrains could make cost cuts
    Intelligent vehicle powertrains could be a way of making substantial cuts in operating costs and emissions. David Crawford looks at some far-reaching initiatives in Europe and North America
    Read More

Highlighted Content