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

  • July 17, 2012
    US economic stimulus package highlights ITS technology
    US Secretary of Transportation Ray LaHood talks to ITS International about economic stimulus funding and the absolute need to maintain and increase the use of technology in transportation. Of the total of $787 billion of funding announced under the American Recovery and Reinvestment Act (ARRA), the economic stimulus package which was signed into law by US President Barack Obama on 17 February 2009, $48.1 billion will go to the US Department of Transportation (USDOT). Of that, $27.5 billion is for highway in
    Read More
  • January 31, 2013
    Jenoptik expands Asia-Pacific business
    German optoelectronics group Jenoptik is expanding its business in the Asia-Pacific region with the acquisition of 100 per cent of Australian company DCD Systems, a provider of traffic safety technology based in Sydney and Melbourne. DCD was previously the sales and service partner for the Jenoptik Traffic Solutions division in Australia; Jenoptik has maintained a close working relationship with the company for more than 10 years. Within the framework of the acquisition DCD Systems will be integrated into t
    Read More
  • January 26, 2012
    Improving driver information, making in-vehicle systems a reality
    Scott J. McCormick, president of the Connected Vehicle Trade Association, considers what we have to do next to make the more widespread deployment of automotive telematics a reality
    Read More
  • February 2, 2012
    US IntelliDrive cooperative infrastructure programme
    The 'rebranding' of the US's Vehicle-Infrastructure Integration programme as IntelliDrive marks an effort to make the whole undertaking more accessible both in terms of nomenclature and technology. Shelley Row, director of the ITS Joint Program Office within USDOT's Research and Innovative Technology Administration, talks about the changes
    Read More

Highlighted Content