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

For more information on companies in this article

Related Content

  • ReachNow installs 20 public EV charging stations in Seattle
    May 23, 2017
    BMW’s ReachNow car-sharing service has installed the first of 20 Light & Charge electric vehicle (EV) charging locations in Seattle, US, as part of a US$1.2 million investment by the BMW Group. Seattle is the first city in North America to make the award-winning Light & Charge system, which turns existing streetlights into EV charging stations, available to the public.
    Read More
  • Continental eHorizon to offer real time weather information service
    April 27, 2017
    Automotive technology company Continental is working in partnership with French national weather service Météo-France on a project which will expand its electronic horizon, or eHorizon, for use as eHorizon.Weather to provide real-time weather information. Vehicles equipped with eHorizon.Weather supply exact weather information to optimise short-term forecasts and integrate real-time, location-specific weather data to alert drivers in advance of critical weather conditions. Continental is currently testing t
    Read More
  • Global ADAS market forecast
    June 23, 2015
    The latest research report by RnRMarketResearch forecasts the global ADAS market to grow at 24.97 per cent CAGR to 2019 and segments the market into seven categories: tyre pressure monitoring system (TPMS), park assistance system (PAS), adaptive cruise control (ACC), blind spot detection (BSD), night vision system (NVS), lane departure warning system (LDWS) and others (including adaptive front lighting, drowsiness monitor, forward collision warning, head-up display, and driver monitoring systems). The r
    Read More
  • Pennsylvania and Georgia contract wins for Rekor Systems
    January 29, 2024
    Firm studies vehicle patterns in Philadelphia's Navy Yard and in Metro Atlanta
    Read More

Highlighted Content