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

  • IRD buys VDS in European expansion
    April 28, 2021
    Canadian company on acquisition trail in smart cities and traffic management segments
    Read More
  • Key business gains for Kapsch in the US and Portugal
    April 17, 2012
    Kapsch TrafficCom IVHS has been selected by the E-ZPass Group, a coalition of 24 toll agencies in 14 US states, as vendor for a new 10-year technology and services contracts, subject to individual agency approval processes. As a result of the selection, Kapsch TrafficCom IVHS will continue to provide transponders, readers, ancillary equipment and services to support the operations of members of the E-ZPass Group, who collectively operate the largest interoperable toll collection system in the world with mor
    Read More
  • Driving hydrogen fuel cell vehicles to market
    July 19, 2017
    An EU-funded project, with the support of the Fuel Cells and Hydrogen Joint undertaking (FCH JU), has installed hydrogen filling stations, tested prototype fuel cell vehicles and brought together car makers and infrastructure providers to push forward the commercial viability of this zero-emissions technology. Hydrogen fuel cell vehicles, which manufacturers aim to make commercially available from 2018, offer zero-emissions transport and function much like an electric vehicle. However, fuel cell vehicles mu
    Read More
  • Mature solutions for emerging economies
    June 8, 2015
    Siemens’ Marcus Welz talks to David Crawford about suitable ITS solutions for emerging economies. Be bold in vision - and output - and user-oriented in practice,” Marcus Welz advises emerging economies planning ITS investments. Says the Siemens Group senior vice president and global sales director for ITS: “Their road users need better, more reliable and safer trips – but without costs increasing too much. The good news is that many countries are already tackling the big issues of traffic and the environmen
    Read More

Highlighted Content