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

  • European tunnel safety steps up a gear
    September 19, 2017
    David Crawford reviews the latest safety systems installed in European tunnels. Blueprints for the safer road tunnels of the future are emerging fast as European operators invest in technologies to enhance travellers’ prospects of surviving an accident. Central to modern emergency planning is the principle that, following an incident, drivers should be enabled to rescue themselves and their passengers with the aid of prompt and correct identification and communication of the hazard. Roles for cooperativ
    Read More
  • Georgia DoT showcases its connectivity
    March 3, 2020
    Georgia DoT’s regional connected vehicle programme could be a model for the rest of the US. Adam Hill speaks to two men involved in making it a reality – and takes a look at the state’s first-ever Tech Showcase
    Read More
  • 2013 set to be record year for transport infrastructure deals
    November 15, 2013
    Deal values for global transactions of transport infrastructure assets including airports, ports and road operations have risen steeply since the beginning of the year with 2013 poised to be a record year for transport infrastructure deals, according to an analysis by global advisory firm KPMG. The first half of 2013 saw global deals of infrastructure assets worth US$16.6 billion, by the end of the third quarter this figure had risen to US$23.5 billion, which already exceeds total annual deal values fo
    Read More
  • Oxa & Beep deliver AV services in Florida
    February 29, 2024
    Shuttles are part of Ultimate Urban Circulator Project which includes monorail expansion
    Read More

Highlighted Content