Continental Tires for Sale
February 12, 2009 by Robert · Leave a Comment
All About Continental Tires: Continental is a leading maker of tires, vehicle stability systems, brake systems, engine injection systems, tachographs, and all kinds of other parts for the transport and auto industries. It's based in Hanover, German, and is the fourth largest maker of tires in the world, with Bridgestone, Michelin and Goodyear on the list ahead of it.
Founded in 1871 as a maker of rubber, this company became one of the top automotive suppliers in the world. There are six divisions in the modern Continental company - Chassis and Safety, Commercial Vehicle Tires, ContiTech, Interior, Passenger and Light Truck Tires and Powertrain. This innovative tire and auto parts and systems company has been around for more than a hundred and twenty-five years and is still going strong. (Please continue reading below...)
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More about Continental Tires from a very versatile automotive company
The company has been focusing on reducing the consumption of fuel in vehicles of all kinds. This is done using new, more efficient systems for fuel injection, hybrid systems, and fuel saving tires. The difference a tire can make in fuel efficiency is bigger than you might think.
Around the world, tires are sold under the Continental brand, with regional brands like Barum, Euzkadi, and General available as well. Almost all major producers of trucks, buses and automobiles buy from Continental, with such customers as Porsche, Volkswagen, BMW, Toyota, Honda, Volvo, Ford and others. As of August 2008, Continental has been taken over by the Schaeffler group, and is valued at twelve billion Euros. The group has restricted its stake int he company to less than fifty percent for four years, however, and is trying to preserve Continental's independence.
Continental Tire has been in the industry in North America for a comparatively short time - only since the 1980s. In 1987, it purchased general tire, following other manufacturers into the US market. The company's North American headquarters are relocating into South Carolina in 2009. Recent cuts in retiree health care and tire production have been worrying to some, but business for Continental continues to be strong, with people all over the world using their tires on their vehicles.
Continental is also working with GM to create the battery pack for the upcoming Chevy Volt. This extended range electric vehicle may be the first major plug in car in the US. Continental is one of only two teams still in the GM competition, and are the primary contractor for a Lithium-ion battery system. Continental and GM may be the companies that bring us a whole new revolution in the way we work and drive.
Tags: car tires, continental tires, suv tires, Tires, truck tires