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Continental Teams With Cisco to Cooperate on Connectivity

Aug. 6 (Bloomberg) -- Continental AG, Europe’s second-largest auto-parts maker, is teaming with Cisco Systems Inc. to work on developing technology for connected vehicles.

“We believe that the Internet does not just come into the car, but that the car becomes a part of the Internet,” Continental Chief Executive Officer Elmar Degenhart said in a statement. “We think the best way to unlock the opportunities of the connected vehicle is to look for collaborations.”

Continental and Cisco, the biggest maker of networking equipment, today are showcasing a connected vehicle at the Center for Automotive Research’s annual seminar in Traverse City, Michigan. Internet connectivity has become critical for carmakers as customers demand vehicles with more technology.

Stuttgart, Germany-based Daimler AG will provide live traffic information and a Wi-Fi hotspot in the next-generation Mercedes-Benz S-Class coming out later this year. The long-term objective of many automakers is to provide fully automated driving which would require a stable and secure Internet connection.

“The objective is to start development projects with carmakers as soon as possible,” Continental spokesman Sebastian Fillenberg said by phone.

To contact the reporter on this story: Angela Maier in Munich at amaier8@bloomberg.net

To contact the editor responsible for this story: Chad Thomas at cthomas16@bloomberg.net

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