July 26, 2016 12:25 AM ET

Auto Components

Company Overview of Continental Aktiengesellschaft

Company Overview

Continental Aktiengesellschaft provides products and services primarily for the automotive industry worldwide. The company’s Chassis & Safety division offers electronic and hydraulic brake systems, passive safety and sensorics, driver assistance systems, chassis components, and software solutions. Its Powertrain division offers gasoline and diesel injection systems; turbo chargers; engine management and transmission control systems, such as sensors and actuators; exhaust after treatment and fuel supply systems; and systems and components for hybrid and electric drives. The company’s Interior division provides individual components, integrated systems, and electronics for cockpit modules; inf...

Vahrenwalder Strasse 9

Hanover,  30165

Germany

Founded in 1871

212,417 Employees

Phone:

49 511 938 01

Fax:

49 511 938 81770

Key Executives for Continental Aktiengesellschaft

Chairman of the Executive Board and Chief Executive Officer
Age: 57
Total Annual Compensation: €2.5M
Member of Executive Board, Chief Executive Officer of China and President of China
Age: 50
Total Annual Compensation: €1.5M
Member of Executive Board and President of the Chassis & Safety Division
Age: 56
Total Annual Compensation: €1.5M
Head of Contitech Division and Member of the Executive Board
Age: 58
Total Annual Compensation: €976.0K
Director of Labour Relations and Member of Executive Board
Age: 47
Total Annual Compensation: €1.5M
Compensation as of Fiscal Year 2015.

Continental Aktiengesellschaft Key Developments

Continental AG and China Automotive Technology & Research Center Open Test Center in Yancheng, China

Continental AG has announced the opening of its test center in Yancheng, China. In cooperation with China Automotive Technology & Research Center (CATARC), the test center Yancheng will mainly support the testing and validation of Continental safety products and systems, such as electronic and hydraulic brake systems, advanced driver assistance systems (ADAS) and tires. The test center Yancheng, occupying 2,500 square meters in phase one, including offices and testing workshops, is Continental's newest testing facility in China after the winter test center in Heihe. It will provide Continental with a more solid foundation for technical support and product development in China.

Continental AG Unveils New VDO DLD Wide Range II

Continental AG has unveiled the new VDO DLD Wide Range II, which gives fleet operators and haulage companies direct access to a web-based service for the wireless transfer of data from the mass storage of the digital tachograph, or DTCO and from driver cards. The OEM-quality device can be installed in just a few minutes with a plug-and-play cable and it can be deployed immediately, because of the integrated SIM card for mobile communication. The hardware is already fit for the future, with telematics functions such as position recording and vehicle diagnostics via CAN or other inputs. Customers also have easy online access to data - no more installing of local applications. The system is also compatible with the WiFi-based DLD Short Range II, which downloads data from vehicles when they return to the depot, meaning that companies can switch to the wireless version where required, or equip individual vehicles in mixed fleets with the right device for long-range and short-range transport jobs. The fleet management can also add extra services at a later point in time, by means of FOTA (Firmware Over-The-Air). Another advantage of the DLD Wide Range II is that customers no longer have to install a local application - now they can simply go online and use the web-based service by simply logging in to the server of the VDO TIS-Web fleet management system. The system also works reliably with fleet management systems offered by other companies. It is available from VDO dealers.

Continental AG Announces Executive Changes

Continental AG has appointed Rudolph Stark as the head of its hybrid electric vehicle, or HEV, business unit, which supplies the main components for drive electrification in hybrid and electric vehicles. As Head of the Transmission Business Unit since 2009, Stark was responsible for the development and production of transmission control units. His successor is Stephan Rebhan, who starts as Head of Transmission also with immediate effect.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 3, 2016
Advanced Scientifics Inc., Hi-Res 3D Flash LIDAR Business
 

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