History
Continental was founded in 1871 as Continental-Caoutchouc- und Gutta-Percha Compagnie in Hanover. The company grew through increased production, takeovers and mergers over the years. Today, the Continental Corporation is one of the world's leading automotive industry suppliers.Mission
The mission of Continental is to make individual mobility safer and more comfortable. Performance is their passion and creating value is their driving force.Area of Operation
The businesses of Continental are:- Agriculture
- Bicycle
- Car/ Van
- ContiComfortKit
- Industry
- Motorcycles
- Off the Road
- Truck/ Light Truck/ Bus
- Tuning
- Electronic Brake and Safety Systems
- Hydraulic Brake Systems
- Power Train & Chassis
- Body and Security Electronics
- Electric Drives
- Aftermarket
Key Statistics:
- Continental holds assets of $12.92 billion.
- Continental has made profits of $0.91 billion in 2006.
- Continental operates in 27 countries around the world.
- Continental has approximately 85,000 employees.
Organization
The corporation is organized into four divisional areas for Passenger and Light Truck Tires, Commercial Vehicle Tires, Automotive Systems and ContiTech.The corporate structure includes:
- Chairman of the Board
- Directors
- Executive Board
- Supervisory Board
International Ranking
- Continental ranks 403 in the world according to Forbes Magazine list.
- Continental ranks 376 in Fortune Global 500 list.
Recent Acquisition
- Acquisition of a US company's Automotive Brake and Chassis unit, the core of which is Alfred Teves GmbH in 1998.
Headquarter Address
Vahrenwalder Strasse 9D-30165 Hanover
Germany
Phone: 49-511-938-01