Continental AG

German multinational company in the automotive component supplier industry

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February 2024 Continental AG cut approximately 7,150 positions in its automotive unit.
April 2022 Continental resumed tire production in Russia despite international sanctions related to the Russo-Ukrainian War.
December 2021 Continental was pressured by China to stop doing business with Lithuania due to a diplomatic dispute.
February 2021 Continental acquired a minority stake in Recogni, a German-U.S. start-up, to advance autonomous driving technology.
2020 Continental won an inaugural PACEpilot award for its Virtual A-Pillar technology, which helps eliminate forward blind spots.
December 1 2020 Nikolai Setzer becomes Chief Executive Officer, taking over leadership from Elmar Degenhart.
November 13 2020 Nikolai Setzer was announced as the new CEO following the sudden resignation of Elmar Degenhart.
2018 Continental won a PACE Award for its Digital Micromirror Head-Up Display technology. Additionally, Continental and Audi received an Innovation Partnership Award for their Safety Domain Control Unit (SDCU).
2017 Continental signed a partnership to be the Tour de France official tire sponsor until 2027.
October 2016 Continental Tire the Americas purchased Hoosier Racing Tire.
April 2016 Continental AG and Honda's U.S. subsidiary received the Automotive News PACE Innovation Partnership Award for the Bidirectional Long Range Communications (BLRC) System.
February 2016 CTA announced plans to build a Commercial Tire plant in Clinton, Mississippi, with an investment of approximately $1.4 billion and potential employment of 2,500 people.
2015 Continental AG was honored with two PACE Awards for its Bare Die High-Density-Interconnect (BD-HDI) Printed Circuit Board Substrate Technology for Transmission Electronics and Multi-application Unified Sensor Element (MUSE).
2014 Continued deployment of the BLRC System on Acura TLX and Acura RLX models.
2013 Continental AG and Honda debuted the Bidirectional Long Range Communications (BLRC) System on the Acura MDX, featuring a remote control key fob that can operate the vehicle from over half a kilometer away.
September 6 2012 Continental returned to the DAX index of 30 selected German blue chip stocks after a 45-month absence.
2011 Continental Tire the Americas (CTA) announced plans to build a new plant in Sumter, South Carolina, with an expected investment of $500 million and potential employment of 1,600 workers by 2020.

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