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Home > Company Index > Manufacturing > Rubber & Plastic Products > Continental AG

Continental AG
OTC: CTTAY
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 PROFILE
Continental AG keeps rolling along as Germany's largest manufacturer of tires for cars and trucks. It also makes automotive antilock brake and traction control systems. Continental sells its tires under the Continental, Uniroyal, and General brands, among others. Customers include automakers BMW, DaimlerChrysler, Ford, and Porsche. Through its ContiTech division (most of which is being sold), the company produces power transmission systems, engine and suspension mounts, and vehicle interiors. The company makes brakes and chassis through Continental Teves. Continental has agreed to acquire (60% now, the rest by 2005) Temic GmbH, DaimlerChrysler's automotive-electronics business.

 COMPETITION
Bridgestone Corporation (BRDCY)
The Goodyear Tire & Rubber Company (GT)
Compagnie Générale des Établissements Michelin (ML)

 DEALS
Deal: Continental Invests in Autobytel
Date Announced: 11.29.00
Value of transaction (US $Mil): 0
Description: Tire maker invests in two European divisions of automotive e-commerce company; the two companies also will embark on development initiatives including the creation of Autobytel Germany, with Continental as a lead partner.

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 9,524.30
1-Yr. Sales Growth: 3.6%
Employees: 63,832
Revenue per employee: $149,208.86

 KEY PEOPLE
• Stephan Kessel
    CEO
• Klaus Friedland
    CFO

 CONTACT INFO
Vahrenwalder Strasse 9
D-30165 Hanover, Germany
Phone: 49-0511-938-01
Fax: 49-0511-938-2766
Online: Web Site

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