![]() ![]() ![]() Continental acquired Siemens VDO from Siemens AG in 2007. The company also purchased German automotive rubber and plastics company Phoenix AG in 2004, and the automotive electronics unit of Motorola in 2006. In 2001, Continental acquired a controlling interest in Temic, DaimlerChrysler's automotive-electronics business, which is now part of Continental Automotive Systems. As with many other German companies during World War II, Continental used slave labor provided by the Nazi Party in their factories in the 1940s at Hannover-Stöcken, Hannover-Limmer, Hannover-Ahlem, and others, all offshoots of the Neuengamme concentration camp.Ĭontinental teamed up with FATE in 1999 for the production of tires for cars, trucks, and buses in Argentina and exportation of the San Fernando plant's production to the rest of South America. In the late 1920s, Continental merged with several other major rubber industry companies to form the largest rubber company in Germany "Continental Gummi-Werke AG". Another major product Continental invented was detachable wheel tire that was made for touring vehicles (1905). In 1904, Continental became the first company in the world to manufacture grooved vehicle tires. In 1898, Continental started development and production of the vehicle tires with plain tread, which was the major success of the brand.
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