Continental is unable to complete its acquisition of U.S. rubber firm Veyance Technologies and may need to sell one of the target company’s divisions to win U.S. regulatory approval, Germany’s Bilanz magazine reported.
Tag Archives: Continental
Continental seeks industrial acquisition to reduce dependence on auto unit
Continental is looking for an acquisition in the industrial sector, possibly in Asia, as it seeks to reduce its dependence on volatile auto markets, the company’s finance chief told a German newspaper.
Continental eBike System entering production in Q4
Continental’s eBike System will enter production in the fourth quarter of 2014 and will be on display at the Eurobike trade fair from 27-30 August; the company had presented a prototype of the system at the Eurobike trade fair in 2013.
Continental develops electric parking brake for compact cars with drum brakes
Continental has developed an Electric Parking Brake (EPB) for drum brakes. It is especially tailored to the lower-priced automotive segment that, up until now, has had to make do with mechanical parking brakes built into the existing drum brake on the rear axle. The electric parking drum brake will go into serial production by 2017.
Continental supplying first turbocharger with aluminium housing
Continental’s powertrain developers have launched series production of the first car turbocharger with an aluminium turbine housing. Integration of the unit in the three-cylinder, 1.5L 100 kW petrol engine for the MINI Hatch has been ongoing since spring 2014.
