Continental AG
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in mil. unless spec.Company Description
- CEO
- Christian Kötz
- Full Time Employees
- 92,653
- Sector
- Consumer durables
- Industry
- Automotive aftermarket
- Address
- Continental-Plaza 1 Hannover NI Germany 30175
- IPO Date
- Jul 1, 1871
- Website
- continental.com
- Similar Companies
- Business
- Continental AG is a German multinational automotive parts manufacturing company that develops and produces tires, brake systems, vehicle electronics, automotive safety systems, powertrain and chassis components, tachographs, and other parts for the automotive and transportation industries; its Tires group sector offers premium tires for cars, trucks, buses, two-wheelers, bicycles, and specialty applications, including intelligent tire monitoring, management systems, and sustainable solutions; ContiTech provides rubber and plastics products such as hoses, belts, bearing elements, and conveyor systems; the Automotive group sector encompasses chassis and safety, powertrain, interior electronics, and advanced driver assistance systems (ADAS). Founded in 1871 and headquartered in Hanover, Lower Saxony, the company operates globally with approximately 95,000 employees across 54 countries, serving major original equipment manufacturers including Volkswagen, Mercedes-Benz, Ford, BMW, and Toyota, as well as aftermarket and industrial customers. In recent strategic realignments, Continental completed the spin-off of its Automotive business into Aumovio and agreed to sell the Original Equipment Solutions (OESL) unit of ContiTech—producing hose lines and bearing elements—to Regent in 2025, advancing plans to establish ContiTech as an independent industrial specialist and sharpen focus on its tire operations; these moves follow Supervisory Board approval for the Automotive spin-off earlier in 2025 and include operational expansions such as a new $90 million hydraulics plant in Aguascalientes, Mexico, alongside new sustainable tire launches like the Conti Urban HA 5 NXT for electric buses.
Company News
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