This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these template messages) This article's factual accuracy may be compromised due to out-of-date information. Please help update this article to reflect recent events or newly available information. (March 2011) This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed.Find sources: "Continental Automotive Systems" – news · newspapers · books · scholar · JSTOR (August 2008) (Learn how and when to remove this template message) (Learn how and when to remove this template message)

Continental Automotive Systems (CAS), founded in 1906 by Alfred Teves, a division of the German Continental AG, was a brake and electronics supplier to the automotive industry, supplying systems, components, electronics, lithium-ion batteries and engineering services for vehicle safety, comfort and powertrain performance. Its sales top €4.6 billion.[citation needed]

It comprises two units:

It supplies lithium-ion batteries for the GM E-Flex System of Chevrolet Volt, from A123Systems.

CAS's acquisition of the Automotive division of Motorola was completed in July 2006. Continental acquired Siemens VDO from Siemens AG in 2007.

In 2019, Continental reorganized the powertrain division into a new entity Vitesco Technologies with intention to spin-off,[1] expected to occur in September 2021.[2]

Production

CAS consists of 44 plants, research centers and test tracks in 15 countries including ten joint ventures in Asia.[citation needed]

Average daily production includes 45,000 electronic brake systems, 136,000 brake calipers, 163,000 wheel speed sensors, 27,000 airbag components and 72,000 body electronic modules.[citation needed] Continental Automotive Systems’ sales for the year 2004 were €5.0 billion.[citation needed]

References

  1. ^ Cornell, Joe. "Continental AG Intends To Spin Off Vitesco Technologies, Shelves Plans for Partial IPO". Forbes. Retrieved 2021-05-20.
  2. ^ Schwartz, Jan. "Continental aims for Vitesco spin-off in Sept. 2021". www.nasdaq.com. Reuters. Retrieved 2021-05-20.