UHP sensor

The electronic air spring: The UHP sensor adjusts the height and pressure of air springs using ultrasound.

© Continental AG

IAA Commercial Vehicles: Continental Develops Sensor to Adjust the Height of Vehicles

  • Integrated sensor uses ultrasound to measure height and pressure
  • Technology for air springs delivers greater safety and efficiency on the road
  • Solutions for the future of traffic in urban environments

Hanover, August 16, 2018. Technology company Continental has developed a sensor that is able to measure the height and pressure of air springs using ultrasound. With the Ultrasonic Height and Pressure Sensor (UHPS), it will be possible to adjust the height of vehicles electronically, thereby improving the efficiency of urban buses. Thanks to their extremely heat-resistant material, the air springs featuring the sensor technology are equipped for use with current and future generations of engines. Continental is presenting the new development for the first time at the 67th IAA Commercial Vehicles in September in Hanover.

Electronic control of air springs saves energy

The new sensor technology minimizes energy losses and improves efficiency, particularly for urban buses. Drivers are constantly having to adjust the ride heights of their buses throughout the day due to speed bumps, uneven surfaces and height differences at bus stops. Up to now, this has generally been done mechanically and, for most vehicles, at a uniform ride height with only one possible target value. To lower one side of the bus at bus stops, the air had to be completely let out from the spring. With the UHP sensor, the air springs are now controlled electronically and automatically.

Using ultrasound, the sensor measures the current height and pressure in the air spring and sends the values to the electronic control unit, which automatically opens or closes the air spring valves. Target values are pre-set in the electronic control unit, and drivers can pre-select these values before they start to drive depending on whether they are driving in the city or on the freeway. Continuous monitoring between the control unit and the spring maintains an appropriate ride height, which means that the electromechanical control valve does not respond to every trigger. The advantage of this is that the height and pressure can be determined precisely. This function prevents energy from being lost unnecessarily when the bus is lowered or raised. With this solution for air springs, Continental is a pioneer in the market.

Meanwhile, the developers at the technology company are already thinking ahead. The next step is for the air springs to send signals via the sensor technology in the event of overload or faults, enabling anticipatory maintenance. This will reduce unforeseen defects and thus vehicle downtime, as well as the risk of accidents, which will improve road safety.

Heat-resistant air springs for state-of-the-art engines

Continental is also a pioneer when it comes to material composition. Due to the larger exhaust systems of the low-emission Euro 6 engines, the air springs in urban buses are closer to the engine or other heat sources than before and are therefore exposed to extreme temperatures. The experts at Continental have developed a material that is heat-resistant – even under these conditions – specifically for this purpose. Thanks to this property, the air springs are able to withstand over two million load cycles despite the high temperatures.

IAA Commercial Vehicles: solutions to challenges in urban traffic

The air spring featuring sensor technology is one of the products that Continental is presenting at IAA Commercial Vehicles in response to the challenges of urban traffic. In urban areas with rapidly increasing levels of traffic, it is becoming increasingly important to reduce emissions and noise, as well as accidents. Continental develops technology that is enabling the transport industry to overcome these challenges. Visitors can find out more about the other solutions that Continental has at its disposal for more sustainable urban traffic and how to achieve the goal of “Vision Zero” (zero road deaths) by visiting the Continental stand in the urban traffic information area.

Under the heading of “Make the Digital Leap,” Continental will be at Stand B11/A06 in Hall 17 at IAA Commercial Vehicles and will also be presenting its trade show highlights at the IAA press conference in Hall 3B at the Convention Center from 2:15 p.m. to 2:40 p.m. on September 19.

The electronic air spring: The UHP sensor adjusts the height and pressure of air springs using ultrasound. © Continental AG

Contact

Jochen Vennemann

Jochen Vennemann Manager External Communications ContiTech Phone: +49 511 938-18024 E-mail:

Continental Hauptverwaltung

© Continental AG

Continental expands Australian Tire Sales Network through Acquisition

  • Continental is to acquire the Kmart Tyre and Auto Service chain (KTAS)
  • With 258 branches and more than 1,200 employees, KTAS is one of the largest tire and auto service chains in Australia
  • Continental Executive Board member Nikolai Setzer: “This acquisition is part of our ‘Vision 2025’ which targets the systematic expansion of our Tire division’s worldwide presence”

Hanover, Germany / Sydney, Australia, August 13, 2018. The technology company Continental is to acquire Kmart Tyre and Auto Service (KTAS), one of Australia’s largest tire and auto service suppliers. As the international automotive supplier, tire manufacturer and industry partner announced today in Hanover, this will greatly reinforce the corporation’s tire dealership network in Australia. KTAS is being sold by Wesfarmers Limited of Australia. The deal is worth AUD350 million (approximately €227 million).

Nikolai Setzer, member of the Executive Board, Tire Division, Corporate Purchasing © Continental AG

“Australia is a highly promising sales market for Continental,” says Nikolai Setzer, member of the Executive Board of Continental AG responsible for the Tire division. “The acquisition of KTAS marks a major expansion in our presence on the Australian tire market. This move is part of our ‘Vision 2025’ growth strategy through which we are systematically expanding the worldwide presence of our Tire division.”

With a current total of 258 branches, KTAS is well represented above all in the country’s densely populated east and South-east coast regions. The company, which has more than 1,200 employees, is based in Sydney. The core business of KTAS comprises passenger and light commercial vehicle tire sales and service, inspections and maintenance, as well as minor mechanical repairs to brakes, air-conditioning and suspension systems.

“We are very pleased to further strengthen our commitment to the Australian market through the acquisition of KTAS – a very successful and well-known tire and auto services chain in Australia,” commented Ferdinand Hoyos, Head of PLT Tire Business Asia Pacific. “Together with the current management team and our new colleagues at KTAS we are looking to drive forward what is already a strong network of outlets and expand their product portfolio,” he added, setting out Continental’s plans.

In the future, the international tire manufacturer with its broad portfolio of car, commercial vehicle and two-wheeler tires, as well as its already existing BestDrive retail network is aiming to complement the tire, car parts and repair business with services for retail customers as well as for fleet operators in the Australian market.

Continental’s Tire division is one of the world’s leading tire manufacturers. The corporation operates four tire production plants in the Asia-Pacific region. To date, Continental has been represented in Australia through its Best Drive and Continental branded retail network.

As part of its Vision 2025 – the Tire division’s long-term international growth strategy – Continental recently invested in more capacities in tire production at existing plants and in construction of a new passenger and light truck tire production plant Thailand. In Germany, the corporation started construction of its Taraxagum Lab Anklam to study the industrial scale production of dandelion rubber.

Contact

Klaus Engelhart

Klaus Engelhart Press Spokesman Passenger Car / Two-Wheel Tires D/A/CH Phone: +49 511 938-2285 Fax: +49 511 938-2455 E-mail:

high-speed network

Maintenance and servicing of the high-speed network are absolutely crucial to ensuring safe passenger transport at top speeds of 350 km/h, as here in China’s CRH3.

© Continental AG/Mick Ryan

The Ultimate High-Speed Rail Network: Continental Helps Connect China’s Megacities

  • Continental’s air spring systems enable cutting-edge rapid-response vehicles to travel to maintenance sites for China’s high-speed rail network in record time

Hanover, August 2018. Technology company Continental has developed an air spring system that enables maintenance and response vehicles to travel rapidly between rail maintenance and construction sites. The system enables China to maintain, service and expand its high-speed rail network with maximum efficiency. Home to 1.4 billion citizens, the country is the largest in the world in terms of population, and the fourth largest based on geographical area. It also boasts the largest high-speed rail network. China has been focusing on rail travel as an environmentally friendly, reliable and high-performance transport option since the 1990s, and is expanding its network at an impressive pace. The China Railway High-Speed (CRH) development plan, launched in 2004, includes an ambitious objective of expanding the network from 19,000 to 30,000 kilometers by 2020. China is aiming to build four east-west and four north-south corridors capable of accommodating trains running at between 250 and 350 km/h. This expansion will mean that 80 percent of all large cities are accessible by high-speed rail. In response to this development, cities and regions have snowballed into huge urban sprawls and megacities. The rail network is the backbone of the essential infrastructure for transporting goods and people between these metropolises. “Our air spring systems for service vehicles are a key component of safe and reliable mobility in China,” says Günther Sengeis, key account manager for air spring systems at Continental.

The highest speeds demand the highest levels of safety

From Kunming, a city of 6.8 million people, high-speed trains dart across five provinces at up to 350 km/h to reach Shanghai – 2,264 kilometers away – in just under eleven hours. The world’s longest stretch of high-speed rail has reduced the journey time by 23 hours. In Europe, a similar journey by train – from Cologne to Moscow – would take 31 hours.

But there’s more to the CRH project than meets the eye. As well as expansion, the entire network and its overhead wiring need to be serviced and maintained to ensure that China’s high-speed trains are capable of transporting people and goods quickly, safely and efficiently. This is where Continental’s air spring systems for cutting-edge service and response vehicles come into play, helping to meet the incredibly demanding quality, reliability, operating safety and availability standards for overhead wiring on high-speed rail lines. “At the end of 2014, we delivered our systems for rapid-response service vehicles deployed in the Chinese high-speed rail network,” explains Sengeis. The vehicles can be used universally across the network. With applications ranging from servicing and maintenance to inspection, safety checks and troubleshooting and the replacement and construction of overhead wiring, they cover the entire spectrum of work involved in building and maintaining a rail network.

When every minute counts, Continental is first on board

Fast, efficient maintenance: thanks to Continental air spring systems, service vehicles can travel to their next location at up to 160 km/h. © RCP - stock.adobe.com

Primary springs manufactured by Continental have been in use in work vehicles for decades. For this project’s work trains in China, the company has also developed and supplied a complete air spring system to enable the vehicles to travel swiftly between locations. “Our air spring system features secondary suspension between the bogie and the main frame, which enables the vehicle to travel safely and independently to its next service location at speeds of up to 160 km/h. Sometimes, this can involve travel distances of up to 2,500 km. By speeding up the journey to the next service location, it is possible to complete maintenance on the high-speed network significantly more quickly. From a financial perspective, this is of enormous benefit to the customer,” explains Jörg Frohn, head of product development for air spring systems for rail transport applications at Continental.

Yet another advantage of the air spring system is that it absorbs vibrations and shocks, making any uneven sections of track barely perceptible inside the train and making high-speed trains more comfortable for passengers. On work vehicles, employees can make use of the on-train workshop during the journey, enabling them to prepare for the task ahead so that they can take action rapidly upon arrival. The faster the work can be completed, the sooner the track can be re-opened. “As time pressure rises, there is less and less time available for maintenance and servicing. Greater efficiency is key to getting things done. This makes the reliability of our components all the more important,” Sengeis emphasizes.

Climatic conditions place huge demands on materials

Due to the sheer scale of the country, China has 18 different climate zones and some areas of extreme climatic contrast. Long and persistently cold winters with average temperatures of -25°C – dropping down to -40°C on extremely cold days – and torrid heat of +40°C in the summer are typical for the north of the country, while the regions in the east and south-east have very hot, subtropical summers. These diverse climate conditions place the greatest demands on materials, which must work reliably and last as long as possible in all areas of the country. “This is also true of our primary springs and air spring systems, which ensure that journeys for response vehicles are safe and quiet all year round,” says Sengeis. These conditions are significantly more challenging than those in less demanding climates, such as Western Europe, and they have a major impact on the service life of each air spring. In extreme heat or cold, these components must function with complete reliability in challenging environments throughout the year. The vehicles are heavily utilized and travel vast distances, so it is essential that components be long-lasting and reliable. “Over decades of work in Europe, we’ve built up the expertise needed to develop systems with outstanding resistance to extreme temperatures, abrasion and the effects of ozone, UV and other media,” adds Frohn. “We work with our customers to expand our knowledge of local factors, such as climate conditions and routes, to develop the best possible solutions for each market.”

Maintenance and servicing of the high-speed network are absolutely crucial to ensuring safe passenger transport at top speeds of 350 km/h, as here in China’s CRH3. © Continental AG/Mick Ryan

Contact

Jochen Vennemann

Jochen Vennemann Manager External Communications ContiTech Phone: +49 511 938-18024 E-mail:

H1

results first half 2018

© Continental AG

Half-Year Figures: Continental Accelerates its Growth

  • Organic sales growth of 5.4 percent to €22.4 billion after first six months
  • Order intake still at record level: Automotive exceeds €20 billion, electric mobility business receives orders for more than €1 billion
  • Adjusted EBIT of €2.2 billion, adjusted EBIT margin at 10 percent
  • Net income up 4.3 percent to €1.6 billion

Hanover, August 2, 2018. The technology company Continental released its 2018 half-year results today in Hanover. The Dax-listed company accelerated its growth in the second quarter of 2018 and once again grew faster than its relevant markets. After six months, organic sales growth amounted to 5.4 percent, with all five divisions making a contribution. In the same period, the Automotive business was up 6.6 percent in organic terms. It was thus able to grow nearly 5 percentage points faster than the global production of passenger cars and light commercial vehicles, which was up by about 2 percent. For the current year, the company still expects the global production of passenger cars and light commercial vehicles to rise by more than 1 percent.

In the first half of the year, Continental upped its sales to €22.4 billion and posted an adjusted operating result of €2.2 billion. This corresponds to an adjusted EBIT margin of 10 percent.

“Our technological strength underpins our rapid and profitable growth. It makes mobility around the world safe, clean and intelligent. It is pioneering for the mobility of the future and vital for our long-term success in an environment characterized by change and uncertainty,” said Continental CEO Dr. Elmar Degenhart on Thursday while presenting the business figures for the first half of 2018.

He added: “Our profitable growth in the second quarter is further proof of our strength. In addition, the high order intake in the field of electric mobility is also quite gratifying and demonstrates that our product portfolio is fit for the future.” In the first half of the year, more than €1 billion in orders were received for products and systems for hybrid and electric cars. At over €20 billion, order intake continues to be at a record level in the entire automotive sector after six months.

Continental during the first half of the year grew faster than its relevant markets © Continental AG

Sales growth was up in particular in the Powertrain division in the second quarter. “Our future alignment is paving the way for Powertrain as well as the other divisions to continue to outpace our relevant markets in the future as well, as part of our values alliance for top value creation,” he said, making reference to the recently announced realignment of the company.

Degenhart was also pleased with the quarterly results of the Tire division, which had been impacted by exchange-rate effects in the first three months. Its adjusted EBIT rose from 15.2 percent in the first quarter to 17.8 percent in the second quarter. “Our tire business was back up again in the second quarter, maintaining its profitable position on the global market,” said Degenhart, summing up the positive development.

Solid growth in all divisions; further substantial investments in the mobility of tomorrow

“As expected, all five divisions posted good organic growth. In light of this, we are satisfied with our sales development in the first half of the year,” said CFO Wolfgang Schaefer, commenting on the past half-year. With regards to the results, he added: “The industry is currently undergoing radical technological change. It is all about automation, connectivity and electrification. Looking at our results, the trend reflects the substantial investments we have made in the development of these future technologies. The increase in order intake has in recent years also resulted in start-up costs.” In the last half-year, the technology company spent €2.9 billion on investments as well as on research and development. According to Schaefer, there are only a few companies worldwide that are pushing developments in the field of mobility to this extent. 

Continental CFO Wolfgang Schäfer on the key data for the first half of the year 2018 © Continental AG

Looking ahead to the remainder of the year, Schaefer pointed out that the third quarter is traditionally impacted by seasonal effects: “Carmakers close down plants for vacation in the third quarter. Furthermore, next quarter will probably be negatively impacted by the new test procedure WLTP.” At present, Continental is expecting a strong quarter at the end of the year, and is therefore confirming its outlook for the full business year.

Key Figures of the Continental Corporation © Continental AG

After the first six months, net income attributable to the shareholders of the parent rose by 4.3 percent to around €1.6 billion, after €1.5 billion in the same period of the previous year.

Free cash flow in the first half of 2018 amounted to €122 million, after €292 million in the first half of last year. This was mainly due to the increase in working capital as a result of the solid growth. Free cash flow before acquisitions amounted to €296 million after six months.

The Automotive Group increased its sales by 2.8 percent in the past half-year. Organic growth was 6.6 percent. Sales amounted to €13.8 billion in this period. The adjusted EBIT margin was 8.1 percent.

In the first six months, the Rubber Group achieved sales of €8.6 billion, down slightly year on year. There was organic growth of 3.6 percent in the first half of 2018.

Segment report Continental Corporation (January 1 – June 30, 2018) © Continental AG

In the first half of the year, Continental invested €1.2 billion in property, plant and equipment, and software. This corresponds to a capital expenditure ratio of 5.2 percent (previous year: 5.3 percent). The technology company’s net expenditure for research and development was €1.7 billion, which equates to 7.7 percent of consolidated sales. In the same period of the previous year, the ratio was 7.2 percent.

As at June 30, 2018, net indebtedness was just short of €2.9 billion, up €811 million from the end of 2017. The increase in net indebtedness in the period under review is due mainly to the payment of the dividend for the last fiscal year totaling €900 million.

The gearing ratio, which is an indicator of indebtedness, rose accordingly from 12.6 percent at the end of 2017 to 16.8 percent as at the reporting date. Continental had liquidity reserves totaling 5.8 billion as at the reporting date.

At the end of the first half of 2018, Continental had more than 243,000 employees. This equates to about 8,000 additional employees compared to the end of the year. Nearly two-thirds of the growth was due to staff increases in the global R&D team and higher production volumes in the Automotive Group. About one-third of the additional staff was hired in the Rubber Group. These employees are required primarily for the expanded production operations and the growing distribution network.


Here you can download the "Financial Report as of June 30, 2018 (PDF, 4.2 MB) ".

Please find here all videos, press pictures and audio formats for download regarding the release of the first half year results 2018.

Contact

Henry Schniewind

Henry Schniewind Spokesman, Business & Finance Phone: +49 511 938-1278 E-mail:

Vincent Charles

Vincent Charles Head of Media Relations Phone: +49 511 938-1364 E-mail:

Continental_press_picture_IAA2018

© Continental AG

Digitalization saves lives – Continental to showcase right-turn assistance systems at the IAA CV exhibition

  • Continental will use camera technology to expand its radar-based assistance systems
  • Artificial intelligence will help to assess pedestrians’ and cyclists’ behavior, providing more safety in the future
  • In the city, in long-distance traffic and in the fleet office: At the 67th IAA Commercial Vehicles exhibition, the technology company will show how the transport industry is making the leap into digitalization
  • Continental Press Conference on September 19 at 2:15 p.m.


Hanover, August 1, 2018 – the technology company Continental will show visitors the future of the right-hand turn assistant for trucks at the 67th IAA Commercial Vehicles exhibition, which takes place from September 20 to 27 in Hanover, Germany. The driver assistant experts are working intensively on future generations of the system – and Continental already offers radar-based systems for series development in original equipment. Work is also being done on appropriate retrofitting solutions. In the next few years, these assistance systems will be even more effective by the additional use of cameras, and subsequently through artificial intelligence.

Especially in city traffic it can happen that trucks turning right at corners hit cyclists or pedestrians. For that reason demands are growing for the compulsory installation of right-turn assistants in trucks. However, EU-wide legislation is not expected for at least a few years. This is why countries like Germany rely on the voluntary commitment of the automotive and transport industries to install right-turn assistants ex works or to retrofit trucks – and these systems are already very popular because they help to prevent a great number of accidents. Continental’s intensive work on the further development of the right-turn assistant not only increases road safety but is also aimed at preventing false alarms for drivers in the future.

At the 67th IAA Commercial Vehicles exhibition, Continental will show how the transport industry is making the leap into digitalization – in the city, in long-distance traffic and in the fleet office. © Continental AG

Three generations of safety – from radar to camera to artificial intelligence

Modern assistance systems, such as those which Continental already offers for original equipment, can warn commercial vehicle drivers when a pedestrian or cyclist is in a blind spot. A radar-based system like this determines the position of road users and calculates the time until a possible collision will occur. The second generation of the right-turn assistant will be even more efficient. It will distinguish dangerous and non-hazardous situations with greater accuracy, and to achieve this, the radar-based system will be expanded to include cameras. In just a few years, the right-turn assistant will be able to interpret even complex and unpredictable traffic situations accurately and warn the driver. Automatic emergency braking is also technically feasible. Gesture recognition is one of the systems used for this. It uses machine learning, artificial neural networks and imaging techniques to detect an approaching cyclist much earlier than was previously possible. Artificial intelligence also tells the right-turn assistant in which direction a pedestrian or cyclist is likely to move.

“Make the digital leap!” Continental presents innovations for the leap into the digital age

The Continental Innovation Truck, a demonstration vehicle, already has a system with gesture recognition installed – and this system will be available to the series market in just a few years. Visitors to the IAA Commercial Vehicles in Hanover can see both generations of these systems in the Innovation Truck on the open-air grounds and at Continental booth B11/A06 in Hall 17.

In line with the Continental slogan, “Make the digital leap!”, the technology company will show how the transport industry is making the leap to digitalization – and at the same time creating an entirely new kind of efficiency potential. The focus will be on the individual challenges faced by urban transport, the fleet office and long-distance transport –  Continental will showcase a broad variety of solutions addressing these challenges. The technology company’s motto for the 2016 IAA was “Tradition. Trust. Transformation” – and Continental, remaining true to these 3T’s, will be showing visitors that a leap into the digital world can create real opportunities… and lead to more success.

Artificial intelligence will help right turn assistance systems to assess pedestrians’ and cyclists’ behavior, providing more safety in the future. © Continental AG

In view of the rapidly growing volume of urban traffic, it is becoming increasingly important to reduce emissions and accidents. Continental’s answers to this issue promote sustainable urban transport, helping to bring us closer to “Vision Zero” (zero road deaths). The right-turn assistant is just one of many examples here. On long-haul routes, legislative safety features – in response to the increasing number of serious truck accidents – and stricter emission guidelines are proving to be a challenge for manufacturers. And transport companies also have to keep their fuel costs under control and maximize their operating times. Efficiency is also the keyword in the fleet office. Faced by tough competition and relatively small margins, any trucking company that wants to hold its own needs a digital control center that also uses real-time data. With its digital expertise and its broad portfolio of tires, air springs, drive technology, driver assistance systems and fleet management solutions, Continental offers the technologies that will lead to success in the commercial vehicle world – and will meet the industry’s increasing demands.

Continental will be exhibiting its latest products and solutions at the IAA Commercial Vehicles exhibition in Hall 17, Booth B11/A06. The technology company will also present its trade fair highlights at the IAA Press Conference on September 19, from 2:15 p.m. to 2:40 p.m. in Room 3B of the Convention Center.

Contact

Oliver Heil

Oliver Heil Manager Media Relations Commercial Vehicles & Aftermarket Continental Phone: +49 69 7603-9406 Fax: +49 69 7603 88 9406 E-mail:

Spatenstich
© Continental AG

Bridging the Way into the Future: Groundbreaking Ceremony for Continental Campus

  • Continental starts construction on its new headquarters in Hanover on July 31, 2018
  • New group headquarters to be completed by the end of 2020
  • Technology company focuses on open spaces for creativity and knowledge-sharing
  • CEO Dr. Elmar Degenhart: “Investment is a commitment to the Hanover location”

Hanover, July 31, 2018. The technology company Continental is beginning the construction of its new headquarters in Hanover. The first development phase for the building complex is to be completed by the end of 2020 and to provide space for 1,250 employees. According to the plans, later expansion to 1,600 workplaces is an option. Relocation of the employees should be completed in 2021, in time for the company’s 150th anniversary.

Groundbreaking Ceremony for Continental Campus: (f.l.) Hans-Georg Gerstmann (Project lead new headquarters Continental), Martin Henn (Managing director Henn architectural office), Dr. Ariane Reinhart (CHRO Continental), Dr. Elmar Degenhart (CEO Continental), Wolfgang Schäfer (CFO Continental), Stefan Schostok (Mayor Hannover) © Continental AG

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“Continental has been enjoying rapid, profitable growth for many years. This is reflected in our growing workforce around the world. In recent years, the corporate headquarters has become too small for the nearly 900 employees. Now we are creating the necessary space in a modern headquarters that will be a credit to our birthplace, Hanover,” commented Continental’s CEO Dr. Elmar Degenhart on the occasion of the ground-breaking ceremony. He added: “We are building a creative Continental campus. It will connect people and promote personal dialog between them. They will find areas where they can retreat to concentrate in peace and quiet. At the same time, we are setting up open areas that encourage creative sharing of ideas and knowledge.”

The new Continental campus will consist of a total of eight buildings, which will be connected to each other by four bridges. The longest of these, with a span of 71 meters, will extend over Hans-Böckler-Allee. In combination with the buildings, it will form the landmark at the eastern entrance to the state capital city of Hanover near the Pferdeturm.

Virtual tour of Continental's new corporate headquarters © Continental AG


“The new headquarters of our long-standing company is a clearly visible commitment to its roots in Hanover. We are pleased with the generous support for our project we have received from Lower Saxony’s capital city and our reinvigorated partnership that will extend far into the future,” declared Degenhart.

“In the course of the company’s history that stretches back over almost 150 years, Continental has shaped the city of Hanover. Now, with the new headquarters, a new foundation is being laid that strengthens this common bond. The new structural accent is a perfect match for our cosmopolitan city with its architecture and endorses Hanover as a business location,” said Mayor Schostok.

Drone footage of the building site © Continental AG


Intelligent, flexible, agile: a campus that connects

Continental’s CEO pointed out that the plans of Berlin-based architectural office Henn visibly and palpably realize the values and goals of the company. “Modern architecture and intelligent digital technology enable collaboration that is agile, flexible, connected and secure over organizational interfaces. In combination with our robust culture of innovation and networking, we can implement pioneering workplace concepts together with our employees. A day-care center on the campus is just one of numerous elements to enable a healthy work-life balance.”

At the same time, the transportation infrastructure of the new headquarters will take the future of mobility into account. Expressways and highways will provide direct connections to long-distance transportation. An urban rail station right in front of the building will offer links to local and long-distance public transportation.

The parking areas will have charging stations for electric vehicles. “With our new headquarters, we want to demonstrate in a tangible way that we are building bridges to the people inside as well as outside and to the future of mobility. And, as a leading technology company, we have a pioneering and significant role in shaping that mobility,” said Degenhart.

"We are delighted that our concept is being taken up enthusiastically by all those involved. We are even more pleased to be able to make our plans a reality. Working with and for Continental, we want to create enduring values and a modern working environment for employees,” declared Professor Gunter Henn, managing director of the Henn architectural office.

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Drone flight over the old Continental headquarters in Hanover, Vahrenwalder Strasse © Continental AG

Contact

Nicole Göttlicher

Nicole Göttlicher Spokeswoman, HR & Career Corporate Communications Phone: +49 511 938-1640 E-mail:

Vincent Charles

Vincent Charles Head of Media Relations Phone: +49 511 938-1364 E-mail:

künstliche Intelligenz

© Continental

Continental Strengthens AI Research with UC Berkeley DeepDrive Collaboration

  • Continental signs membership agreement with AI research group at the University of California, Berkeley
  • Partnership designed to speed up neural networks for the car of the future and safety of AI systems
  • Continental’s global AI research network continues expansion

Berkeley/Hanover, July 30, 2018. Technology company Continental today announced that it is expanding its international network for artificial intelligence (AI) in Silicon Valley.

"We are joining forces with the world's leading AI researchers," said Demetrio Aiello, Head of Continental’s Corporate Artificial Intelligence and Robotics Lab. "Building on the momentum of our strategic partnerships with the University of Oxford, DFKI (German Research Center for Artificial Intelligence) and other AI thought leaders, we have signed a five-year agreement to be members of the UC Berkeley DeepDrive (BDD) center.”

The research partnership focuses on optimizing the speed of neural networks, as well as protecting AI systems in safety-critical applications. Both Continental and BDD are driven by the goal of implementing the AI research results into series production as quickly as possible.

Artificial intelligence will help to mold the mobility of the future. © Continental AG

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Cars that see and learn better

BDD works with state-of-the-art technologies for machine seeing and learning in automotive applications. The multidisciplinary center is managed by the Institute of Transportation Studies at the University of California, Berkeley. Industry sponsors support the program to help bring new technologies to automotive applications. Professor Trevor Darrell, also Director of the "Partners for Advanced Transportation Technology" (PATH) program, leads the group.

"Having Continental as a BDD member is something we are very proud of. We are excited to be working closely together to develop innovative solutions," said Darrell. "Continental is a leader in the automotive industry and BDD is opening up opportunities for artificial intelligence and autonomous driving in automotive applications, which makes for a great team."

Strategic research focused on the future

In the first year of the program membership, Continental and BDD are focused on two fields of research. First is the testability of AI algorithms in safety-relevant systems. Drivers need to be sure that the complex technology in their vehicles will work properly, so BDD is developing methods that will allow the reliability of AI systems to be tested more efficiently. The researchers at the center are also looking at how to operate AI applications in a memory-efficient way to accelerate and optimize neural networks. This will allow easier implementation of AI methods in vehicles.

"As is the case for BDD, Continental is also at the international peak of the AI revolution in the industry," explained Dr. Stefan Voget, who heads up the relationship with UC Berkeley on behalf of the technology company. "Together, we can drive mobility forward faster than doing it alone."

Faster implementation of AI knowledge

"What inspired us most to team up with the experts in Silicon Valley and UC Berkeley was the highly interesting research in the field of Explainable AI as well as the optimization of deep neural networks that were taking place there," Aiello said. Explainable AI focuses on understanding precisely how an AI system makes decisions. To test artificial intelligence in detail, experts must know exactly how it works. In addition to the benefits of the research itself, Aiello shared another important advantage of the membership. "The opportunity to have colleagues from Silicon Valley and other Continental locations working as part of BDD research teams enables more efficient collaboration and transfer of expertise. It also allows us to identify the talent we need for our AI strategy at an early stage."

AI research at Continental

In 2015, Continental set up a corporate AI and Robotics Lab to coordinate the company’s various research activities. So far, this has led to strategic collaborations with NVIDIA and Baidu, as well as many leading research institutes in this field, including the University of Oxford, the Technische Universität Darmstadt, the DFKI (German Research Center for Artificial Intelligence) and the Indian Institute of Technology Madras (India). Earlier this year, the Continental Advanced Driver Assistance Systems business unit opened a center of excellence for deep machine learning in Budapest, Hungary. By the end of 2018, the technology company will employ around 400 engineers worldwide with specific AI expertise, and is looking to add AI experts in product and process development.

Contact

Enno Pigge

Enno Pigge Spokesman, Innovation & Technology Phone: +49 511 938-1622 E-mail:

Caption Continental_pp_Keyvisual_automechanika.jpg

© Continental AG

Continental makes workshops fit for the future with digital solutions and a significant expansion of its product range

automechanika 2018

  • Know-how in exchange for points: Customers benefit from new digital service concepts
  • Everything from one source: Product range expanded to include filters, wipers, batteries, turbochargers and brake discs
  • More efficiency: The product range on offer supports processes in the workshop

 

Hanover, Frankfurt, July 2018. At this year’s automechanika, the technology company Continental will be presenting customer-oriented solutions and answers to future challenges. Vehicle workshops and dealers in the automotive aftermarket business are faced with an increasingly complex market environment. The challenges include digital technologies and the changing needs of the customers these technologies create, driver assistance systems, e-mobility and the constantly increasing level of connectivity. At automechanika in September in Frankfurt am Main (Forum, Booth A03/05), Continental will be showing how it is helping businesses on their routes into the future. The technology company will showcase new solutions, products and service concepts from its entire range for the automotive aftermarket. “Continental stands for original equipment competence and quality the world over. With our wealth of experience and our comprehensive portfolio from a single source combined with our digital services, we are the partner with whom our customers can secure their future in the rapidly changing automotive aftermarket,” says Peter Wagner, head of aftermarket and small-batch business for wear & spare parts and of diagnostics at Continental. “In the future, products will be a means to an end and only parts manufacturers who can combine their product expertise with services and offer integrated service solutions as a result, will actively shape the aftermarket business,” explains Rolf Sudmann, head of the aftermarket business for drive systems at Continental. These two experts will also be presenting their concepts for the future viability of the automotive aftermarket in a press conference on September 11 from 3 p.m. to 4 p.m. in the Agenda room (Forum, Level 0).

New bonus program promotes the transfer of know-how

The industry is experiencing technological leaps, mainly driven by digitalization and connectivity – and these advances will also have an impact in the aftermarket. The demand for knowledge in the workshops, for example, will be considerably increased because employees must become familiar with the emerging technologies. Companies that do not adapt to new technologies such as e-mobility, driver assistance systems and remote diagnostics will lose customers – but those which adapt now can secure a real competitive advantage. In the future, Continental will also support workshops with its own bonus program, which will reward the loyalty of customers, and at the same time promote the development of knowledge. Every time a Continental product is purchased, registered workshops can collect points and redeem them online by simply scanning the product label. Continental puts a special emphasis on development opportunities for companies: Workshops can use these points not only for bonuses, but especially for training. Automechanika will see Continental present its loyalty program to the public for the first time.

Digitalization of workshop processes – service via voice control

At automechanika, Continental will also be presenting a new concept for controlling service processes and accessing repair information by voice command. Aimed at optimizing workshop processes, the project is being carried out in cooperation with TecAlliance and is another step towards full digitalization. The company is also continuously developing its Remote Vehicle Data Platform (RVD) for the connected car segment. The number of makes and models for which RVD provides a standardized cloud-based access to vehicle-specific data is constantly increasing and already covers many of the most common vehicles today. The first solution based on RVD is already on the market and more offers are in the starting blocks.

Continental will be presenting new solutions and service concepts for the future of the automotive aftermarket at automechanika. © Continental AG

Windshield wipers, filters, batteries, turbochargers, brake discs – Continental’s broad product portfolio continues to grow

Continental is also taking advantage of its strong position as a manufacturer of original equipment to offer workshops even more spare parts in OE quality – and the technology company has recently expanded its product line with this in mind.

Many new additions to the portfolio will make their debut at automechanika, including an extensive range of windshield wipers and batteries from Continental, as well as gasoline, oil, cabin air and air filters for passenger cars from the Italian original equipment manufacturer UFI Filters. The two companies signed a strategic cooperation agreement at the beginning of the year and the filters will be available in the DACH (Germany, Austria, Switzerland), Benelux and Scandinavian markets under the Continental brand name from January 2019. In addition, turbochargers have been added to the product range. At automechanika Continental will unveil a turbocharger for Ford engines, manufactured for the automotive aftermarket. More turbochargers will be added in the course of time. The Continental brake discs family has also gained new additions, and more part numbers for the brake disc for Mercedes will be available in the fall. One of the few suppliers on the market to offer such an economically attractive alternative in comparable OE quality, Continental is expanding its range of products for the patented Mercedes-Benz two-part OE brake disc concept.

Easier handling of spare parts

Continental also wants to make spare parts handling for drive belts and water pumps easier for workshops. The water pump is a crucial component for the proper functioning of the engine and should also be replaced along with the belt. This is why the PRO-Kit series – a complete package with two timing belts and drive components – will also include water pumps in the future. Complete packages with V-ribbed belts and a water pump are also being added to the range, and a number of individual water pumps are also on the way.

New tire technologies for cars and trucks

Continental will also be presenting new tires from its Group brands for the coming winter season, including the Continental WinterContact TS860 S for premium sports cars. The new Continental AllSeasonContact and the new Uniroyal AllSeasonExpert 2 also ensure year-round safety and efficiency. In addition, the company will be showcasing two innovative technologies for commercial vehicles at automechanika. The iTire and the ContiConnect platform create smart truck tires with real-time digital links. For fleet managers, this is yet another step towards the future in tire management.

Contact

Oliver Heil

Oliver Heil Manager Media Relations Commercial Vehicles & Aftermarket Continental Phone: +49 69 7603-9406 Fax: +49 69 7603 88 9406 E-mail:

Jochen Vennemann

Jochen Vennemann Manager External Communications ContiTech Phone: +49 511 938-18024 E-mail:

Klaus Engelhart

Klaus Engelhart Press Spokesman Passenger Car / Two-Wheel Tires D/A/CH Phone: +49 511 938-2285 Fax: +49 511 938-2455 E-mail:

VDO DSRC
© Continental AG

New tachograph testing: Continental gets workshops into shape with knowledge, test equipment and more

  • VDO DSRC meter for checking the DSRC interface available from October
  • Software update makes VDO workshop tablet DTCO 4.0 ready
  • New workshop card: Qualification training courses start in the fall of 2018
  • Workshops will be prepared for all new requirements with the DTCO 4.0 service pack

 

Villingen-Schwenningen, July 2018. New rules for digital tachographs (DTCO) will be coming into force in the middle of next year. Technology company Continental draws users’ attention to the changes for workshops in DTCO testing technology associated with regulation (EU) No. 165/2014 and the implementing regulation (EU) 2016/799. The first trucks with the new technology will already be appearing in the workshops at the beginning of 2019. Continental is therefore incorporating new test equipment and service offerings into its range of VDO-branded products. “Workshops can get everything for tachograph testing from us and in doing so benefit from our many years of expertise in original equipment and service,” says Michael Gut, program manager for tachograph services. “We will get the workshops into shape for the new tachograph legislation.”

The basis for inspec-ting a smart digital tachograph is a mo-dern test computer like the VDO Work-shop Tablet. © Continental AG

There is no getting around a modern test computer

The basis for inspecting a smart digital tachograph is a modern test computer. The test equipment for the new legislation requires digital computer-guided testing technology. “Anyone still working with older test equipment for the first generation of digital tachographs should invest in new devices soon in order to become familiar with handling digital technology,” advises Michael Gut. With the VDO Workshop Tablet it is easy. Using self-explanatory test sequences, the wireless tablet PC guides you safely, step-by-step, through all functions – old and new – of the §57b test procedure. Workshops can save up to 20% working time per service with this guidance. The paperwork hassle is also done away with. Thanks to the robust touchscreen, data can be quickly and easily entered, processed and later printed out wirelessly. The software for the forthcoming test and diagnostic technologies for the DTCO 4.0 will be available from the fall. Workshops will be able to obtain it by means of an update.

By means of the DSRC antenna the smart digital tacho-graph transmits data from the moving ve-hicle to the monitoring authorities’ receiving equipment. © Continental AG

New test equipment: VDO DSRC Meter and GNSS Repeater

Continental has developed the VDO DSRC meter to prove correct operation of the DSRC interface – an antenna on the windshield, by means of which the smart digital tachograph transmits data from the moving vehicle to the monitoring authorities’ receiving equipment. Workshops use this digital reader to check that remote monitoring is possible. For this purpose, the VDO DSRC meter is positioned opposite the front of the truck and connected to the VDO Workshop Tablet via Bluetooth. The unit then automatically tests that the antenna in the vehicle is working. The VDO Workshop Tablet evaluates the protocol and, in the event of discrepancies, gives recommended actions, for example to change the antenna in the vehicle. As an option, Continental offers a stand for mounting the VDO DSRC meter or accessories for panel mounting. Workshops will be able to order the unit from October.

Continental has deve-loped the VDO DSRC meter to prove correct operation of the DSRC interface. © Continental AG

In future, it will also be mandatory to test the satellite receiver (GNSS) built into the DTCO 4.0, by means of which the vehicle position can be established. Continental recommends the associated GNSS repeater to workshops which carry out tests indoors on a test rig and therefore may need to amplify the signal. As a certified supplier, the company also offers lead seals for sealing the likewise new speed transducer.

Qualify in good time

New technology, new inspection specifica-tions: The smart digi-tal tachograph DTCO 4.0 will bring many functional enhance-ments. © Continental AG

However, Continental supplies not only the device technologies, but also provides workshops with the necessary know-how for the legally prescribed periodic testing. In Germany and other European countries, Continental has set itself the goal of qualifying workshops for tachograph testing. The first training courses for preparing workshop personnel for the requirements of the future tests will start in the fall of 2018. The new test steps for the DTCO 4.0 will be taught in a one-day seminar. The content of the statutory refresher courses will likewise be expanded to include the new DTCO 4.0. Regular participation in the refresher courses is also a prerequisite for receiving the new workshop card for the smart digital tachographs. Training courses can be booked directly via the VDO Academy booking portal at www.vdo-academy.de.

Take out a service contract and benefit from comprehensive services

Continental also offers workshops the comprehensive “DTCO 4.0 ready” service pack for all devices associated with the smart digital tachograph. Interested companies can obtain the service from Continental. “Our objective is to support workshops in their everyday work to the best of our ability. Subscribers to DTCO 4.0 ready will benefit from a full service,” explains Michael Gut. Among other things, the package includes the updates for the VDO Workshop Tablet, which are necessary as a result of the new test equipment, as well as regular training courses, a service hotline, a replacement unit service and calibration of the test equipment.

Presentation at the IAA Commercial Vehicles

Continental is presenting its test equipment and service offerings for the new tachograph testing at the IAA Commercial Vehicles from September 20 to 27 in Hanover for the first time. At the exhibition stand in hall 17, booth B11/A06, workshops can find out about the new offers and changes.

Contact

Oliver Heil

Oliver Heil Manager Media Relations Commercial Vehicles & Aftermarket Continental Phone: +49 69 7603-9406 Fax: +49 69 7603 88 9406 E-mail:

Continental Fahnen
© Continental AG

Strengthening Continental’s Values Alliance for Top Value Creation: Supervisory Board Approves Realignment

  • Continental’s Supervisory Board approves one of the largest organizational changes in the company’s history
  • New holding structure: Three group sectors under the umbrella of Continental AG
  • Transformation of the Powertrain division into an independent legal entity by the start of 2019 with partial IPO possible starting mid-2019
  • CEO Dr. Elmar Degenhart: "With the Supervisory Board’s approval of the realignment, we are heading into the future of mobility at full speed"

Hanover, July 26, 2018. At its meeting today, the Supervisory Board of Continental AG, Hanover, approved one of the largest organizational changes in the company’s history. The Executive Board had decided on the change on July 18, 2018. With this approval, a new holding structure of Continental AG will be created under the new “Continental Group” umbrella brand. In this context, the Supervisory Board approved the transformation of the current Powertrain division into an independent legal entity under a new name by the beginning of 2019. Andreas Wolf will take over as head of the new company starting at the beginning of 2019. A partial initial public offering (IPO) is expected starting mid-2019.

“The Supervisory Board supports Continental’s rapid and profitable growth. The early and foresighted realignment of the organization opens up new possibilities and adds value for the company. It makes Continental even more competitive permanently. That is why the Supervisory Board has unanimously agreed to one of the largest organizational changes in the history of the company,” said Supervisory Board chairman Professor Wolfgang Reitzle, following the Supervisory Board meeting on Thursday in Hanover.

Dr. Elmar Degenhart, Continental CEO, was pleased with the decision of the Supervisory Board: “In light of the profound transformation in the automotive industry, we scrutinized various scenarios for a realignment in the past months. We do, after all, want to continue to grow faster than our relevant markets. Furthermore, we see new potential for expansion in the key future areas of mobility, and we are going to take full advantage of it. On behalf of the entire Executive Board, I would like to express my thanks to all Supervisory Board members for their trust. With their approval of the realignment, we are creating additional value for our customers and are heading into the future of mobility at full speed.”

Successfully developing the mobility of the future with a values alliance for top value creation

With its approval, the Supervisory Board has paved the way for the creation of a new holding structure of Continental AG under the new “Continental Group” umbrella brand. It will be supported by three “group sectors,” namely “Continental Rubber,” “Continental Automotive” and “Powertrain.” The reporting structure and the new names are to be used starting 2020. The group sectors will be established step by step, or enhanced where necessary. The current Powertrain division will be transformed into an independent legal entity under a new name by the beginning of 2019. Its partial initial public offering (IPO) is expected starting mid-2019.

Furthermore, the current Chassis & Safety and Interior divisions will be reorganized by the beginning of 2020. They will become two business areas newly named “Autonomous Driving Technologies” and “Vehicle Networking Technologies,” with their business results being reported under the new “Continental Automotive” group sector. Both areas will be supported by a newly created central Automotive Research and Development function.

The two current divisions Tires (“Tire Technologies” in the future) and ContiTech will retain their independent organizational structure. Their business results will be reported in the future Continental Rubber group sector. Continental will retain ownership of this business, which is the nucleus and origin of the 147-year-old Hanover-based company. The issuance of non-controlling interests, in the form of an IPO for example, is not planned at present, but is an option for the future. Several years ago, Continental already undertook preparations, making it possible to create a new legal entity out of this business. No further steps need be taken for this at present.

Contact

Dr. Felix Gress

Dr. Felix Gress Head of Corporate Communications & Public Affairs Phone: +49 511 938-1485 E-mail:

Vincent Charles

Vincent Charles Head of Media Relations Phone: +49 511 938-1364 E-mail: