Continental Automotive Systems
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Continental Automotive Systems (CAS), founded in 1906 by Alfred Teves, a division of the German Continental AG, is 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.
It comprises two units:
- Continental Temic — focus is on auto electronics while
- Continental Teves — a developer and manufacturer of hydraulic and electronic brakes and safety systems, and of stability and chassis control systems and electronic air suspension systems.
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. Continental Automotive Systems’ sales for the year 2004 were €5.0 billion.