HANNOVER (January 3, 2005) - Continental AG, Hanover, is contributing $500,000 for the tsunami victims in Asia. The international automotive supplier is working together with aid organizations to determine whether a portion of this amount should be donated in material resources, the corporation announced Monday. One possibility would be to provide portable 300,000 liter fuel tanks made by ContiTech AG to use in the crisis region. Tires for off-road vehicles or trucks from the Continental production in Malaysia could also be contributed. In addition, the company is asking its employees throughout the world to also contribute to public fundraising campaigns for the victims.
The Continental Corporation is a leading supplier of brake systems, chassis components, vehicle electronics, tires and technical elastomers. In 2003 the corporation realized sales of EUR11.5 billion. At present it has a worldwide workforce of about 73,000.
About Continental Tire North America, Inc.
Continental Tire North America, Inc. (www.continentaltire.com), based in Charlotte, is a group company of Germany-based Continental AG, a leading systems supplier to the automotive industry. Continental Tire North America, Inc. has almost 6,500 employees and operates 6 plants in North America. It is a major supplier to the original equipment and replacement tire markets, selling Continental, General, Euzkadi and private brands.