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Continental Tire Secures Major Contract With Ford Motor Company

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#1 ·
AUBURN HILLS, Mich., July 25 -- Continental Tire North America, a unit of Continental AG, announced today that it has begun supplying tires to the Ford Motor Company for the company's popular line of Ford Ranger pick-up trucks.

Continental's P225/70R15 Conti>Trac tires are being installed on nearly 50 percent of all 2002 Rangers now being assembled. Because the same tire is specified on the Ranger that Ford will refresh for model year 2003, Continental anticipates continuing to provide Ford with the tires.

"A reputation for reliability and durability has made the Ford Ranger one of the world's best selling vehicles," said Andreas Gerstenberger, vice president of key account management for Continental Tire's North American original equipment business. "Tire performance directly relates how consumers perceive the vehicle and to overall vehicle safety, and therefore it is extremely gratifying to have been selected by Ford to supply Continental tires."

The tires are being manufactured at Continental Tire's facility in Mt. Vernon, Illinois.

Continental Tire North America is a unit of Continental AG, Hanover, Germany. With 2001 sales of approximately $10 billion (US), Continental is a world leader in the design, development and supply of critical tire, brake and chassis systems that contribute to driving safety and comfort. Continental Tire North America is headquartered in Charlotte. North Carolina. For additional information, visit these websites: www.conti-online.com and www.continentaltire.com .
 
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