13 May 2004
By David Shaw, ERJ staff
Hannover, Germany--Continental AG has won a major contract to supply tyres to Daimler-Chrysler's European truck division. According to a Conti spokesman, D-C is the world's largest supplier of light and heavy trucks and Conti will be supplying significant proportion of the company's European needs for at least two years. The contract runs from 2005 to 2007 with options to extend it into 2008 and beyond.
"This agreement represents a significant expansion of our position in the OE sector," said Dr. Hans-Joachim Nikolin, Continental AG executive board member in charge of the commercial vehicle tyre division. "DaimlerChrysler thus becomes one of Continental's major OE customers."
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