The purpose of Exnymoto.com is to help us share some memories of our years together in Arcade and Elma, and provide a means for everyone to keep in touch. Produced by Stan Gunsolus and Craig Jeffery.
Standard Auto buys Continental Elma Core Sensors Business
breaking news
Feb 12th, 2008
History page: articles and stories from Motorola newsletters
Contact Page: Email Addresses & and Contact Information of everyone who wants to stay in touch . Last Update 3-05-2008
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Continental AG to phase out 380 Elma jobs
Nov 3rd, 2006
Continental Buys Motorola Auto Electronics
Ward's Auto World, May 1, 2006
Byline: Drew Winter
German supplier Continental AG is acquiring the automotive electronics business of Motorola Inc. for $1 billion.
The sale includes Motorola's controls, sensor, interior electronics and telematics units. The operations will be plugged into Continental's Automotive Systems Div., which specializes in active and passive safety devices such as electronic stability control.
Continental Chairman Manfred Wennemer emphasizes the acquisition is aimed strictly at growing the company's business and product portfolio and says there are no redundancies that will result in layoffs or consolidation.
Wennemer acknowledges a few sales positions overlap but says there will be "hardly any" job reductions.
The acquisition will increase global sales by more than 20% but will immediately double Continental's North American sales.
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