Operations

Continental Invests in Zonar

October 04, 2016 - Press Release

Continental has acquired a majority stake in Zonar, the fleet management technology provider.

The contract was signed on Sept. 23 and has obtained the required vote of the shareholders, but remains subject to final approval of the U.S. Federal Trade Commission and U.S. Department of Justice, according to Continental. Daimler Trucks North America is retaining its minority stake.

Zonar is a technology solution provider that offers a range of fleet management offerings to public and private commercial vehicle fleets in North America. With the investment in Zonar by Continental, the two enterprises will combine their complementary strengths and further expand both companies’ portfolios to offer additional smart fleet solutions to the market, according to Continental.

When the process is complete, Continental will further expand its existing product, solution, and service portfolio in the area of mobility services for fleet management of commercial vehicles and aftermarket.

Comment On This Story

Name:  
Email:  
Comment: (Maximum 10000 characters)  
Leave this field empty:
* Please note that every comment is moderated.

FleetFAQ

Public Fleet Tracking And Telematics

Amin Amini from Verizon will answer your questions and challenges

View All

Recent Topics

Has anyone played with the idea of leasing vehicles' vs. purchasing. And are there any benefits to it. I know Enterprise offers a...

View Topic

Hi everyone! Just wanted to remind you about fleetDOCs, our library of fleet-related documents. Users can upload any relevant fleet...

View Topic

Fleet Documents

1019 Fleet Documents (and counting) to Download!

Sponsored by

In leasing lore, Hubert Ryan and the Hertz Corp. are inextricably intertwined.

Read more