When was the company Continental Automotive Systems is a division of founded?
Continental Automotive Systems Continental Automotive Systems (CAS), founded in 1906 by Alfred Teves, a division of the German Continental AG, is a brake and electronics supplier to the automotive industry, supplying systems, components, electronics, lithium-ion batteries and engineering services for vehicle safety, comfort and powertrain performance. Its sales top €4.6 billion.
Venturi Automobiles Venturi Automobiles is a French-founded Monegasque-based multinational automotive manufacturer that designs, manufactures, and sells luxury electric vehicles. Founded in 1984 by engineers Claude Poiraud and Gérard Godfroy as "MVS (Manufacture de Voitures de Sport)", the company's purpose was to compete in the "Grand Tourisme" market. This was only the most recent post-war attempt at building a sporty luxury car in France, following in the footsteps of Facel Vega, Monica, and Ligier. As with its predecessors, Venturi was immediately faced with many challenges ranging from an unknown name to its under-capitalized and under-staffed state. Venturi did nonetheless manage to continue in production for nearly sixteen years, declaring bankruptcy in 2000 In 2001, Monegasque Gildo Pallanca Pastor purchased Venturi, and decided to focus on electric-powered engines. This change of direction led to the limited-production Fétish.