When was the company Continental Automotive Systems is a division of founded?
Continental AG Continental AG, commonly known as Continental, is a leading German automotive manufacturing company specialising in tyres, brake systems, interior electronics, automotive safety, powertrain and chassis components, tachographs, and other parts for the automotive and transportation industries. Continental is based in Hanover, Lower Saxony, Germany. Continental is the world's fourth-largest tyre manufacturer. Continental was founded in 1871 as a rubber manufacturer, "Continental-Caoutchouc und Gutta-Percha Compagnie". After acquiring Siemens AG's VDO automotive unit in 2007 Continental was ranked third in global OEM automotive parts sales in 2012 according to a study sponsored by PricewaterhouseCoopers.
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.