HANOVER, Germany (May 13)—Continental A.G. has won a major contract to supply tires to Daimler-Chrysler A.G.'s European truck division.
Daimler/Chrysler will receive tires for light and heavy trucks from the German tire manufacturer, according to a Conti official. The contract runs from 2005 to 2007 with options to extend it into 2008 and beyond, and will cover most of the truck maker´s needs.
Conti said the deal is a significant expansion of its position in the OE sector.