Continental Invests a Majority Stake in Fleet Management Provider Zonar
Automotive supplier, tire manufacturer, and industrial leader Continental is intensifying its activities in fleet management by acquiring a majority stake in the smart fleet management technology provider Zonar.
Daimler Trucks North America is retaining its minority stake. Zonar, which is headquartered in Seattle a nd employs a staff of over 300.
What’s so special? 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 this move, we are further expanding our portfolio and expertise in the arena of mobility services, and fostering our regional balance by investing into a fleet management provider in the US that gives us access to a broad customer base and existing sales channels,” said Helmut Matschi, President of the Interior Division and Member of the Executive Board of Continental.
Established in 2001, Zonar pioneered smart fleet telematics with patented and award-winning operations technology across all commercial transportation markets: commercial trucking, vocational and passenger fleets. The complete suite of solutions drives safety, efficiency and fuel savings—from drivers to dispatch to administrative operations.
Notable patents include the only Electronic Verified Inspection Reporting system available today, which ensures pre- and post-trip inspection compliance. The company’s tablet technology is AOBRD self-certified and ELD-ready. Zonar is also the exclusive OEM partner for Daimler Trucks North America’s Virtual Technician solution installed on more than 200,000 Daimler trucks.
Category: Connected Fleet News, Featured
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