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Subsidy Tracker Parent Company Summary
Parent Company Name: Continental AG
Ownership Structure: publicly traded
Headquartered in: Germany
Major Industry: automotive parts
Specific Industry: automotive parts-tires
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $1,244,875,478 | 83 |
Federal (grants and allocated tax credits) | $0 | 0 |
TOTAL | $1,244,875,478 | 83 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $5,000,000 | 3 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
TOTAL | $5,000,000 | 3 |
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
Mississippi | $860,851,000 | 6 |
South Carolina | $285,068,914 | 3 |
Michigan | $47,422,285 | 5 |
Virginia | $20,425,648 | 23 |
North Carolina | $15,934,094 | 13 |
All other | $15,173,537 | 33 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
Company | Location | Subsidy Source | Year | Subsidy Value  | Loan/Bailout Value | Type of Subsidy |
Veyance Technologies, Inc. | Nebraska | state | 2012 | undisclosed | | tax credit/rebate |
Continental Tire the Americas, LLC | South Carolina | state | 2012 | undisclosed | | tax credit/rebate |
Veyance Technologies, Inc. | Ohio | state | 2007 | undisclosed | | tax credit/rebate |
Continental Tire the Americas, LLC | South Carolina | state | 2013 | undisclosed | | tax credit/rebate |
Continental Tire the Americas, LLC | South Carolina | state | 2014 | undisclosed | | tax credit/rebate |
Continental Tire The Americas, LLC | Tennessee | local | 2016 | undisclosed | | property tax abatement |
Continental Tire The Americas, LLC | Tennessee | local | 2016 | undisclosed | | property tax abatement |
Continental Tire the Americas, LLC | South Carolina | state | 2021 | undisclosed | | tax credit/rebate |
Continental Tire the Americas, LLC | South Carolina | state | 2021 | undisclosed | | tax credit/rebate |
Continental Tire the Americas, LLC | South Carolina | state | 2021 | undisclosed | | tax credit/rebate |
Continental Tire the Americas, LLC | South Carolina | state | 2021 | undisclosed | | tax credit/rebate |