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 SummarySubsidy ValueNumber of Awards
State/Local$1,234,142,09360
Federal (grants and allocated tax credits)$00
TOTAL$1,234,142,09360
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$5,000,0003
Federal loans, loan guarantees and bailout assistance (not including repayments)$00
TOTAL$5,000,0003
Time Period for State and Local Awards: 

Earliest year of data: 2000. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2012.

Time Period for Federal Awards: 

FY2000 to the present

Notes: 

Dollar totals do not include awards for which no subsidy value is disclosed.

Associated Names: 

CONTINENTAL; Continental AG; CONTINENTAL AUTO PARTS; CONTINENTAL AUTOMOTIVE SYS; CONTINENTAL TEVES; CONTINENTAL TIRE; CONTINENTAL ZEUS; CONTITECH THERMOPOL; VEYANCE TECH

Links: 

For a summary of this company's regulatory violations see its Violation Tracker summary page here.


Top 5 States for state/local awardsTotal Subsidy $Number of Awards
Mississippi$858,950,0003
South Carolina$285,068,9143
Michigan$47,422,2855
Virginia$17,872,29211
North Carolina$13,254,5019
All other$11,574,10129

Individual Subsidy Records:

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Company Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
Continental Tire the Americas, LLC Mississippi multiple 2016 $595,500,000 MEGADEAL
Continental Tire Mississippi state 2016 $263,000,000 grant
Continental Tire the Americas South Carolina multiple 2011 $250,000,000 MEGADEAL
Continental Tire the Americas, LLC South Carolina state 2011 $35,000,000 grant
Continental Automotive Systems Michigan state 2013 $15,373,285 tax credit/rebate
Continental Automotive Systems USA Michigan state 2009 $10,355,000 tax credit/rebate
Continental Automotive Systems Michigan state 2013 $10,355,000 tax credit/rebate
Continental Automotive Systems USA Michigan state 2009 $10,339,000 tax credit/rebate
Continental AG Virginia state 2014 $4,000,000 grant
Continental (Zeus) Virginia state 2015 $4,000,000 grant
Continental Automotive Systems, Inc. North Carolina state 2011 $3,276,528 tax credit/rebate
Continental AG Virginia state 2009 $3,000,000 grant
Continental Automotive Systems North Carolina state 2009 $2,874,000 grant
Continental Automotive Systems, Inc. North Carolina state 2011 $2,806,987 tax credit/rebate
Continental Automotive Systems, Inc Virginia state 2015 $2,000,000 grant
Continental Automotive Systems Virginia state 2015 $2,000,000 grant
CONTINENTAL TIRE NORTH AMERICA Illinois state 2016 $1,609,604 tax credit/rebate
Continental AG Virginia state 2008 $1,500,000 grant
CONTINENTAL TIRE NORTH AMERICA Illinois state 2015 $1,480,366 tax credit/rebate
Continental Automotive Systems, Inc. North Carolina state 2015 $1,342,398 tax credit/rebate
Continental Automotive Texas state 2012 $1,200,000 grant
Continental Automotive Systems, Inc. North Carolina state 2016 $1,011,972 tax credit/rebate
Continental Automotive Systems, Inc. North Carolina state 2016 $1,011,972 tax credit/rebate
CONTINENTAL TIRE NORTH AMERICA Illinois state 2006 $1,000,000 grant
Continental Automotive Systems, Inc. Michigan state 2012 $1,000,000 grant/loan hybrid program
CONTINENTAL TIRE NORTH AMERICA Illinois state 2013 $1,000,000 grant
CONTINENTAL TIRE NORTH AMERICA Illinois state 2014 $1,000,000 grant
CONTINENTAL TIRE NORTH AMERICA Illinois state 2015 $1,000,000 grant
Continental Teves, Inc. North Carolina state 2010 $713,680 tax credit/rebate
Continental Automotive Systems, Inc. Virginia state 2015 $550,000 grant
CONTINENTAL TIRE NORTH AMERICA Illinois state 2006 $517,500 grant
CONTINENTAL TIRE NORTH AMERICA Illinois state 2008 $504,662 infrastructure assistance
CONTINENTAL TIRE NORTH AMERICA Illinois state 2012 $504,662 infrastructure assistance
Veyance Technologies, Inc. Iowa state 2016 $450,170 grant/loan hybrid program
Continental Tire Mississippi state 2016 $450,000 grant
Continental - Zeus Virginia state 2015 $363,148 training reimbursement
Continental Virginia state 2016 $250,000 grant
VEYANCE TECHNOLOGIES INC Ohio state 2011 $180,000 grant
Continental Automotive Systems, Inc. Virginia state 2015 $175,000 grant
Continental Automotive Systems, Inc. North Carolina state 2015 $164,991 tax credit/rebate
VEYANCE TECHNOLOGIES INC Ohio state 2008 $150,000 grant
Veyance Technologies Nebraska state 2008 $143,110 training reimbursement
VEYANCE TECHNOLOGIES INC Ohio state 2010 $115,000 grant
CONTINENTAL TIRE NORTH AMERICA Illinois state 2009 $100,000 grant
VEYANCE TECHNOLOGIES INC Ohio state 2012 $100,000 grant
CONTINENTAL TIRE NORTH AMERICA Illinois state 2013 $100,000 grant
Continental Tire Tennessee local 2014 $90,826 property tax abatement
Veyance Technologies Inc Iowa state 2005 $78,648 training reimbursement
Continental Tire Tennessee local 2014 $70,499 property tax abatement
Continental Tire South Carolina state 2012 $68,914 training reimbursement
Veyance Technologies, Inc. Ohio state 2011 $56,883 tax credit/rebate
Continental Tire North America, Inc. North Carolina state 2013 $51,973 tax credit/rebate
VEYANCE TECHNOLOGIES INC Ohio state 2010 $35,000 grant
Continental Automotive Systems, Inc. Virginia state 2016 $34,144 enterprise zone
Contitech Thermopol Inc. New Hampshire state 2013 $32,571 training reimbursement
Continental Tire of the Americas, LLC Tennessee state 2014 $25,000 training reimbursement
Continental Auto Parts, LLC New York state 2011 $8,526 enterprise zone
ContiTech Thermopol New Hampshire state 2015 $7,875 training reimbursement
VEYANCE TECHNOLOGIES INC Ohio state 2009 $7,500 grant
Continental Auto Parts, LLC New York state 2010 $5,699 enterprise zone
VEYANCE TECHNOLOGIES INC Ohio state 2012 $2,000,000 loan or bond financing
VEYANCE TECHNOLOGIES INC Ohio state 2008 $1,500,000 loan or bond financing
VEYANCE TECHNOLOGIES INC Ohio state 2008 $1,500,000 loan or bond financing
CONTINENTAL TIRE NORTH AMERICA Illinois state 2007 undisclosed tax credit/rebate
CONTINENTAL TIRE NORTH AMERICA Illinois state 2007 undisclosed tax credit/rebate
CONTINENTAL TIRE NORTH AMERICA Illinois state 2008 undisclosed tax credit/rebate
CONTINENTAL TIRE NORTH AMERICA Illinois state 2008 undisclosed tax credit/rebate
CONTINENTAL TIRE NORTH AMERICA Illinois state 2008 undisclosed tax credit/rebate
CONTINENTAL TIRE NORTH AMERICA Illinois state 2009 undisclosed tax credit/rebate
CONTINENTAL TIRE NORTH AMERICA Illinois state 2009 undisclosed tax credit/rebate
CONTINENTAL TIRE NORTH AMERICA Illinois state 2009 undisclosed tax credit/rebate
CONTINENTAL TIRE NORTH AMERICA Illinois state 2010 undisclosed tax credit/rebate
CONTINENTAL TIRE NORTH AMERICA Illinois state 2010 undisclosed tax credit/rebate
CONTINENTAL TIRE NORTH AMERICA Illinois state 2010 undisclosed tax credit/rebate
CONTINENTAL TIRE NORTH AMERICA Illinois state 2008 undisclosed infrastructure assistance
CONTINENTAL TEVES INC. Michigan local 2000 undisclosed property tax abatement
CONTINENTAL AUTO PARTS, LLC New Jersey state undisclosed tax credit/rebate; property tax abatement
CONTINENTAL AUTO PARTS, LLC New Jersey state undisclosed tax credit/rebate; property tax abatement
Veyance Technologies, Inc. Nebraska state 2012 undisclosed tax credit/rebate
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
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