Continental to Expand Applications of its Electronic Stability Control On Model Year 2004 Vehicles

-- More than 30 North American vehicles will now have Continental ESC technology --

AUBURN HILLS, Mich., Nov. 10 -- Continental Teves, a unit of Continental AG, is launching production for six new electronic stability control (ESC) programs in North America on model year 2004 vehicles. More than 30 model year 2004 vehicles in North America will now be available with Continental's advanced technology, which Continental markets as the Electronic Stability Program (ESP) and which helps reduce the risk of serious crashes, including rollovers.

Continental, a leading global manufacturer of electronic stability control technology, projects that it will supply more than 3.6 million ESP units to automakers in North America, Europe and Asia this model year, an increase of more than seven percent over the 2003 model year.

"This is excellent news for everyone interested in keeping America's roads safer," said Bill Kozyra, president, Continental Teves North America, observing the increase in ESP applications in North America. "Electronic stability control was proven to reduce single-vehicle crashes by 30-35 percent in recent studies conducted in Europe and Japan. Our challenge as an industry is to educate consumers so they demand it on their next vehicle.

"One of the most encouraging trends when we compared 2004 availability with 2003 is the growth among domestic models," Kozyra continued. "For example, Ford now offers electronic stability control (marketed under the AdvanceTrac brand name) on the Explorer with both 4.0L and 4.6L engines, and they have made it a 'stand alone' option to make it even more readily available to consumers. Furthermore, more automakers than ever before are making this great ESC safety technology standard equipment."

Continental has begun or will soon begin production of ESP systems on six new model year 2004 vehicles in North America, and provides ESP technology to a number of automakers on their current model year 2004 vehicles.

  Continental applications include:

  *  Audi Roadster TT (marketed as Electronic Stability Program)
  *  BMW 3-Series (Dynamic Stability Control)
  *  BMW Z4 (Dynamic Stability Control)
  *  Chrysler 300 (Electronic Stability Program)  ...  NEW PROGRAM
  *  Chrysler Crossfire (Electronic Stability Program)  ...  NEW PROGRAM
  *  Dodge Magnum (Electronic Stability Program)  ...  NEW PROGRAM
  *  Ford Expedition (AdvanceTrac)
  *  Ford Explorer (AdvanceTrac)
  *  Infiniti FX 35 (Vehicle Dynamic Control)
  *  Infiniti FX 45 (Vehicle Dynamic Control)
  *  Jaguar S-Type (Dynamic Stability Control)
  *  Jaguar XJ Series (Dynamic Stability Control)
  *  Jaguar XK Series (Dynamic Stability Control)
  *  Lincoln LS (AdvanceTrac)
  *  Mercedes M-Class (Electronic Stability Program)
  *  Mercedes C-Class (Electronic Stability Program)
  *  Mercedes Coupe CLK (Electronic Stability Program)
  *  Mercedes Roadster SLK (Electronic Stability Program)
  *  Mercury Mountaineer (AdvanceTrac)
  *  MINI Cooper (Dynamic Stability Control)
  *  Nissan Frontier (Vehicle Dynamic Control)
  *  Nissan Murano (Vehicle Dynamic Control)
  *  Nissan Pathfinder Armada (Vehicle Dynamic Control)  ...  NEW PROGRAM
  *  Nissan Titan (Vehicle Dynamic Control)  ...  NEW PROGRAM
  *  Nissan Xterra (Vehicle Dynamic Control)
  *  Porsche Cayenne (Porsche Stability Management)
  *  Toyota Sequoia (Vehicle Stability Control)
  *  Volkswagen New Beetle (Electronic Stabilization Program)  ...
      NEW PROGRAM
  *  Volkswagen Touareg (Electronic Stabilization Program)
  *  Volvo S70/V70/C70 (Dynamic Stability and Traction Control)
  *  Volvo S80 (Dynamic Stability and Traction Control)
  *  Volvo S40/V40 (Dynamic Stability and Traction Control)
  *  Volvo S60 (Dynamic Stability and Traction Control)
  *  Volvo XC90 (Dynamic Stability and Traction Control)

Electronic stability control technology significantly improves vehicle stability in all three primary areas of vehicle performance: accelerating, cornering and braking. Using electrical sensors strategically placed throughout the vehicle, the system analyzes steering wheel activity, wheel speeds, acceleration and the vehicle's rotation about its vertical axis and continually analyzes this data to determine whether the actual course of the vehicle corresponds to the desired direction. By braking individual wheels and reducing engine torque, it automatically corrects understeer and oversteer, and helps keep vehicles on the road.

Continental Teves, headquartered in Frankfurt/Main Germany, is a unit of Continental AG, Hanover, Germany. With 2002 sales of approximately $12 billion (US), the Continental Corporation is a major supplier of brake systems, chassis components, vehicle electronics, tires and technical rubber products. Continental Teves' North American operation is headquartered in Auburn Hills, Mich. For additional information, visit these websites: www.conti-online.com and www.contitevesna.com .