Continental Teves is a manufacturer of hydraulic and electronic brake systems, stability control and chassis systems and electronic systems for air suspension. The company is a subsidiary of Continental Automotive Systems, a supplier to the automotive industry. Continental Automotive Systems is comprised of Continental Teves and Continental Temic, an electronics specialist in the areas of engine, chassis, airbags and comfort electronics. Continental Automotive Systems products are sold throughout North America, Europe and South America. It operates more than 30 facilities throughout the world and engages in several joint ventures in Asia. The company employs more than 18,400-plus people. Continental Teves operates a facility in Morganton, N.C.