Volvo was
formed as a subsidiary company to the ball bearing maker SKF. It was not until
1935 when Volvo AB was introduced on the Swedish stock exchange that SKF sold
most of the shares in the company. Volvo Cars was owned by AB Volvo until 1999,
when it was acquired by the Ford Motor Company and placed in its Premier
Automotive Group. Volvo is a premium manufacturer and produces luxury models
ranging from SUVs, wagons, and sedans to compact executive sedans and coupes.
With 2,500 dealerships worldwide in 100 markets; 60 percent of sales come from
Europe, 30 percent from North America, and the other 10 percent is from the
rest of the world.
Volkswagen AG or VW,
is an automobile manufacturer based in Wolfsburg, Germany. It forms the core of
Volkswagen Group and is the world's fourth largest car producer after Toyota,
GM and Ford, respectively.
The name means
"people's car" in German, in which it is pronounced [?folksvag?n].
Its old German tagline is "Aus Liebe zum Automobil", which is
translated as "Out of love for the car" - or, "For Love of the
People's Cars", as translated by VW in other languages. The new tagline is
"Volkswagen - Das Auto" or "Volkswagen - The Car".
Toyota
Motor Corporation (Toyota Jido-sha Kabushiki-gaisha), or Toyota for short, is a
Japanese multinational automaker.
The Toyota
Motor Corporation was founded or established on 28 August 1937 when Toyoda Automatic
Loom created a new division devoted to the production of automobiles under the
direction of the founder's son, Kiichiro Toyoda. Soon thereafter, the division
produced its first Type A Engine in 1934, which was used in the first Model A1
passenger car in May 1935 and the G1 truck in August 1935. Production of the
Model AA passenger car started in 1936. Early vehicles bear a striking
resemblance to the Dodge Power Wagon and Chevrolet, with some parts actually
interchanging with their American originals. The company was founded in 1933 by
Kiichiro Toyoda as an offshoot of Toyoda Automatic Loom Company, under the
encouragement of the Japanese government, which needed domestic vehicle
production partly due to the worldwide money shortage and partly due to the war
with China.
Suzuki
Motor Corporation (Suzuki Kabushikigaisha) is a Japanese multinational
corporation that specializes in manufacturing compact automobiles, a full range
of motorcycles, All-Terrain Vehicles (ATVs), outboard marine engines, wheelchairs
and a variety of other small internal combustion engines. Suzuki is the 12th
largest automobile manufacturer in the world, employs over 45,000 people, has
35 main production facilities in 23 countries and 133 distributors in 192
countries.
In 1909,
Michio Suzuki founded the Suzuki Loom Company in the small seacoast village of
Hamamatsu, Japan. Business boomed as Suzuki built weaving looms for Japan's
giant silk industry. Suzuki's only desire was to build better, more
user-friendly looms. In 1929, Michio Suzuki invented a new type of weaving
machine, which was exported overseas. Suzuki filed as many as 120 patents and
utility model rights. For the first 30 years of the company's existence, its
focus was on the development and production of these exceptionally complex
machines.
Rolls-Royce Limited was an English car and, later, aero-engine
manufacturing company founded by Henry Royce and Charles Stewart Rolls on 15
March 1906 and was the result of a partnership formed in 1904. In 1971,
Rolls-Royce was crippled by the development of the advanced RB211 jet engine,
resulting in the nationalisation of the company. In 1973, the car division was
separated from Rolls-Royce Limited as Rolls-Royce Motors. Rolls-Royce Limited
continued as a nationalised company until it was privatised in 1987 as
Rolls-Royce plc.
In 1884,
Frederick Henry Royce started an electrical and mechanical business. He made
his first car, a "Royce", in his Manchester factory in 1904. He was
introduced to Charles Stewart Rolls at the Midland Hotel in Manchester on May 4
of that year, and the pair agreed to a deal where Royce would manufacture cars,
to be sold exclusively by Rolls. A clause was added to the contract stipulating
the cars would be called "Rolls-Royce". The company was formed on
March 15, 1906, and moved to Derby in 1908
Renault
S.A. is a French vehicle manufacturer producing cars, vans, buses, tractors,
and trucks. The company is well known for numerous revolutionary designs,
security technologies and motor racing.
When its cars
were exported to the United States during the 1950s and 1960s, the name was
commonly mispronounced as "Ren-alt" to and by the American public,
and the Americanized pronunciation continues in common usage, though the
original French has gained significant ground over recent years. Presently in
the United Kingdom it is also incorrectly pronounced as "Reh-no". The
correct pronunciation is "Ruh-no".
Producing cars since late 1898, the Renault corporation was founded in 1899 as Société Renault Frères by Louis Renault, his brothers Marcel and Fernand, and his friends Thomas Evert and Julian Wyer. Louis was a bright, aspiring young engineer who had already designed and built several models before teaming up with his brothers, who had honed their business skills working for their father's textiles firm. While Louis handled design and production, Marcel and Fernand handled company management
Producing cars since late 1898, the Renault corporation was founded in 1899 as Société Renault Frères by Louis Renault, his brothers Marcel and Fernand, and his friends Thomas Evert and Julian Wyer. Louis was a bright, aspiring young engineer who had already designed and built several models before teaming up with his brothers, who had honed their business skills working for their father's textiles firm. While Louis handled design and production, Marcel and Fernand handled company management
Nissan
Motor Company, Limited (Nissan Jido-sha Kabushiki-gaisha) (TYO: 7201 , NASDAQ:
NSANY) is a Japanese automobile manufacturer which formerly marketed vehicles
under the Datsun brand name. The company's main offices are located in the
Ginza area of Chu-o--ku, Tokyo with disassembling by 2013, but Nissan plans to
move their headquarters to Yokohama, Kanagawa by 2010, with construction
starting in 2007. In 1999, Nissan entered an alliance with Renault S.A. of
France. Nissan is among the top three Asian rivals of the "big three"
in the U.S. Currently they are the third largest Japanese car manufacturer.
The Nissan VQ
engines, of V6 configuration, have featured among Ward's 10 Best Engines for 12
straight years, since the award's inception. A new generation VQ series engine
premiered on the 2007 Infiniti G35, and the 2007 Nissan 350Z. A larger 3.7 will
be used in the G37 coupe and possibly a twin turbocharged version on the
Skyline.
Mitsubishi Motors Corporation (Mitsubishi Jido-sha Ko-gyo-
Kabushiki Kaisha?) is the sixth largest automaker in Japan and the seventeenth
largest in the world by global unit sales. It is part of the Mitsubishi
keiretsu, formerly the biggest industrial group in Japan, and was formed in
1970 from the automotive division of Mitsubishi Heavy Industries.
Throughout its
history it has courted alliances with foreign partners, a strategy pioneered by
their first president Tomio Kubo to encourage expansion, and continued by his
successors. A significant stake was sold to Chrysler Corporation in 1971 which
it held for 22 years, while DaimlerChrysler was a controlling shareholder
between 2000 and 2005. Long term joint manufacturing and technology licencing
deals with the Hyundai Motor Company in South Korea and Proton in Malaysia were
also forged, while in Europe the company co-owned the largest automobile
manufacturing plant in the Netherlands with Volvo for ten years in the 1990s,
before taking sole ownership in 2001.
Jaguar
Cars Limited is a luxury car manufacturer, originally based at Browns Lane,
Coventry, England but now at Whitley, Coventry. It was founded as the Swallow
Sidecar Company in 1922, changing to SS Cars Ltd in 1934, and becoming Jaguar
Cars Ltd in 1945. The company has been owned by Ford since 1989 and currently
forms a part of Ford's Premier Automotive Group with Volvo and Land Rover. Ford
is currently considering divesting all three Premier units. The name is
pronounced "jag you uh" in the United Kingdom, "jag wahr"
in the United States; the colloquial "Jag" is used in both.
Founded as the
Swallow Sidecar Company in 1922, by two motorcycle enthusiasts, William Lyons
and William Walmsley, the SS Jaguar name first appeared on a 2.5 litre saloon
in 1935. The Jaguar name was given to the entire company in 1945.
The Hyundai Motor Company, a division of
the Hyundai Kia Automotive Group, is South Korea's largest and the world's
Sixth Largest Automaker. Its headquarters are in Seoul, South Korea. In Ulsan,
South Korea Hyundai operates the world's largest integrated automobile
manufacturing facility which is capable of producing 1.6 million units
annually. The Hyundai logo, a slanted, stylized 'H' is said to be symbolic of
two people (the company and customer) shaking hands. Hyundai means
"modernity" in Korean.
Chung Ju-Yung
founded the Hyundai Engineering and Construction Company in 1947. Hyundai Motor
Company was later established in 1967. The company's first model, the Cortina,
was released in cooperation with Ford Motor Company in 1968. In 1975, the Pony,
the first Korean car, was released, with styling by Giorgio Giugiaro of
ItalDesign and powertrain technology provided by Japan's Mitsubishi Motors.
Exports began in the following year to Ecuador and soon thereafter to the
Benelux countries. In 1991, the company succeeded in developing its first
proprietary gasoline engine, the four-cylinder Alpha, and transmission, thus paving
the way for technological independence.
Honda
Motor Company, Limited (Honda Giken Ko-gyo- Kabushiki-gaisha, Honda Technology
Research Institute Company, Limited?) listen (help·info) (TYO: 7267 , NYSE:
HMC), or simply called Honda, is a Japanese multinational corporation, engine
manufacturer and engineering corporation. The company is perhaps most notable
for its automobiles and motorcycles, having passed Nissan to become the second
largest seller of autos in Japan. Honda also produces a long list of other
products: trucks, scooters, robots, jets and jet engines, ATV, water craft,
electrical generators, marine engines, lawn and garden equipment, and
aeronautical and other mobile technologies. Honda's line of luxury cars are
branded Acura in North America and China. More recently they have ventured into
the world of mountain bikes, producing the very first bike to use an internal
gear changing system in the Honda RN-01 G-cross.
Ford
Motor Company is an American multinational corporation and the world's third
largest automaker based on vehicle sales in 2005. Based in Dearborn, Michigan,
a suburb of Detroit, the automaker was founded by Henry Ford and incorporated
in 1903. Ford now encompasses many global brands, including Lincoln and Mercury
of the US, Jaguar, and Land Rover of the UK, and Volvo of Sweden. Ford also
owns a one-third controlling interest in Mazda.
Ford was
launched in a converted factory in 1903 with $28,000 in cash from twelve
investors, most notably John Francis Dodge and Horace Elgin Dodge who would
later found the Dodge Brothers Motor Vehicle Company. Henry Ford was 40 years
old when he founded the Ford Motor Company, which would go on to become one of
the largest and most profitable companies in the world, as well as being one of
the few to survive the Great Depression. The largest family-controlled company
in the world, the Ford Motor Company has been in continuous family control for
over 100 years.
Fiat
S.p.A., is an Italian automobile manufacturer, engine manufacturer, financial
and industrial group based in Turin, Northern Italy. Founded in 1899 by a group
of investors including Giovanni Agnelli, the company name FIAT is an acronym
for Fabbrica Italiana Automobili Torino (Italian Automobile Factory of Turin),
and it also means "let there be" in Latin. Fiat was also an aircraft
manufacturer at one time.
Fiat branded
cars are constructed all around the world; in Italy, Poland, Brazil and
Argentina. Joint Venture productions in France, Turkey, Egypt (with the state owned
Nasr car company), South Africa, India and China.
Ferrari
S.p.A. is an Italian sports car manufacturer based in Maranello and Modena,
Italy. Founded by Enzo Ferrari in 1929 as Scuderia Ferrari, the company
sponsored drivers and manufactured race cars before moving into production of
street legal vehicles in 1947 as Ferrari S.p.A.. Ferrari's cars are among the
most desirable of vehicles to own and drive, and are one of the ultimate status
symbols of wealth in the world. Throughout its history, the company has been
noted for its continued participation in racing, especially in Formula One,
where it has largely enjoyed great success, especially during the 1950s, 1960s,
1970s, late 1990s, and 2000s.
Chrysler Holdings, LLC is an American automobile manufacturer
that has independently been producing automobiles since 1925 and from 1914
under the Dodge name. From 1998 to 2007, Chrysler and its subsidiaries were
part of the German based DaimlerChrysler AG after an arduous deal dubbed a
"Merger of Equals" in 1998. Prior to 1998, Chrysler Corporation
traded under the "C" symbol on the NYSE. Under DaimlerChrysler, the
company was named DaimlerChrysler Motors Company LLC, with its U.S. operations
generally referred to as the Chrysler Group.
Chevrolet, (colloquially Chevy) , is a brand of automobile,
produced by General Motors (GM). It is the top selling GM marque and the best
known brand of GM worldwide, with "Chevrolet" or "Chevy"
being at times synonymous with GM. Chevrolet is GM's largest brand, currently
offering over 20 vehicles and many different enhanced versions in its home
market. The brand's vehicles range from subcompact cars to medium duty
commercial trucks. Its number one sellers in the United States include the
Silverado pickup, which is the second best-selling vehicle in the United States
(after the Ford F-150) and the Impala, which is the number one selling car with
a domestic nameplate in the United States.
Chevrolet was
co-founded by Louis Chevrolet and William C. Durant. Louis Chevrolet was a
race-car driver, born on December 25, 1878, in La Chaux de Fonds, Switzerland.
William Durant, founder of General Motors, had been forced out of GM in 1910
and wanted to use Louis Chevrolet's designs to rebuild his own reputation as a
force in the automobile industry. As head of Buick Motor Company, prior to
founding GM, Durant had hired Chevrolet to drive Buicks in promotional races.
Audi
AG is a German automobile manufacturer with headquarters in Ingolstadt,
Bavaria, and has been an almost wholly owned (99.7%) subsidiary of the
Volkswagen Group since 1964. The company evolved from Auto Union, NSU, Horch
and DKW, the former having incorporated the historic Audi company which was
originally founded in 1910.
Mercedes-Benz is a German brand name of automobiles, buses, coaches,
and trucks owned by DaimlerChrysler, previously Daimler-Benz (1926–1998).
Mercedes-Benz automobiles have introduced — both in the past and present — the
majority of technological and safety features common in modern vehicles.
Established in
1871, Benz & Cie. was the most important of several companies founded by
Karl Benz. The Benz patent motor wagon was ahead of its times; by 1886, Benz
had the first four-stroke engine. Karl Benz is credited as the inventor of the
first "true" automobile since Daimler's vehicle was a horse carriage
adapted with an engine, whereas the 1886 Benz automobile had a chassis designed
from scratch.
Daimler Motoren Gesellschaft-(DMG) was founded by Gottlieb Daimler and his partner Wilhelm Maybach in 1890. Daimler died in 1900 and Maybach left DMG in 1907. By then, Benz & Cie. and DMG were rivals. In 1924, owing to economic necessity after World War I, they entered into an "Agreement of Mutual Interest" valid until the year 2000. This initial agreement still allowed each company to manufacture and sell their products under their original brand names. After the official merger in June 28, 1926, the firm became known as Daimler-Benz.
Daimler Motoren Gesellschaft-(DMG) was founded by Gottlieb Daimler and his partner Wilhelm Maybach in 1890. Daimler died in 1900 and Maybach left DMG in 1907. By then, Benz & Cie. and DMG were rivals. In 1924, owing to economic necessity after World War I, they entered into an "Agreement of Mutual Interest" valid until the year 2000. This initial agreement still allowed each company to manufacture and sell their products under their original brand names. After the official merger in June 28, 1926, the firm became known as Daimler-Benz.
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