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Calsonic
was a Japanese automotive, automotive company with 58 manufacturing, manufacturing centres spread throughout the United States, European Union, South Korea, Mexico, Thailand, South Africa, India, China, and Malaysia. The corporation was the result of a merger in 2000 between Calsonic Corp., which specialized in air conditioners and heat exchangers, and gauge maker Kansei Corp.. Nissan increased its shareholding in the company from 27.6 percent to 41.7 percent in January 2005. In November 2016, Nissan confirmed plans to sell its stake to U.S. private equity firm Kohlberg Kravis Roberts, who later obtained the rest of the company as well in February 2017. In early 2019, Calsonic Kansei was merged with auto-parts maker Magneti Marelli, which was purchased for 6.2 billion euros from Fiat Chrysler Automobiles, by its parent and 100% owning fund, Kohlberg Kravis Roberts, KKR. History On August 25, 1938, Calsonic Corp. was founded as Nihon Radiator Manufacturing Company, Ltd., with Rad ...
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Magneti Marelli
Magneti Marelli S.p.A. () is an Italian developer and manufacturer of components for the automotive industry. The firm is headquartered in Corbetta, Italy, and includes 86 manufacturing plants, 12 R&D centres, and 26 application centers in 19 countries, with 43,000 employees and a turnover of 7.9 billion euro in 2016. Subsidiaries and brands of the company include AL-Automotive Lighting, Carello, Cromodora, Cofap, Ergom Automotive, Jaeger, Mako Elektrik, Paraflu, Securvia, Seima, Siem SpA, Solex, Veglia Borletti, Vitaloni, and Weber. History Founded in 1919 as ''Fabbrica Italiana Magneti Marelli'' (FIMM), a joint-venture between Fiat and Ercole Marelli (1891–1993), an Italian electrical manufacturing company, the firm initially made ignition magnetos for the automotive and aviation industries, with its first plant in Sesto San Giovanni near Milan. It was a subsidiary of FIAT (now FCA Italy) from 1967 onwards. On 22 October 2018, FCA announced that Magneti Marelli was ...
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Kita-ku, Saitama
250px, Ōmiya Bonsai Village is one of ten wards of the city of Saitama, in Saitama Prefecture, Japan, and is located in the northwestern part of the city. , the ward had an estimated population of 148,935 and a population density of 8800 persons per km². Its total area was . Geography Kita-ward is located in the northwestern side of the city of Saitama. Neighboring Municipalities Saitama Prefecture *Ageo * Nishi-ku * Ōmiya-ku * Minuma-ku History The villages of Ōsato, Nisshin, and Miyahara were created within Kitaadachi District, Saitama with the establishment of the municipalities system on April 1, 1889. The three villages were merged with Ōmiya Town in 1940, becoming part of the city of Ōmiya. On May 1, 2001, Ōmiya merged with Urawa and Yono cities to form the new city of Saitama. When Saitama was proclaimed a designated city in 2003, the northwestern portion of former Ōmiya city consisting of the three former villages and a portion of the original Ōmiya villag ...
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Saitama (city)
is the capital and the most populous Cities of Japan, city of Saitama Prefecture, Japan. Its area incorporates the former cities of Urawa, Saitama, Urawa, Ōmiya, Saitama, Ōmiya, Yono, Saitama, Yono and Iwatsuki, Saitama, Iwatsuki. It is a Cities designated by government ordinance of Japan, city designated by government ordinance. Being in the Greater Tokyo Area and lying 15 to 30 kilometres north of central Tokyo, many of its residents commute into Tokyo. , the city had an estimated population of 1,324,854, and a population density of 6,093 people per km² (15,781 people per mi²). Its total area is . Etymology The name "Saitama" originally comes from the of what is now the city of Gyoda, Saitama, Gyōda in the northern part of what is now known as Saitama Prefecture. "Sakitama" has an ancient history and is mentioned in the famous 8th century poetry anthology ''Man'yōshū''. The pronunciation has changed from Sakitama to Saitama over the years. With the merger of Urawa, ...
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Fiat Chrysler Automobiles
Fiat Chrysler Automobiles N.V. (FCA) was an Italian-American multinational corporation primarily known as a manufacturer of automobiles, commercial vehicles, auto parts and production systems. The Italian holding company Exor was the largest shareholder and owner of voting rights. At the time it was the world's eighth largest automobile maker. The group was established in October 2014 through the merger of Chrysler Group and Fiat S.p.A. Its corporate headquarters were domiciled in Amsterdam and its financial headquarters were in London. The holding company was listed on the New York Stock Exchange and Milan's Borsa Italiana. Exor, an Italian investment group controlled by the Agnelli family, owned 29.19% of FCA and controlled 44.31% through a loyalty voting mechanism.FCA_2014_Annual_Report.pdfFCA Annual_Report at 31 December 2014 Retrieved 4 March 2016. FCA's mass-market brands operated through two main subsidiaries: FCA Italy (previously Fiat Group Automobiles SpA) with he ...
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Nissan
, trade name, trading as Nissan Motor Corporation and often shortened to Nissan, is a Japanese multinational corporation, multinational Automotive industry, automobile manufacturer headquartered in Nishi-ku, Yokohama, Japan. The company sells its vehicles under the Nissan, Infiniti, and Datsun brands, with in-house performance tuning products (including cars) labelled Nismo. The company traces back to the beginnings of the 20th century, with the Nissan ''zaibatsu'', now called Nissan Group. Since 1999, Nissan has been part of the Renault–Nissan–Mitsubishi Alliance (Mitsubishi joining in 2016), a partnership between Nissan and Mitsubishi Motors of Japan, with Renault of France. , Renault holds a 43.4% voting stake in Nissan, while Nissan holds a 15% non-voting stake in Renault. Since October 2016 Nissan has held a 34% controlling stake in Mitsubishi Motors. In 2013, Nissan was the sixth largest automaker in the world, after Toyota, General Motors, Volkswagen Group, Hyundai ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Thailand
Thailand ( ), historically known as Siam () and officially the Kingdom of Thailand, is a country in Southeast Asia, located at the centre of the Indochinese Peninsula, spanning , with a population of almost 70 million. The country is bordered to the north by Myanmar and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the west by the Andaman Sea and the extremity of Myanmar. Thailand also shares maritime borders with Vietnam to the southeast, and Indonesia and India to the southwest. Bangkok is the nation's capital and largest city. Tai peoples migrated from southwestern China to mainland Southeast Asia from the 11th century. Indianised kingdoms such as the Mon, Khmer Empire and Malay states ruled the region, competing with Thai states such as the Kingdoms of Ngoenyang, Sukhothai, Lan Na and Ayutthaya, which also rivalled each other. European contact began in 1511 with a Portuguese diplomatic mission to Ayutthaya, w ...
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Heater Core
A heater core is a radiator-like device used in heating the cabin of a vehicle. Hot coolant from the vehicle's engine is passed through a winding tube of the core, a heat exchanger between coolant and cabin air. Fins attached to the core tubes serve to increase surface area for heat transfer to air that is forced past them by a fan, thereby heating the passenger compartment. How it works The internal combustion engine in most cars and trucks is cooled by a water and antifreeze mixture that is circulated through the engine and radiator by a water pump to enable the radiator to give off engine heat to the atmosphere. Some of that coolant can be diverted through the heater core to give some engine heat to the cabin, or adjust the temperature of the conditioned air. A heater core is a small radiator located under the dashboard of the vehicle, and it consists of conductive aluminium or brass tubing with cooling fins to increase surface area. Hot coolant passing through the heate ...
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Muffler
A muffler (North American and Australian English) or silencer (British English) is a device for reducing the noise emitted by the exhaust of an internal combustion engine—especially a noise-deadening device forming part of the exhaust system of an automobile. Description Mufflers are installed within the exhaust system of most internal combustion engines. The muffler is engineered as an acoustic device to reduce the loudness of the sound pressure created by the engine by acoustic quieting. The noise of the burning-hot exhaust gas exiting the engine at high speed is abated by a series of passages and chambers lined with roving fiberglass insulation and/or resonating chambers harmonically tuned to cause destructive interference, wherein opposite sound waves cancel each other out. An unavoidable side effect of this noise reduction is the restriction of the exhaust gas flow, which creates back pressure, which can decrease engine efficiency. This is because the engine exha ...
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Radiator (engine Cooling)
Radiators are heat exchangers used for cooling internal combustion engines, mainly in automobiles but also in piston-engined aircraft, railway locomotives, motorcycles, stationary generating plant or any similar use of such an engine. Internal combustion engines are often cooled by circulating a liquid called ''engine coolant'' through the engine block, and cylinder head where it is heated, then through a radiator where it loses heat to the atmosphere, and then returned to the engine. Engine coolant is usually water-based, but may also be oil. It is common to employ a water pump to force the engine coolant to circulate, and also for an axial fan to force air through the radiator. Automobiles and motorcycles In automobiles and motorcycles with a liquid-cooled internal combustion engine, a radiator is connected to channels running through the engine and cylinder head, through which a liquid (coolant) is pumped. This liquid may be water (in climates where water is unlik ...
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Private Equity Firm
A private equity firm is an investment management company that provides financial backing and makes investments in the private equity of startup or operating companies through a variety of loosely affiliated investment strategies including leveraged buyout, venture capital, and growth capital. Often described as a financial sponsor, each firm will raise funds that will be invested in accordance with one or more specific investment strategies. Typically, a private equity firm will raise pools of capital, or private-equity funds that supply the equity contributions for these transactions. Private equity firms will receive a periodic management fee as well as a share in the profits earned (carried interest) from each private-equity fund managed. Private equity firms, with their investors, will acquire a controlling or substantial minority position in a company and then look to maximize the value of that investment. Private-equity firms generally receive a return on their investme ...
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Autonews
''Automotive News'' is a weekly newspaper written for the automotive industry, predominantly individuals corresponding with automobile manufacturers and automotive suppliers. Based in Detroit and owned by Crain Communications Inc, ''Automotive News'' is deemed to be the newspaper of record for the automotive industry. The brand has a team of more than 55 editors and reporters globally. The company has its headquarters at 1155, Gratiot Avenue in downtown Detroit. History George Slocum had felt for years that the auto industry needed a trade newspaper, and in 1925 he secured the financial backing to start one. ''Automotive News'' started as ''Automotive Daily News'' Slocum Publishing issued the first issue in New York on August 27, 1925, Slocum as its Detroit advertising manager. The chief backer of ''Automotive Daily News'' was Bernarr Macfadden. In 1933, Slocum purchased the other investors' interest, moved the paper to Detroit and switched from publishing fives times a w ...
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