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Citroën India
Established in 1919, Citroën is a French automobile brand owned by Stellantis. Citroën was part of the PSA Group before Stellantis N.V. was formed in 2021 on the basis of a merger between Peugeot S.A. (Groupe PSA) and Fiat Chrysler Automobiles N.V. (FCA). In 2019, the erstwhile PSA group launched the Citroën brand in India along with manufacturing operations through a vehicle assembly plant in Thiruvallur and a powertrain facility in Hosur (both via JVs with CK Birla Group). Consequently, the Stellantis group has increased its investment in the JVs with CK Birla and is now a majority shareholder . The Thiruvallur facility produces the C5 Aircross SUV, C3 & E-C3 for Citroën India. The Hosur plant builds gearboxes primarily for exports and manufactures engines for domestic needs and exports. History This is the third attempt by Groupe PSA to enter the Indian market. During the presentation of FY18 results of Groupe PSA, the chairman confirmed that Citroën was the chosen br ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Facelift (automotive)
An automotive facelift (also known as mid-generational refresh, minor model change or minor model update, life cycle impulse) comprises changes to a vehicle's styling during its production run – including, to highly variable degree, new sheetmetal, interior design elements or mechanical changes – allowing a carmaker to freshen a model without complete redesign. While the life cycle of cars hovers around six to eight years until a full model change, facelifts are generally introduced around three years in their production cycle. A facelift retains the basic styling and platform of the car, with aesthetic alterations, e.g., changes to the front fascia (grille, headlights), taillights, bumpers, instrument panel and center console, and various body or interior trim accessories. Mechanical changes may or may not occur concurrently with the facelift (e.g., changes to the engine, suspension or transmission). __TOC__ History In the 1920s, General Motors under th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2019 Establishments In Tamil Nadu
Nineteen or 19 may refer to: * 19 (number), the natural number following 18 and preceding 20 * one of the years 19 BC, AD 19, 1919, 2019 Films * ''19'' (film), a 2001 Japanese film * ''Nineteen'' (film), a 1987 science fiction film Music * 19 (band), a Japanese pop music duo Albums * ''19'' (Adele album), 2008 * ''19'', a 2003 album by Alsou * ''19'', a 2006 album by Evan Yo * ''19'', a 2018 album by MHD * ''19'', one half of the double album ''63/19'' by Kool A.D. * ''Number Nineteen'', a 1971 album by American jazz pianist Mal Waldron * ''XIX'' (EP), a 2019 EP by 1the9 Songs * "19" (song), a 1985 song by British musician Paul Hardcastle. * "Nineteen", a song by Bad4Good from the 1992 album ''Refugee'' * "Nineteen", a song by Karma to Burn from the 2001 album ''Almost Heathen''. * "Nineteen" (song), a 2007 song by American singer Billy Ray Cyrus. * "Nineteen", a song by Tegan and Sara from the 2007 album '' The Con''. * "XIX" (song), a 2014 song by Slipknot. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Companies Established In 2019
Indian or Indians may refer to: Peoples South Asia * Indian people, people of Indian nationality, or people who have an Indian ancestor ** Non-resident Indian, a citizen of India who has temporarily emigrated to another country * South Asian ethnic groups, referring to people of the Indian subcontinent, as well as the greater South Asia region prior to the 1947 partition of India * Anglo-Indians, people with mixed Indian and British ancestry, or people of British descent born or living in the Indian subcontinent * East Indians, a Christian community in India Europe * British Indians, British people of Indian origin The Americas * Indo-Canadians, Canadian people of Indian origin * Indian Americans, American people of Indian origin * Indigenous peoples of the Americas, the pre-Columbian inhabitants of the Americas and their descendants ** Plains Indians, the common name for the Native Americans who lived on the Great Plains of North America ** Native Americans in the U ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paris Motor Show 2018, Paris (1Y7A1245) (cropped)
Paris () is the Capital city, capital and List of communes in France with over 20,000 inhabitants, most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), making it the List of cities proper by population density, 30th most densely populated city in the world in 2020. Since the 17th century, Paris has been one of the world's major centres of finance, diplomacy, commerce, Fashion capital, fashion, gastronomy, and science. For its leading role in the arts and sciences, as well as its very early system of street lighting, in the 19th century it became known as "the City of Light". Like London, prior to the Second World War, it was also sometimes called Caput Mundi#Paris, the capital of the world. The City of Paris is the centre of the Île-de-France Regions of France, region, or Paris Region, with an estimated population of 12,262,544 in 2019, or about 19% of the population of France, making the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
