Nanjing Automobile (Group) Corporation
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Nanjing Automobile (Group) Corporation
Nanjing Automobile is a state-owned enterprise with a history that dates from 1947,Nanjing Automobile (Group) Corporation
businessweek.com
making it the oldest of the sRover sold to Nanjing Automobile
bbc.com, Saturday, 23 July 2005, 09:36 GMT
although the comparatively younger
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Iveco
IVECO, an acronym for Industrial Vehicles Corporation, is an Italian multinational transport vehicle manufacturing company. It designs and builds light, medium, and heavy commercial vehicles. The name IVECO first appeared in 1975 after a merger of Italian, French, and German brands. Its production plants are in Europe, China, Russia, Australia and Latin America and it has about 5,000 sales and service outlets in over 160 countries. The worldwide output of the company amounts to around 150,000 commercial vehicles with a turnover of about 10 billion. The company was spun-off from CNH Industrial on 1 January 2022. It is subsidiary of Iveco Group N.V., a holding company incorporated in Amsterdam, Netherlands, and is listed on Borsa Italiana. History IVECO was incorporated on 1 January 1975, with the merger of five different brands: FIAT Veicoli Industriali (with headquarters in Turin), OM (Brescia, Italy), Lancia Veicoli Speciali (Italy), Unic (France), and Magirus-Deutz (Germany ...
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Intellectual Property
Intellectual property (IP) is a category of property that includes intangible creations of the human intellect. There are many types of intellectual property, and some countries recognize more than others. The best-known types are patents, copyrights, trademarks, and trade secrets. The modern concept of intellectual property developed in England in the 17th and 18th centuries. The term "intellectual property" began to be used in the 19th century, though it was not until the late 20th century that intellectual property became commonplace in the majority of the world's legal systems."property as a common descriptor of the field probably traces to the foundation of the World Intellectual Property Organization (WIPO) by the United Nations." in Mark A. Lemley''Property, Intellectual Property, and Free Riding'', Texas Law Review, 2005, Vol. 83:1031, page 1033, footnote 4. The main purpose of intellectual property law is to encourage the creation of a wide variety of intellectual goo ...
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Honda
is a Japanese public multinational conglomerate manufacturer of automobiles, motorcycles, and power equipment, headquartered in Minato, Tokyo, Japan. Honda has been the world's largest motorcycle manufacturer since 1959, reaching a production of 400 million by the end of 2019, as well as the world's largest manufacturer of internal combustion engines measured by volume, producing more than 14 million internal combustion engines each year. Honda became the second-largest Japanese automobile manufacturer in 2001. In 2015, Honda was the eighth largest automobile manufacturer in the world. Honda was the first Japanese automobile manufacturer to release a dedicated luxury brand, Acura, in 1986. Aside from their core automobile and motorcycle businesses, Honda also manufactures garden equipment, marine engines, personal watercraft, power generators, and other products. Since 1986, Honda has been involved with artificial intelligence/robotics research and released their ASIMO rob ...
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Blueprint
A blueprint is a reproduction of a technical drawing or engineering drawing using a contact print process on light-sensitive sheets. Introduced by Sir John Herschel in 1842, the process allowed rapid and accurate production of an unlimited number of copies. It was widely used for over a century for the reproduction of specification drawings used in construction and industry. The blueprint process was characterized by white lines on a blue background, a negative of the original. The process was not able to reproduce color or shades of grey. The process is now obsolete. It was first largely displaced by the diazo whiteprint process, and later by large-format xerographic photocopiers. The term ''blueprint'' continues to be used less formally to refer to any floor plan (and even less formally, any type of plan). Practicing engineers, architects, and drafters often call them "drawings", “prints”, or “plans”. It has almost entirely been replaced with digital computer-aided ...
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MG F
The MG F and MG TF are mid-engined, rear wheel drive roadster cars that were sold under the MG marque by three manufacturers between 1995 and 2011. The MG F was the first new model designed as an MG since the MGB that was produced from 1962 to 1980, the marque spent the 1980s being used to denote performance models from then parent Austin Rover Group, and was briefly seen on the MG RV8, a limited edition relaunch of the MG MGB which was sold between 1993 and 1995. The MG F was initially designed by Rover Group during the period it was owned by British Aerospace and was brought to market after the business had been sold to the German car manufacturer BMW. The BMW owned Rover Group manufactured the model from 1995 to 2000. BMW broke up Rover Group in 2000, divesting the Rover and MG passenger car businesses to a management buy-out who formed the independent MG Rover business. MG Rover manufactured the MG F from 2000 onwards, heavily updating it to become the MG TF in 2002. M ...
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Rover 75
The Rover 75 is an executive car manufactured initially by the Rover Group and later by MG Rover, under the Rover marque and available over a single generation with front-wheel drive in either saloon/sedan or station wagon/estate configurations. Later variants included an extended-wheelbase model, and a rear-wheel drive variant with a V8 engine. In 2001, MG Rover launched a badge engineered variant, the MG ZT. A coupe concept was built, but did not receive further development. Rover 75s were manufactured by the Rover Group at Cowley, Oxfordshire, for one year. After owner BMW sold Rover, the 75 was manufactured by the new MG Rover Group at their Longbridge site in Birmingham. The Rover 75 debuted at the Birmingham Motor Show, with deliveries commencing in February 1999. As the last Rover executive sedan/saloon, production of all models ended in 2005 when MG Rover Group entered receivership. History The Rover 75 started life as part of a group of three new designs for the c ...
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Austin Motor Company
The Austin Motor Company Limited was an English manufacturer of motor vehicles, founded in 1905 by Herbert Austin in Longbridge. In 1952 it was merged with Morris Motors Limited in the new holding company British Motor Corporation (BMC) Limited, keeping its separate identity. The marque Austin was used until 1987. The trademark is currently owned by the Chinese firm SAIC Motor, after being transferred from bankrupt subsidiary Nanjing Automotive which had acquired it with MG Rover Group in July 2005. History 1905–1918: Formation and development While running the original Wolseley business, which had a highly cyclical sales pattern, Herbert Austin searched for products with a steady demand. Starting in 1895, he built three cars in his free time. They were among Britain's first cars. The third car, a four-wheeler, was completed in 1899. By 1901 his fellow directors could not see future profit in motor vehicles and so with their blessing and the backing of the Vickers bro ...
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Administration (law)
As a legal concept, administration is a procedure under the insolvency laws of a number of common law jurisdictions, similar to bankruptcy in the United States. It functions as a rescue mechanism for insolvent entities and allows them to carry on running their business. The process – in the United Kingdom colloquially called being "under administration" – is an alternative to liquidation or may be a precursor to it. Administration is commenced by an administration order. A company in administrative receivership is operated by an administrator (as interim chief executive with custodial responsibility for the company's assets and obligations) on behalf of its creditors. The administrator may recapitalize the business, sell the business to new owners, or demerge it into elements that can be sold and close the remainder. Most countries distinguish between voluntary (board-decided) and involuntary (court-decided) receivership. In voluntary administrative receivership, the administ ...
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MG Rover Group
MG Rover Group was the last domestically owned mass-production car manufacturer in the British motor industry. The company was formed when BMW sold the car-making and engine manufacturing assets of the original Rover Group to the Phoenix Consortium in 2000. MG Rover went into administration in 2005 and its key assets were purchased by Nanjing Automobile Group, with Nanjing restarting MG sports car and sports saloon production in 2007. During that year Nanjing merged with SAIC Motor (the largest vehicle manufacturer in China). During 2009 the UK subsidiary was renamed MG Motor UK. The MG TF was manufactured at the former MG Rover Longbridge plant and sold within the UK from 2008 to 2010. In 2011 the first all new MG for 16 years (the MG 6) was launched in the UK (assembled at the Longbridge factory). During 2013 a supermini was added to the line up (the MG 3), this went on to help MG Motor become the fastest growing car manufacturer within the UK in 2014. The Rover brand, wh ...
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Nanjing Yuejin Soyat
The Soyat is a subcompact hatchback built by the Wuxi Soyat (南汽新雅途) branch of Nanjing Automobile (Group) Corporation. The car is based on the original 1984 ('System Porsche') version of the SEAT Ibiza Mark I (1984-1993). History After the first generation Ibiza was replaced, the technology and production line were bought by a joint venture between Nanjing Yuejin and the Malaysian Lion Group in 1997. Production did not begin, however, until Fiat took over the Lion Group's share in Jiangsu Nanya Auto, as the company was called. In 1999 the SEAT design was modified for the Chinese market and then rebranded as the Zhongguo Nanjing NJ6400, later as the modernized and fuel injected GHR Encore. This model continued until October 2003 when the Ibiza license expired and the design had to be updated. In March 2004 a Chinese mobile phone manufacturer called Ningbo Bird decided that it too wanted to get into the process of car manufacture. With Ningbo Bird joining the ori ...
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SEAT Ibiza
The SEAT Ibiza is a supermini car that has been manufactured by Spanish car manufacturer SEAT since 1984. It is SEAT's best-selling car. The Ibiza is named after the Spanish island of Ibiza and was the second SEAT model to be named after a Spanish location, after the SEAT Málaga. It was introduced at the 1984 Paris Motor Show as the first car developed by SEAT as an independent company, although it was designed by SEAT in collaboration with well-known firms including Italdesign, Karmann, and Porsche. From the second-generation version onwards, SEAT formed part of the German automotive industry concern Volkswagen Group. All subsequent Ibiza generations, and the rest of the SEAT model range, incorporated Volkswagen Group platforms, parts, and technologies. The Ibiza spans five generations, among which it has debuted twice (in its second and in its fourth generations) a new platform of the Volkswagen Group. All of them were the top-selling model in SEAT's product line. The Ibiz ...
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