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Oltcit
Oltcit S.A. () was an automobile manufacturer, established as a joint venture between the Romanian government (64%) and Citroën (36%). Their main products were the Oltcit Club and Citroën Axel hatchbacks, assembled in Craiova, Romania. History Oltcit emerged as a result of a partnership between the Romanian state authorities (government) and the French car manufacturer Citroën. Thus, a year later, in 1977, in Craiova, the construction of a modern factory for the construction of a small car began. In 1979, at the EREN exhibition in Bucharest, the "National Economy Achievements Exhibition", the new Oltcit car brand was officially launched, which had two variants: a 652 cc and 36 HP engine and a 1130 cc and 56 HP engine. The new Oltcit cars were to be mass-produced from 1980. Four versions were produced at the factory: * Oltcit Special - equipped with a 652 cc engine from the Citroen Visa and LNA. * Oltcit Club - equipped with a 1129 cc engine and 4-speed gearbox. * Oltcit Club ...
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Oltcit Special
Oltcit S.A. () was an automobile manufacturer, established as a joint venture between the Romanian government (64%) and Citroën (36%). Their main products were the Oltcit Club and Citroën Axel hatchbacks, assembled in Craiova, Romania. History Oltcit emerged as a result of a partnership between the Romanian state authorities (government) and the French car manufacturer Citroën. Thus, a year later, in 1977, in Craiova, the construction of a modern factory for the construction of a small car began. In 1979, at the EREN exhibition in Bucharest, the "National Economy Achievements Exhibition", the new Oltcit car brand was officially launched, which had two variants: a 652 cc and 36 HP engine and a 1130 cc and 56 HP engine. The new Oltcit cars were to be mass-produced from 1980. Four versions were produced at the factory: * Oltcit Special - equipped with a 652 cc engine from the Citroen Visa and LNA. * Oltcit Club - equipped with a 1129 cc engine and 4-speed gearbox. * Oltcit ...
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Oltcit Club 12 TRS
Oltcit S.A. () was an automobile manufacturer, established as a joint venture between the Romanian government (64%) and Citroën (36%). Their main products were the Oltcit Club and Citroën Axel hatchbacks, assembled in Craiova, Romania. History Oltcit emerged as a result of a partnership between the Romanian state authorities (government) and the French car manufacturer Citroën. Thus, a year later, in 1977, in Craiova, the construction of a modern factory for the construction of a small car began. In 1979, at the EREN exhibition in Bucharest, the "National Economy Achievements Exhibition", the new Oltcit car brand was officially launched, which had two variants: a 652 cc and 36 HP engine and a 1130 cc and 56 HP engine. The new Oltcit cars were to be mass-produced from 1980. Four versions were produced at the factory: * Oltcit Special - equipped with a 652 cc engine from the Citroen Visa and LNA. * Oltcit Club - equipped with a 1129 cc engine and 4-speed gearbox. * Oltcit C ...
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Citroën Axel
The Oltcit Club was a supermini produced between 1984 and 1988 and developed in co-operation by Citroën of France and Oltcit, a joint venture company with the Romanian government. They were powered by the air-cooled engines from the Citroën GS/GSA; the air-cooled flat-twin engine from the Citroën Visa used in the Romanian-market Oltcit Special was not installed in the export-only Citroën Axel. Development history From 1965 Robert Opron worked on the Citroën G-mini prototype and project EN101, a projected replacement for the 2CV using that car's flat twin engine. It was supposed to be launched in 1970. The advanced space-efficient designs, with very compact exterior dimensions and an aerodynamic drag co-efficient Cd of 0.32, were axed because of adverse feedback from potential clients. The more conservative final design has a Cd of 0.36 (for the Axel 12 TRS, 0.37 for the Axel 11). The early seventies Citroën Prototype Y, intended to replace the 2CV-based Citroën Ami ...
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Oltcit Club
The Oltcit Club was a supermini produced between 1984 and 1988 and developed in co-operation by Citroën of France and Oltcit, a joint venture company with the Romanian government. They were powered by the air-cooled engines from the Citroën GS/GSA; the air-cooled flat-twin engine from the Citroën Visa used in the Romanian-market Oltcit Special was not installed in the export-only Citroën Axel. Development history From 1965 Robert Opron worked on the Citroën G-mini prototype and project EN101, a projected replacement for the 2CV using that car's flat twin engine. It was supposed to be launched in 1970. The advanced space-efficient designs, with very compact exterior dimensions and an aerodynamic drag co-efficient Cd of 0.32, were axed because of adverse feedback from potential clients. The more conservative final design has a Cd of 0.36 (for the Axel 12 TRS, 0.37 for the Axel 11). The early seventies Citroën Prototype Y, intended to replace the 2CV-based Citroën Ami wh ...
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Oltena
Oltena (officially ''S.C. Automobile Craiova S.A.'') was a Romanian car manufacturer formed in 1991 after the takeover of the Oltcit shares held by Citroën by the Romanian state. From 1994 and up until 2006, ''Automobile Craiova S.A.'' (''ACSA'') had as its basic activity the sale of various spare parts and accessories for Oltena, Dacia and Daewoo cars. History The beginnings The factory was founded in 1976 as the Oltcit joint venture company between the Romanian government (64%) and Citroën (36%). The factory produced cars under the Oltcit and Citroën brands for the domestic and external markets. Their main product was the Oltcit Club / Citroën Axel hatchback. The name "Oltcit" comes from the region of Oltenia in Romania, with "cit" being an abbreviation of Citroën. The Oltcit logo is also similar to the Citroën one, but features only one chevron, as opposed to the two found on Citroën's logo, plus the letter "O". The 1990s In 1991, as a result of the withdrawal of ...
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Citroën
Citroën () is a French automobile brand. The "Automobiles Citroën" manufacturing company was founded in March 1919 by André Citroën. Citroën is owned by Stellantis since 2021 and previously was part of the PSA Group after Peugeot acquired 89.95% share in 1976. Citroën's head office is located in the Stellantis Poissy Plant in Saint-Ouen-sur-Seine since 2021 (previously in Rueil-Malmaison) and its offices studies and research in Vélizy-Villacoublay, Poissy (CEMR), Carrières-sous-Poissy and Sochaux-Montbéliard. In 1934, the firm established its reputation for innovative technology with the Citroën Traction Avant, Traction Avant. This was the world's first car to be mass-produced with front-wheel drive, four-wheel independent suspension, as well as unibody construction, omitting a separate chassis, and instead using the body of the car itself as its main load-bearing structure. In 1954, they produced the world's first hydropneumatic self-levelling suspension system then, ...
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Uruguay
Uruguay (; ), officially the Oriental Republic of Uruguay ( es, República Oriental del Uruguay), is a country in South America. It shares borders with Argentina to its west and southwest and Brazil to its north and northeast; while bordering the Río de la Plata to the south and the Atlantic Ocean to the southeast. It is part of the Southern Cone region of South America. Uruguay covers an area of approximately and has a population of an estimated 3.4 million, of whom around 2 million live in the metropolitan area of its capital and largest city, Montevideo. The area that became Uruguay was first inhabited by groups of hunter–gatherers 13,000 years ago. The predominant tribe at the moment of the arrival of Europeans was the Charrúa people, when the Portuguese first established Colónia do Sacramento in 1680; Uruguay was colonized by Europeans late relative to neighboring countries. The Spanish founded Montevideo as a military stronghold in the early 18th century bec ...
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Paraguay
Paraguay (; ), officially the Republic of Paraguay ( es, República del Paraguay, links=no; gn, Tavakuairetã Paraguái, links=si), is a landlocked country in South America. It is bordered by Argentina to the south and southwest, Brazil to the east and northeast, and Bolivia to the northwest. It has a population of seven million, nearly three million of whom live in the capital and largest city of Asunción, and its surrounding metro. Although one of only two landlocked countries in South America (Bolivia is the other), Paraguay has ports on the Paraguay and Paraná rivers that give exit to the Atlantic Ocean, through the Paraná-Paraguay Waterway. Spanish conquistadores arrived in 1524, and in 1537, they established the city of Asunción, the first capital of the Governorate of the Río de la Plata. During the 17th century, Paraguay was the center of Jesuit missions, where the native Guaraní people were converted to Christianity and introduced to European culture. ...
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Ecuador
Ecuador ( ; ; Quechua: ''Ikwayur''; Shuar: ''Ecuador'' or ''Ekuatur''), officially the Republic of Ecuador ( es, República del Ecuador, which literally translates as "Republic of the Equator"; Quechua: ''Ikwadur Ripuwlika''; Shuar: ''Ekuatur Nunka''), is a country in northwestern South America, bordered by Colombia on the north, Peru on the east and south, and the Pacific Ocean on the west. Ecuador also includes the Galápagos Islands in the Pacific, about west of the mainland. The country's capital and largest city is Quito. The territories of modern-day Ecuador were once home to a variety of Indigenous groups that were gradually incorporated into the Inca Empire during the 15th century. The territory was colonized by Spain during the 16th century, achieving independence in 1820 as part of Gran Colombia, from which it emerged as its own sovereign state in 1830. The legacy of both empires is reflected in Ecuador's ethnically diverse population, with most of its mill ...
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Venezuela
Venezuela (; ), officially the Bolivarian Republic of Venezuela ( es, link=no, República Bolivariana de Venezuela), is a country on the northern coast of South America, consisting of a continental landmass and many islands and islets in the Caribbean Sea. It has a territorial extension of , and its population was estimated at 29 million in 2022. The capital and largest urban agglomeration is the city of Caracas. The continental territory is bordered on the north by the Caribbean Sea and the Atlantic Ocean, on the west by Colombia, Brazil on the south, Trinidad and Tobago to the north-east and on the east by Guyana. The Venezuelan government maintains a claim against Guyana to Guayana Esequiba. Venezuela is a federal presidential republic consisting of 23 states, the Capital District and federal dependencies covering Venezuela's offshore islands. Venezuela is among the most urbanized countries in Latin America; the vast majority of Venezuelans live in the cities of the n ...
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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 ( ...
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Costa Rica
Costa Rica (, ; ; literally "Rich Coast"), officially the Republic of Costa Rica ( es, República de Costa Rica), is a country in the Central American region of North America, bordered by Nicaragua to the north, the Caribbean Sea to the northeast, Panama to the southeast, the Pacific Ocean to the southwest, and Maritime boundary, maritime border with Ecuador to the south of Cocos Island. It has a population of around five million in a land area of . An estimated 333,980 people live in the capital and largest city, San José, Costa Rica, San José, with around two million people in the surrounding metropolitan area. The sovereign state is a Unitary state, unitary Presidential system, presidential Constitution of Costa Rica, constitutional republic. It has a long-standing and stable democracy and a highly educated workforce. The country spends roughly 6.9% of its budget (2016) on education, compared to a global average of 4.4%. Its economy, once heavily dependent on agricultu ...
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