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Rimac Automobili
Rimac Automobili (, \'Ri-mats\) is a Croatian car manufacturer headquartered in Sveta Nedelja, Croatia, that develops and produces electric sports cars, drivetrains and battery systems. The company was founded in 2009 by Mate Rimac. Rimac Automobili's first model, the Concept One, was the world's fastest production electric vehicle. While manufacturing and marketing high-performance vehicles under its own brand, Rimac also develops and produces battery packs, drivetrain systems, and vehicles for other companies. The Applus+ IDIADA Volar-E is an example of a product developed for another company. During the 88th Geneva International Motor Show in March 2018, the company unveiled its second model, the Rimac Nevera. History The groundwork for the company was laid in 2007 as a hobby garage activity of Mate Rimac. Working on his own, he converted his BMW 3 Series (E30) to incorporate an electric powertrain and subsequently gained attention from the press and investors. A signif ...
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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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BMW 3 Series (E30)
The BMW E30 is the second generation of BMW 3 Series, which was produced from 1982 to 1994 and replaced the E21 3 Series. The model range included 2-door coupe and convertible body styles, as well as being the first 3 Series to be produced in 4-door sedan and wagon/estate body styles. It was powered by four-cylinder petrol, six-cylinder petrol and six-cylinder diesel engines, the latter a first for the 3 Series. The E30 325iX model was the first BMW to have all-wheel drive. The first BMW M3 model was built on the E30 platform and was powered by the high-revving BMW S14 four-cylinder petrol engine, which produced in its final iteration. The BMW Z1 roadster was also based on the E30 platform. Following the launch of the E36 3 Series in 1990, the E30 began to be phased out. Development Development of the E30 3 Series began in July 1976, with styling being developed under chief designer Claus Luthe with exterior styling led by Boyke Boyer. In 1978, the final design was approve ...
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Opel Speedster
The Opel Speedster is a mid-engined, targa-topped, two-seat sports car sold by German automaker Opel and introduced in July 2000. It was built in both RHD and LHD versions at the Lotus Cars plant in Hethel, Norfolk, England. It was presented at the Geneva Motor Show in March 1999 and went into full production the following year. It was sold by Vauxhall as the VX220 in the United Kingdom and shared much in common with the Lotus Elise, although Opel claimed few parts were interchangeable. Design and development Due to changes in European crash safety regulations for the 2000 model year, Lotus needed to replace the original Elise. In October 1999, a deal was made between Lotus and General Motors in order for the former to gain sufficient funds to develop a new Elise. As part of the deal, Lotus agreed to develop and produce the Opel Speedster and Vauxhall VX220 on its new Series 2 Elise chassis. The first Speedster concept car was shown at the 1999 Geneva Motor Show. Whilst ...
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BMW 3 Series
The BMW 3 Series is a line of compact executive cars manufactured by the German automaker BMW since May 1975. It is the successor to the 02 Series and has been produced in seven generations. The first generation of the 3 Series was only available as a 2-door saloon; however, the model range has since expanded to include a 4-door saloon, 2-door convertible, 2-door coupé, 5-door estate, 5-door liftback (" Gran Turismo") and 3-door hatchback body styles. Since 2013, the coupé and convertible models have been marketed as the 4 Series; therefore, the 3 Series range no longer includes these body styles. The 3 Series is BMW's best-selling model, accounting for around 30% of the BMW brand's annual total sales (excluding motorbikes), and has won numerous awards throughout its history. The M version of the 3 series, M3, debuted with the E30 M3 in 1986. First generation (E21; 1975) The E21 replaced the 02 Series and was initially available as a 2-door sedan (also described ...
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Bugatti Automobiles
Bugatti Automobiles S.A.S. () is a French luxury automobile manufacturer and luxury brand for hyper sports cars. The company was founded in 1998 as a subsidiary of the Volkswagen Group and is based in Molsheim, Alsace, France. The Bugatti name was first made famous by Ettore Bugatti (1881–1947), who established the original Bugatti automobile brand in 1909 at Molsheim and built sports, racing and luxury cars. In November 2021, the company became part of Bugatti Rimac, a joint venture between Rimac Group and Porsche AG. Since November 1, 2021, the company has been led by Mate Rimac as chief executive officer of Bugatti Rimac. History On December 22, 1998, Volkswagen AG, a German automotive manufacturer now controlled by Porsche SE, established Bugatti Automobiles S.A.S. as a French-registered, wholly-owned subsidiary. On the same day, the company took over the design and naming rights to Bugatti from Italian businessman Romano Artioli, who built supercars (such as the EB ...
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Porsche
Dr. Ing. h.c. F. Porsche AG, usually shortened to Porsche (; see #Pronunciation, below), is a German automobile manufacturer specializing in high-performance sports cars, SUVs and sedans, headquartered in Stuttgart, Baden-Württemberg, Germany. The company is owned by Volkswagen Group, Volkswagen AG, a controlling stake of which is owned by Porsche Automobil Holding SE. Porsche's current lineup includes the Porsche Boxster/Cayman, 718 Boxster/Cayman, Porsche 992, 911 (992), Porsche Panamera, Panamera, Porsche Macan, Macan, Porsche Cayenne, Cayenne and Porsche Taycan, Taycan. History Origin Ferdinand Porsche (1875–1951) founded the company called "Dr. Ing. h. c. F. Porsche Gesellschaft mit beschränkter Haftung, GmbH" with Adolf Rosenberger and Anton Piëch in 1931. The main offices was at Kronenstraße 24 in the centre of Stuttgart. Initially, the company offered motor vehicle development work and consulting, but did not build any cars under its own name. One of the first as ...
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Kia Motors
Kia Corporation, commonly known as Kia (, ; formerly known as Kyungsung Precision Industry and Kia Motors Corporation), is a South Korean multinational automobile manufacturer headquartered in Seoul, South Korea. It is South Korea's second largest automobile manufacturer, after its parent company, Hyundai Motor Company, with sales of over 2.8 million vehicles in 2019. the Kia Corporation is minority owned by Hyundai, which holds a 33.88% stake valued at just over US$6 billion. Kia in turn is a minority owner of more than twenty Hyundai subsidiaries ranging from 4.9% up to 45.37%, totaling more than US$8.3 billion. Etymology According to the company, the name "Kia" derives from the Sino-Korean characters (, 'to arise') and (, which stands for 亞細亞, meaning 'Asia'); it is roughly translated as "Rising from (East) Asia." History Origins and early expansion Kia was founded on June 9, 1944, as Kyungsung Precision Industry, a manufacturer of steel tubi ...
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Hyundai Motor Company
Hyundai Motor Company, often abbreviated to Hyundai Motors ( ) and commonly known as Hyundai (, ; ), is a South Korean multinational automotive manufacturer headquartered in Seoul, South Korea, and founded in 1967. Currently, the company owns 33.88 percent of Kia Corporation, and also fully owns two marques including its luxury cars subsidiary, Genesis Motor, and an electric vehicle sub-brand, Ioniq. Those three brands altogether comprise the Hyundai Motor Group. Hyundai operates the world's largest integrated automobile manufacturing facility in Ulsan, South Korea which has an annual production capacity of 1.6 million units. The company employs about 75,000 people worldwide. Hyundai vehicles are sold in 193 countries through 5,000 dealerships and showrooms. History Chung Ju-Yung (1915–2001) founded the Hyundai Engineering and Construction Company in 1947. Hyundai Motor Company was later established in 1967, and the company's first model, the Cortina, was relea ...
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Porsche Engineering
Porsche Engineering (Porsche Engineering Group GmbH) was established in 2001 as a wholly owned subsidiary of Porsche AG, with headquarters in Weissach, and traces its history back to 1931 when Porsche created its first engineering office subsidiary. Porsche Engineering Group has been re-organized into Porsche Consulting (subsidiary of Porsche AG) and Porsche Engineering (subsidiary of Porsche SE). Porsche Engineering has offered consultancy services to various other car manufacturers for many years including Audi, Mercedes-Benz, Opel, Studebaker, SEAT, and Zastava Automobiles. Since 2012 the company has managed the former FIAT owned Nardò Ring in Italy. Notable non-Porsche products * Torsion bar suspension developed by Porsche, was patented in 1931 * Lada Samara was partly developed by Porsche in 1984 * SEAT Ibiza engine in 1984 * Harley-Davidson Revolution 60-degree v-twin water-cooled engine and gearbox that is used in their V-Rod motorcycle * Audi RS2 1993 * Porsche C88, C88 a ...
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Volkswagen Group
Volkswagen AG (), known internationally as the Volkswagen Group, is a German multinational automotive manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. The company designs, manufactures and distributes passenger and commercial vehicles, motorcycles, engines and turbomachinery, as well as offering related services, including financing, leasing and fleet management. In 2016, it was the world's largest automaker by sales, and keeping this title in 2017, 2018 and 2019, selling 10.9 million vehicles. It has maintained the largest market share in Europe for over two decades. It ranked seventh in the 2020 ''Fortune'' Global 500 list of the world's largest companies. The Volkswagen Group sells passenger cars under the Audi, Bentley, Cupra, Lamborghini, Porsche, SEAT, Škoda and Volkswagen brands; motorcycles under the Ducati name; light commercial vehicles under the Volkswagen Commercial Vehicles brand; and heavy commercial vehicles via the marques of listed subsi ...
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