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Samsung Commercial Vehicles
Samsung Commercial Vehicles ( ko, 삼성상용차, ) was a South Korean trucks, bus and construction equipment manufacturer established by the Samsung Group in 1996 and closed in 2000 as a result of the 1997 Asian financial crisis. The company was formed through a corporate spin-off from Samsung Heavy Industries. History In 1992, Samsung started to seek approval to create a commercial vehicles' assembly plant through Samsung Heavy Industries, with Nissan Diesel's technological assistance. By 1994 the local government reluctantly granted all permissions, although Samsung Heavy Industries was assembling heavy trucks from May 1993, and also produced electric car prototypes between 1993 and 1994 (SEV-I, SEV-II and SEV-III). In 1996, Samsung Commercial Vehicles was spun off from Samsung Heavy Industries and on the same year was started the construction of a commercial vehicle plant in Daegu. Truck production was moved from Changwon to the new facility by late 1997. The company also op ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Changwon
Changwon () is the capital city of Gyeongsangnam-do, on the southeast coast of South Korea. With a population of 1.07 million , Changwon is South Korea's ninth-most populous city. A port city, Changwon is bordered by Masan Bay to the south, and the cities of Busan and Gimhae to the east. The city of Miryang lies to the northeast, and Jinju to the west. The region has been inhabited since the Bronze Age, and its urban areas have been renamed and re-organized many times throughout history. In 1974, with the creation of the Changwon National Industrial Complex, the three historically interdependent cities of Masan, Jinhae, and Changwon began to undergo significant economic development, growing into an important industrial centre. On 1 July 2010, the cities of Changwon, Jinhae, and Masan merged to form the current city of Changwon. As Korea's first planned city, modeled after Canberra, Australia, Changwon uses accessible urban planning including many parks and separate resid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Wiley & Sons
John Wiley & Sons, Inc., commonly known as Wiley (), is an American multinational publishing company founded in 1807 that focuses on academic publishing and instructional materials. The company produces books, journals, and encyclopedias, in print and electronically, as well as online products and services, training materials, and educational materials for undergraduate, graduate, and continuing education students. History The company was established in 1807 when Charles Wiley opened a print shop in Manhattan. The company was the publisher of 19th century American literary figures like James Fenimore Cooper, Washington Irving, Herman Melville, and Edgar Allan Poe, as well as of legal, religious, and other non-fiction titles. The firm took its current name in 1865. Wiley later shifted its focus to scientific, technical, and engineering subject areas, abandoning its literary interests. Wiley's son John (born in Flatbush, New York, October 4, 1808; died in East Orange, New Je ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scania AB
Scania AB is a major Swedish manufacturer headquartered in Södertälje, focusing on commercial vehicles—specifically heavy lorries, trucks and buses. It also manufactures diesel engines for heavy vehicles as well as marine and general industrial applications. Scania was formed in 1911 through the merger of Södertälje-based Vabis and Malmö-based Maskinfabriks-aktiebolaget Scania. Since 1912, the company has been re-located again to Södertälje after the merger. Today, Scania has production facilities in Sweden, France, the Netherlands, Thailand, China, India, Argentina, Brazil, Poland, Russia and Finland. In addition, there are assembly plants in ten countries in Africa, Asia and Europe. Scania's sales and service organisation and finance companies are worldwide. In 2012, the company employed approximately 42,100 people around the world. Scania was listed on the NASDAQ OMX Stockholm stock exchange from 1996 to 2014. The company is a subsidiary of Traton, part of the Vo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ward's
Ward's is an American organization that has covered the automotive industry for over 80 years. The organization is responsible for several publications including, ''Ward's AutoWorld'', and ''Ward's Dealer Business''. Ward's also publish the annual list of Ward's 10 Best Engines. Ward's was acquired by International Thomson Publishing in 1981 and sold to K-III (later Primedia) in 1990. Prism Business Media acquired Ward's from Primedia in 2005; Penton merged with Prism in 2006. Penton was acquired by Informa in 2016. ''Ward's AutoWorld'' ''Ward's AutoWorld'' is an automobile A car or automobile is a motor vehicle with Wheel, wheels. Most definitions of ''cars'' say that they run primarily on roads, Car seat, seat one to eight people, have four wheels, and mainly transport private transport#Personal transport, pe ... trade magazine. It has been published since 1924, originally as ''Cram Report'', and continues into modern times with a monthly print version (''Ward's A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Renault Trucks
Renault Trucks is a French commercial truck manufacturer with corporate headquarters at Saint-Priest near Lyon. Originally part of Renault, it has been a subsidiary of the Volvo Group since 2001. From its beginnings in 1978 to 2002, the company was called (''Renault Industrial Vehicles''), from 1992 on officially written as Renault V. I.. Until 2002, Renault Véhicules Industriels also manufactured buses. History Renault first began building dedicated commercial trucks in 1906. In 1956, however Renault stopped producing trucks and buses under its own name. Instead, the company Saviem was formed as a subsidiary of their own commercial products with the manufacturers Somua and Latil. Lighter commercials kept on using the Renault name, however. From 1957 on, Saviem was also used as the brand name for the trucks and buses produced by the company. As a result of French industrial policy, in 1975 state-owned Renault also acquired the truck and bus manufacturer Berliet f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Renault
Groupe Renault ( , , , also known as the Renault Group in English; legally Renault S.A.) is a French multinational automobile manufacturer established in 1899. The company produces a range of cars and vans, and in the past has manufactured trucks, tractors, tanks, buses/coaches, aircraft and aircraft engines, and autorail vehicles. According to the Organisation Internationale des Constructeurs d'Automobiles, in 2016 Renault was the ninth biggest automaker in the world by production volume. By 2017, the Renault–Nissan–Mitsubishi Alliance had become the world's biggest seller of light vehicles. Headquartered in Boulogne-Billancourt, near Paris, the Renault group is made up of the namesake Renault marque and subsidiaries, Alpine, Renault Sport (Gordini), Automobile Dacia from Romania, and Renault Samsung Motors from South Korea. Renault has a 43.4% stake with several votes in Nissan of Japan, and used to have a 1.55% stake in Daimler AG of Germany, it was sold off in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Renault Samsung Motors
Renault Korea Motors ( ko, 르노코리아자동차), is a South Korean car manufacturer headquartered in Busan where its single assembly site is also located, with additional facilities at Seoul (administration), Giheung (research and development) and Daegu (vehicle testing). The company was first established as Samsung Motors in 1994 by the chaebol Samsung, with technical assistance from Nissan. It started selling cars in 1998, just before South Korea was hit by the 1997 Asian financial crisis, East Asian financial crisis. In 2000, it became a subsidiary of the French car manufacturer Renault, being renamed Renault Samsung Motors (RSM), although Samsung maintained a minority ownership. It adopted Renault Korea Motors as trade name in March 2022 and as its legal name in August. Renault Korea Motors markets a range of cars, including electric car, electric models and crossover (automobile), crossovers. History Beginnings: Samsung Group era (1994–2000) In the early 1990s, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Original Equipment Manufacturer
An original equipment manufacturer (OEM) is generally perceived as a company that produces non-aftermarket parts and equipment that may be marketed by another manufacturer. It is a common industry term recognized and used by many professional organizations such as SAE International, ISO, and others. However, the term is also used in several other ways, which causes ambiguity. It sometimes means the maker of a system that includes other companies' subsystems, an end-product producer, an automotive part that is manufactured by the same company that produced the original part used in the automobile's assembly, or a value-added reseller.Ken Olsen: PDP-1 and PDP-8 (page 3) , economicadventure.com Automotive parts When referring to auto parts, OEM refers to the manufactur ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Clark Material Handling Company
Clark Material Handling Company (CMHC), stylized as CLARK, is an American manufacturer of forklift trucks based in Lexington, Kentucky. The company has a production plant in Changwon, South Korea. Clark currently (2018) offers some 304 different models. According to the company, there are some 350,000 Clark forklift trucks currently in operation around the world. Clark is credited with having invented the world's first truck with a hydraulic lifting mechanism in 1920, the ''Truclift'', the forerunner to modern forklift trucks. The company started as a manufacturer of transmissions and axles for the automobile industry. Since 2003, Clark has been owned by the Young An Hat Company of Korea. History Clark Material Handling Company began as a division of Clark Equipment Company in 1919. In 1953, the factory in Mülheim an der Ruhr was opened. In 1997, Clark built its 1,000,000 (millionth) forklift. In 2017, Clark celebrated its 100th year in business. Factories The Clark co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forklift
A forklift (also called lift truck, jitney, hi-lo, fork truck, fork hoist, and forklift truck) is a powered industrial truck used to lift and move materials over short distances. The forklift was developed in the early 20th century by various companies, including Clark Material Handling Company, Clark, which made Transmission (mechanics), transmissions, and Yale Materials Handling Corporation, Yale & Towne Manufacturing, which made Hoist (device), hoists. Since World War II, the use and development of the forklift truck have greatly expanded worldwide. Forklifts have become an indispensable piece of equipment in manufacturing and warehousing. In 2013, the top 20 manufacturers worldwide posted sales of $30.4 billion, with 944,405 machines sold. History The middle nineteenth century through the early 20th century saw the developments that led to today's modern forklifts. The forerunners of the modern forklift were manually-powered hoists that were used to lift loads. In 1906, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asian Financial Crisis
The Asian financial crisis was a period of financial crisis that gripped much of East Asia and Southeast Asia beginning in July 1997 and raised fears of a worldwide economic meltdown due to financial contagion. However, the recovery in 1998–1999 was rapid and worries of a meltdown subsided. The crisis started in Thailand (known in Thailand as the ''Tom Yam Kung crisis''; th, วิกฤตต้มยำกุ้ง) on 2 July, with the financial collapse of the Thai baht after the Thai government was forced to float the baht due to lack of foreign currency to support its currency peg to the U.S. dollar. Capital flight ensued almost immediately, beginning an international chain reaction. At the time, Thailand had acquired a burden of foreign debt. As the crisis spread, most of Southeast Asia and later South Korea and Japan saw slumping currencies, devalued stock markets and other asset prices, and a precipitous rise in private debt. South Korea, Indonesia and Thailand were ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
