Tecnologia Automotiva Catarinense
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Tecnologia Automotiva Catarinense
TAC - Tecnologia Automotiva Catarinense is an automotive corporation established by Adolfo Cesar dos Santos in 2004 in Joinville, Brazil. In the financial support of BNDES, the plant was opened after four years of construction on 13 March 2008. In collaboration with the Portuguese company Datasul, TAC finally developed the SUV TAC Stark. Most vehicle parts for the vehicle are of the Marcopolo S.A. owned subsidiary MVC Soluções em Plástico Ltda. Currently the company manufactures only the four-wheel drive Four-wheel drive, also called 4×4 ("four by four") or 4WD, refers to a two-axled vehicle drivetrain capable of providing torque to all of its wheels simultaneously. It may be full-time or on-demand, and is typically linked via a transfer cas ... TAC STARK. As of 2012, the vehicle is to be available for export and also be available in other countries. About 1200 units are produced per year. TAC was bought by Chinese Zotye in 2015.http://www.lexicarbrasil.com.br/tac/ ...
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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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