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Automobile Craiova
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Automotive Industry
The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles. It is one of the world's largest industries by revenue (from 16 % such as in France up to 40 % to countries like Slovakia). It is also the industry with the highest spending on research & development per firm. The word ''automotive'' comes from the Greek ''autos'' (self), and Latin ''motivus'' (of motion), referring to any form of self-powered vehicle. This term, as proposed by Elmer Sperry (1860-1930), first came into use with reference to automobiles in 1898. History The automotive industry began in the 1860s with hundreds of manufacturers that pioneered the horseless carriage. For many decades, the United States led the world in total automobile production. In 1929, before the Great Depression, the world had 32,028,500 automobiles in use, and the U.S. automobile industry produced over 90% o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
