Success of an Organization can be measured by its performance on 5 main parameters, Contribution to Environment & Society, Financial Performance, Operational Metrics, Customer Satisfaction & Employee Satisfaction.
Forbes.com. ranks companies annually, based upon things like “people’s willingness to buy, recommend, work for, and invest in a company' which drives 60% by their perceptions of the company as against 40% by their perceptions of their products.”
A typical successful organization's performance can be observed in the following news article:
What recession - Ferrari reports revenue and sales records for 2011....
By Anthony Faccenda on Sun, 02/19/2012 - 22:17 .Despite economic upheaval in Europe, luxury sport car manufacturer Ferrari reported its highest ever revenue and sales in 2011. http://goo.gl/sTuwv
(This blogpost has extensively sourced from Wikipedia for the benefit of the readers in order to aggregate relevant information of some of the finest companies of our era in one place.).
Many of the successful companies have lasted a long long time and some have reached unforeseeable heights in a short span, like Google, Cisco, Apple globally and Infosys, Wipro, TCS in India itself. Some of these companies have gone through crisis and underwent a series of reorganizations before coming through successfully to grow. Given below is the list of some of those companies which have strived to offer unique value to their customers through their evolution and have been successful in a number of ways..LIST OF SUCCESSFUL/ NOTABLE ORGANIZATIONS
THAT HAVE MADE THE MARK ( Including some of those that perished)
DOMAIN | NAME | FOUNDED YEAR | COUNTRY | REGION |
AUTOMOBILES | DALMIER AG | 1883 | GERMANY | STUTTGART |
AUTOMOBILES | RENAULT SA | 1899 | FRANCE | BOULOUGNE BILLANCOURT |
AUTOMOBILES | FIAT SPA | 1899 | ITALY | TURIN |
AUTOMOBILES | FORD MOTOR COMPANY | 1903 | USA | MICHIGAN |
AUTOMOBILES | HARLEY DAVIDSON | 1903 | USA | MILWAUKEE |
AUTOMOBILES | ROLLS-ROYCE LTD | 1906 | UK | DERBY |
AUTOMOBILES | GENERAL MOTOR COMPANY | 1908 | USA | DETROI |
AUTOMOBILES | BMW | 1917 | GERMANY | MUNICH |
AUTOMOBILES | CHRYSLER | 1925 | USA | MICHIGAN |
AUTOMOBILES | FERRARI SPA | 1929 | ITALY | MARANELLO |
AUTOMOBILES | VOLKSWAGEN AG | 1937 | GERMANY | WOLFSBURG |
AUTOMOBILES | TOYOTA MOTOR CORO | 1937 | JAPAN | TOKYO |
AUTOMOBILES | HINDUSTHAN MOTORS | 1942 | INDIA | KOLKATTA |
AUTOMOBILES | TATA MOTORS | 1945 | INDIA | PUNE |
AUTOMOBILES | BAJAJ AUTO | 1945 | INDIA | PUNE |
AUTOMOBILES | MAHINDRA & MAHINDRA | 1945 | INDIA | MUMBAI |
AUTOMOBILES | ASHOK LEYLAND | 1948 | INDIA | CHENNAI |
AUTOMOBILES | HONDA MOTOR COMPANY | 1948 | JAPAN | TOKYO |
AUTOMOBILES | HERO | 1956 | INDIA | LUDHIANA |
AUTOMOBILES | LAMBORGHINI SPA | 1963 | ITALY | BOLOGNESE |
AUTOMOBILES | HYUNDAI MOTOR COMPANY | 1969 | SOUTH KOREA | SEOUL |
AUTOMOBILES | MITSUBISHI | 1970 | JAPAN | TOKYO |
AUTOMOBILES | TVS MOTORS | 1978 | INDIA | CHENNAI |
AUTOMOBILES | MARUTHI SUZUKI | 1982 | INDIA | DELHI |
AVIATION | BOEING CO | 1899 | USA | CHICAGO |
AVIATION | QANTAS AIRWAYS LTD | 1920 | AUSTRALIA | SYDNEY |
AVIATION | LUFTHANSA AG | 1926 | GERMANY | COLOGNE |
AVIATION | CATHAY PACIFIC | 1946 | CHINA | HONGKONG |
AVIATION | SINGAPORE AIRLINES | 1947 | SINGAPORE | SINGAPORE |
AVIATION | AIRBUS | 1970 | FRANCE | Blagnac |
AVIATION | BRITISH AIRWAYS PLC | 1974 | ENGLAND | LONDON |
AVIATION | EMIRATES | 1985 | UAE | DUBAI |
AVIATION | JET AIRWAYS | 1992 | INDIA | MUMBAI |
AVIATION | ETIHAD AIRWAYS | 2003 | UAE | ABU DHABI |
AVIATION | AIRFRANCE-KLM | 2004 | FRANCE | PARIS |
CONSUMER ELECTRONICS | PHILIPS | 1891 | NETHERLANDS | AMSTERDAM |
CONSUER ELECTRONICS | ELECTROLUX GROUP | 1919 | SWEDEN | STOCKHOLM |
CONSUMER ELECTRONICS | CANON INC | 1937 | JAPAN | TOKYO |
CONSUMER ELECTRONICS | SONY CORPORATION | 1946 | JAPAN | TOKYO |
CONSUMER ELECTRONICS | LG CORP | 1947 | SOUTH KOREA | SEOUL |
CONSULTING | PRICE WATER HOUSE COOPERS | 1849 | UK | LONDON |
CONSULTING | MCKINSEY | 1926 | USA | CHICAGO |
CONSULTING | THE BOSTON CONSULTING GROUP | 1963 | USA | BOSTON |
CONSULTING | ERNST & YOUNG | 1989 | UK | LONDON |
CONSUMER ELECTRONICS | SAMSUNG | 1938 | SOUTH KOREA | SEOUL |
COURIER | UNITED PARCEL SERVICE INC | 1907 | USA | GEORGIA |
COURIER | FEDEX CORP | 1971 | USA | MEMPHIS |
ENERGY | BP PLC | 1909 | UK | LONDON |
ENERGY | ONGC | 1956 | INDIA | DEHRADUN |
ENERGY | INDIAN OIL | 1964 | NEWDELHI | |
ENERGY | HPCL | 1974 | MUMBAI | |
ENERGY | BPCL | 1976 | INDIA | MUMBAI |
ENERGY | GAIL | 1984 | INDIA | NEW DELHI |
ENERGY | SUZLON ENERGY | 1995 | INDIA | PUNE |
ENERGY | EXXON MOBIL | 1999 | USA | TEXAS |
ENGINEERING | CASTROL INDIA | 1910 | INDIA | MUMBAI |
EYECARE | BAUSCH & LOMB | 1853 | USA | NEWYORK |
EYEWEAR | LUXOTTICA | 1961 | ITALY | MILAN |
FINANCE | BARCLAYS PLC | 1690 | UK | LONDON |
FINANCE | BANK OF ENGLAND | 1694 | UK | LONDON |
FINANCE | CITIGROUP INC | 1812 | USA | NEWYORK |
FINANCE | BERKSHIRE HATHWAY INC | 1839 | USA | NEBRASKA |
FINANCE | LEHMAN BROTHERS HOLDINGS INC | 1850 | DISSOLVED | |
FINANCE | AMERICAN EXPRESS CO | 1850 | USA | NEWYORK |
FINANCE | UBS AG | 1854 | SWITZERLAND | BASEL & ZURICH |
FINANCE | GODMAN SACHS GROUP INC | 1869 | USA | NEWYORK |
FINANCE | JP MORGAN CHASE | 1871 | USA | NEWYORK |
CONGLOMERATE | GENERAL ELECTRIC CO | 1892 | USA | CONNECTICUT |
FINANCE | PUNJAB NATIONAL BANK | 1895 | INDIA | MUMBAI |
FINANCE | CANARA BANK | 1906 | INDIA | BANGALORE |
ENERGY | ROYAL DUTCH SHELL PLC | 1907 | UK | LONDON |
FINANCE | MERRILL LYNCH & CO. | 1914 | USA | NEWYORK |
FINANCE | ICICI BANK | 1955 | INDIA | MUMBAI |
FINANCE | STATE BANK OF INDIA | 1955 | INDIA | MUMBAI |
FINANCE | MASTERCARD WORLDWIDE | 1966 | USA | NEWYORK |
FINANCE | AIG INC | 1967 | USA | NEWYORK |
FINANCE | VISA INC | 1970 | USA | CALIFORNIA |
FINANCE | HDFC LTD | 1977 | INDIA | MUMBAI |
FINANCE | HSBC HOLDINGS PLC | 1991 | UK | LONDON |
FINANCE | HDFC BANK | 1994 | INDIA | MUMBAI |
FINANCE | AXIS BANK | 1995 | INDIA | MUMBAI |
FINANCE | BANK OF AMERICA CORP | 1998 | USA | NORTH CAROLINA |
FINANCE | AVIVA PLC | 2000 | UK | LONDON |
FMCG | KRAFT FOODS INC | 103 | USA | ILLINOIS |
FMCG | COLGATE PALMOLIVE CO | 1806 | USA | NEWYORK |
FMCG | CADBURY PLC | 1824 | UK | LONDON |
FMCG | PROCTER & GAMBLE CO | 1837 | USA | CONNECTICUT |
FMCG | HENKET AG & CO | 1876 | GERMANY | DUSSELDORF |
FMCG | BRITANNIA INDUSTRIES | 1892 | INDIA | BANGALORE |
FMCG | THE COCA-COLA CO. | 1892 | USA | GEORGIA |
FMCG | GODREJ GROUP | 1897 | INDIA | MUMBAI |
FMCG | PEPSICO | 1902 | USA | NEWYORK |
FMCG | LOREAL GROUP | 1909 | FRANCE | HAUTS-DE-SEINE |
FMCG | ITC LTD | 1910 | INDIA | KOLKATTA |
FMCG | PAPER PRODUCTS | 1929 | INDIA | MUMBAI |
FMCG | UNILEVER | 1930 | UK | LONDON |
FMCG | HINDUSTAN UNILEVER LTD | 1933 | INDIA | MUMBAI |
FMCG | SARA EE CORP | 1939 | USA | ILLINOIS |
FMCG | ASIAN PAINTS | 1942 | INDIA | MUMBAI |
FMCG | NIRMA | 1969 | INDIA | AHMEDABAD |
FMCG | VIDEOCON | 1979 | INDIA | AURANGABAD |
FMCG | ONIDA | 1981 | MUMBAI | |
GARMENTS | NIKE INC | 164 | USA | WASHINGTON |
GARMENTS | LEVI STRAUSS & CO | 1853 | USA | SANFRANCISCO |
GARMENTS | BOMBAY DYEING | 1879 | INDIA | MUMBAI |
GARMENTS | PHILIPS VAN HEUSEN | 1881 | USA | MANHATTAN |
GARMENTS | REEBOK INTERNATIONAL LTD | 1895 | USA | MASSACHUSETTS |
GARMENTS | LEE COOPER GROUP LTD | 1908 | UK | LONDON |
GARMENTS | ADIDAS AG | 1924 | GERMANY | HERZOGENAURACH |
GARMENTS | PUMA AG | 1924 | GERMANY | HERZOGENAURACH |
GARMENTS | RAYMOND GROUP | 1925 | INDIA | MUMBAI |
GARMENTS | ARVIND MILLS | 1931 | INDIA | AHMEDABAD |
GARMENTS | LACOSTE | 1933 | FRANCE | PARIS |
GARMENTS | FUTURE GROUP | 1987 | INDIA | MUMBAI |
HEALTHCARE | APOLLO HOSPITALS | 1985 | INDIA | HYDERABAD |
INFRA | LARSEN & TOUBRO | 1938 | INDIA | MUMBAI |
INFRA | JINDAL GROUP | 1952 | INDIA | NEWDELHI |
INTERNET | AMAZON.COM INC | 1994 | USA | WASHINGTON |
INTERNET | Ebay INC | 1995 | USA | CALIFORNIA |
INTERNET | YAHOO! INC | 1995 | USA | CALIFORNIA |
INTERNET | PAYPAL | 1998 | USA | CALIFORNIA |
INTERNET | GOOGLE INC | 1998 | USA | CALIFORNIA |
INTERNET | BLOGGER | 1999 | USA | CALIFORNIA |
INTERNET | WIKIPEDIA | 2000 | USA | SANFRANCISCO |
INTERNET | 2004 | USA | CALIFORNIA | |
INTERNET | YOUTUBE | 2005 | USA | CALIFORNIA |
INTERNET | 2006 | USA | CALIFORNIA | |
TECHNOLOGY | ACCENTURE PLC | 153 | IRELAND | DUBLIN |
TECHNOLOGY | IBM | 1911 | USA | NEWYORK |
TECHNOLOGY | HEWLETT-PACKARD COMPANY | 1939 | USA | CALIFORNIA |
TECHNOLOGY | WIPRO | 1945 | INDIA | BANGALORE |
TECHNOLOGY | TCS | 1968 | INDIA | MUMBAI |
TECHNOLOGY | INTEL CORP | 1968 | USA | CALIFORNIA |
TECHNOLOGY | MICROSOFT CORP | 1975 | USA | WASHINGTON |
TECHNOLOGY | HCL TECHNOLOGIES | 1976 | INDIA | NOIDA |
TECHNOLOGY | APPLE INC | 1976 | USA | CALIFORNIA |
TECHNOLOGY | ORACLE CORP | 1977 | USA | CALIFORNIA |
TECHNOLOGY | PATNI COMPUTER | 1978 | INDIA | MUMBAI |
TECHNOLOGY | INFOSYS | 1981 | INDIA | BANGALORE |
TECHNOLOGY | NIIT | 1981 | INDIA | GURGAON |
TECHNOLOGY | ADOBE SYSTEMS | 1982 | USA | SANJOSE |
TECHNOLOGY | SUN MICROSYSTEMS INC | 1982 | USA | CALIFORNIA |
TECHNOLOGY | MOSER BAER | 1983 | INDIA | NEWDELHI |
TECHNOLOGY | AT&T INC | 1983 | USA | TEXAS |
TECHNOLOGY | CISCO SYSTEMS INC | 1984 | USA | CALIFORNIA |
TECHNOLOGY | DELL INC | 1984 | USA | TEXAS |
TECHNOLOGY | TECH MAHINDRA | 1986 | INDIA | PUNE |
TECHNOLOGY | MAHINDRA SATYAM | 1987 | INDIA | HYDERABAD |
MEDIA | HINDUJA GROUP | 1914 | UK | INDIA |
MEDIA | HMV GROUP | 1921 | UK | BERKSHIRE |
MEDIA | WALT DISNEY & COMPANY | 1923 | USA | CALIFORNIA |
MEDIA | YASH RAJ FILMS | 1970 | INDIA | MUMBAI |
MEDIA | VIACOM | 1971 | USA | NEWJERSEY |
MEDIA | ESSEL GROUP | 1976 | INDIA | MUMBAI |
MEDIA | MUKTA ARTS | 1978 | INDIA | MUMBAI |
MEDIA | NEWS CORP | 1979 | USA | NEWYORK |
MEDIA | NDTV | 1988 | INDIA | NEWDELHI |
MEDIA | TIME WARNER | 1990 | USA | MANHATTAN |
MEDIA | BALAJI TELE FILMS | 1994 | INDIA | MUMBAI |
METALS | TATA STEEL | 1907 | INDIA | MUMBAI |
METALS | HINDALCO | 1958 | INDIA | MUMBAI |
METALS | VEDANTA RESOURCES PLC | 1976 | UK | LONDON |
MISCELLANEOUS | ADITYA BIRLA GROUP | 1857 | INDIA | MUMBAI |
MISCELLANEOUS | TATA GROUP | 1868 | INDIA | MUMBAI |
MISCELLANEOUS | RPG GROUP | 1979 | INDIA | MUMBAI |
MISCELLANEOUS | PIRAMAL GROUP | 1988 | INDIA | MUMBAI |
OTHERS | VIRGIN GROUP LIMITED | 1970 | UK | LONDON |
PETRO CHEM | RELIANCE INDUSTRIES LTD | 1966 | INDIA | MUMBAI |
PHARMA | PFIZER INCORPORATED | 1849 | USA | NEWYORK |
PHARMA | BAYER AG | 1863 | GERMANY | LEVERKUSEN |
PHARMA | DABUR | 1884 | INDIA | GHAZIABAD |
PHARMA | JOHNSON & JOHNSON | 1886 | USA | NEWBURNSWICK |
PHARMA | MERCK & CO | 1891 | USA | NEWJERSEY |
PHARMA | ROCHE LT | 1896 | SWITZERLAND | BASEL |
PHARMA | GLAXO SMITHKLINE PLC | 1904 | UK | LONDON |
PHARMA | CIPLA | 1935 | INDIA | MUMBAI |
PHARMA | WOCKHARDT | 1960 | INDIA | MUMBAI |
PHARMA | RANBAXY LABS | 1961 | INDIA | GURGAON |
PHARMA | LUPIN LABS | 1968 | INDIA | MUMBAI |
PHARMA | BIOCON | 1978 | INDIA | BANGALORE |
PHARMA | DR REDDY'S LABS | 1984 | INDIA | HYDERABAD |
PHARMA | NOVARTIS INTERNATIONAL AG | 1996 | SWITZERLAND | BASEL |
REAL ESTATE | DLF LTD | 1946 | INDIA | NEWDELHI |
REAL ESTATE | JAYPEE GROUP | 1957 | INDIA | NOIDA |
RETAIL | TARGET CORP | 1902 | USA | MINNESOTA |
RETAIL | KFC CORP | 1930 | USA | KENTUCKY |
RETAIL | IKEA | 1943 | SWEDEN | SMALAND |
RETAIL | CARREFOUR S.A. | 1957 | FRANCE | LEVALLOIS-PERRET |
RETAIL | WAL-MART STORES INC | 1962 | USA | ARKANSAS |
RETAIL | BHARTI ENTERPRISES | 1976 | INDIA | MUMBAI |
RETAIL | SHOPPERS STOP | 1991 | INDIA | MUMBAI |
RETAIL | TRENT (WESTSIDE) | 1998 | INDIA | MUMBAI |
TELECOM | NOKIA CORP | 1865 | FINLAND | EXPOO |
TELECOM | MOTOROLA CORP | 1928 | USA | ILLINOIS |
TELECOM | IDEA CELLULAR | 1995 | INDIA | MUMBAI |
TELECOM | BHARTI AIRTEL | 1995 | INDIA | DELHI |
TELECOM | TATA TELE SERVICES | 1996 | INDIA | MUMBAI |
TELECOM | RELIANCE COMMUNICATIONS | 2004 | INDIA | MUMBAI |
Some of the above companies are described below..
BMW:
In June of 2012 BMW was listed as the #1 most reputable company in the world by Forbes.com.
http://en.wikipedia.org/wiki/BMW
BMW was established as a business entity following a restructuring of the Rapp Motorenwerke aircraft manufacturing firm in 1917. After the end of World War I in 1918, BMW was forced to cease aircraft engine production by the terms of the Versailles Armistice Treaty.[4] The company consequently shifted to motorcycle production in 1923, once the restrictions of the treaty started to be lifted,[5] followed by automobiles in 1928–29.[6][7][8]
The first car which BMW successfully produced and the car which launched BMW on the road to automobile production was the Dixi, it was based on the Austin 7 and licensed from the Austin Motor Company in Birmingham, England.
The circular blue and white BMW logo or roundel evolved from the circular Rapp Motorenwerke company logo, from which the BMW company grew, combined with the blue and white colors of the flag of Bavaria.[9] The logo has been portrayed as the movement of an aircraft propeller with the white blades cutting through a blue sky — first used in a BMW advertisement in 1929, twelve years after the roundel was created — but this is not the origin of the logo itself.[10]
BMW's first significant aircraft engine was the BMW IIIa inline-six liquid-cooled engine of 1918, much preferred for its high-altitude performance.[11] With German rearmament in the 1930s, the company again began producing aircraft engines for the Luftwaffe. Among its successful World War II engine designs were the BMW 132 and BMW 801 air-cooled radial engines, and the pioneering BMW 003 axial-flow turbojet, which powered the tiny, 1944-1945-era jet-powered "emergency fighter", the Heinkel He 162 Spatz. The BMW 003 jet engine was tested in the A-1b version of the world's first jet fighter, the Messerschmitt Me 262, but BMW engines failed on takeoff, a major setback for the jet fighter program until successful testing with Junkers engines.[12][13]
By the year 1959, the automotive division of BMW was in financial difficulties and a shareholders meeting was held to decide whether to go into liquidation or find a way of carrying on. It was decided to carry on and to try to cash in on the current economy car boom enjoyed so successfully by some of Germany's ex-aircraft manufacturers such as Messerschmitt and Heinkel. The rights to manufacture the Italian Iso Isetta were bought; the tiny cars themselves were to be powered by a modified form of BMW's own motorcycle engine. This was moderately successful and helped the company get back on its feet. The controlling majority shareholder of the BMW Aktiengesellschaft since 1959 is the Quandt family, which owns about 46% of the stock. The rest is inpublic float.
BMW acquired the Hans Glas company based in Dingolfing, Germany, in 1966. It was reputed that the acquisition was mainly to gain access to Glas' development of the timing belt with an overhead camshaft in automotive applications.[14] Glas vehicles were briefly badged as BMW until the company was fully absorbed.
In 1992, BMW acquired a large stake in California based industrial design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the British Rover Group[15] (which at the time consisted of the Rover, Land Rover and MG brands as well as the rights to defunct brands including Austin and Morris), and owned it for six years. By 2000, Rover was incurring huge losses and BMW decided to sell the combine. The MG and Rover brands were sold to the Phoenix Consortium to form MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched in 2001.
Chief designer Chris Bangle announced his departure from BMW in February 2009, after serving on the design team for nearly seventeen years.[16] He was replaced by Adrian van Hooydonk, Bangle's former right hand man. Bangle was known for his radical designs such as the 2002 7-Series and the 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW for a reported 93 million euros. BMW Motorrad plans to continue operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production activities, as well as the current workforce, have remained in place at its present location at Varese
Bayerische Motoren Werke AGTypeAktiengesellschaftTraded asFWB: BMWIndustryAutomotivePredecessor(s)Bayerische Flugzeugwerke AG (BFW)[1]Founded21 July 1917Founder(s)Franz Josef PoppHeadquartersMunich, GermanyArea servedWorldwideKey peopleNorbert Reithofer (CEO),Joachim Milberg (Chairman of the supervisory board), Adrian van Hooydonk Design DirectorProductsAutomobiles, motorcycles, bicyclesProduction output1,481,253 Automobiles (2010)
112,271 Motorcycles (2010)Revenue€60.48 billion (2010)[2]Operating income€5.094 billion (2010)[2]Profit€3.218 billion (2010)[2]Total assets€108.87 billion (end 2010)[2]Total equity€23.10 billion (end 2010)[2]Employees100,306 (end 2011) [3]SubsidiariesRolls-Royce Motor Cars
HusqvarnaWebsitebmw.com
Chrysler
Chrysler Group LLC ( /ˈkraɪslər/) is an American-based, multinational automaker, in global strategic alliance with its majority owner, Italian manufacturer Fiat, since 2009.
Chrysler was first organized as the Chrysler Corporation in 1925.[2] Its core brands which it produces are Chrysler, Jeep, Dodge, Ram, SRT, Fiat, and Mopar vehicles and products. The Company is headquartered in Auburn Hills, Michigan, United States.[3]
On June 10, 2009, Chrysler LLC emerged from a government backed Chapter 11 reorganization as Chrysler Group LLC, in alliance with the Italian automaker Fiat.[4][5] Initially holding a 20% interest in Chrysler Group, Fiat's stake was increased to 58.5% (fully diluted) following acquisition of the equity interests held by the U.S. Treasury (6% on June 3, 2011) and Canada (1.5% on July 21, 2011)[6][7][8][9][10] The stake was further increased to 61.8% in July 2012.[11]
The company was founded by Walter Chrysler (1875–1940) on June 6, 1925,[12][13] when the Maxwell Motor Company (est. 1904) was re-organized into the Chrysler Corporation.[14][15]
Walter Chrysler arrived at the ailing Maxwell-Chalmers company in the early 1920s. He was hired to overhaul the company's troubled operations (after a similar rescue job at the Willys-Overland car company).[16] In late 1923 production of the Chalmers automobile was ended.[17]
In January 1924, Walter Chrysler launched the well-received Chrysler automobile. The Chrysler was a 6-cylinder automobile, designed to provide customers with an advanced, well-engineered car, but at a more affordable price than they might expect. (Elements of this car are traceable to aprototype which had been under development at Willys during Chrysler's tenure).[18] The original 1924 Chrysler included a carburetor air filter, high compression engine, full pressure lubrication, and an oil filter, features absent from most autos at the time.[19][20] Among the innovations in its early years were the first practical mass-produced four-wheel hydraulic brakes, a system nearly completely engineered by Chrysler with patents assigned to Lockheed, and rubber engine mounts to reduce vibration. Chrysler also developed a wheel with a ridged rim, designed to keep a deflated tire from flying off the wheel. This wheel was eventually adopted by the auto industry worldwide.
Following the introduction of the Chrysler, the Maxwell was dropped after its 1925 model year run, although in truth the new line of lower-priced 4-cylinder Chryslers which were then introduced for the 1926 model year were basically Maxwells which had been re-engineered and rebranded.[21] It was during this time period of the early 1920s that Walter Chrysler assumed the presidency of Maxwell, with the company then ultimately incorporated under the Chrysler name.
Following the introduction of the Chrysler, the Maxwell brand was dropped after the 1925 model year. The new, lower-priced four-cylinder Chryslers introduced for the 1926 year were badge-engineered Maxwells.[22] The advanced engineering and testing that went into Chrysler Corporation cars helped to push the company to the second-place position in U.S. sales by 1936, a position it would last hold in 1949.
In 1928, the Chrysler Corporation began dividing its vehicle offerings by price class and function. The Plymouth brand was introduced at the low-priced end of the market (created essentially by once again reworking and rebadging Chrysler's four-cylinder model).[23] At the same time, the DeSoto brand was introduced in the medium-price field. Also in 1928, Chrysler bought the Dodge Brothers[24] automobile and truck company and continued the successful Dodge line of automobiles and Fargo range of trucks. By the mid-1930s, the DeSoto and Dodge divisions would trade places in the corporate hierarchy.
The Imperial name had been used since 1926, but was never a separate make, just the top-of-the-line Chrysler. In 1955, the company decided to spin it off as its own make and division to better compete with its rivals, Lincoln and Cadillac. Imperial would see new body styles introduced every two to three years, all with V8 engines and automatic transmissions, as well as technologies that would filter down to Chrysler corporation's other models. Imperial was folded back into the Chrysler brand in 1973.
The Valiant was also introduced for 1960 as a distinct brand. In the U.S. market, Valiant was made a model in the Plymouth line for 1961 and the DeSoto make was discontinued during 1961. With those exceptions per applicable year and market, Chrysler's range from lowest to highest price from the 1940s through the 1970s was Valiant, Plymouth, Dodge, DeSoto, Chrysler, and Imperial.[25]
Chrysler acquired the Jeep brand as part of the purchase of American Motors (AMC) on August 5, 1987, for somewhere between US$1.7 billion and $2 billion, depending on how costs were counted.[26] Chrysler then established the Jeep/Eagle division, along with the Eagle brand that was discontinued a decade later as part of the DaimlerChrysler merger at that time. In 2001, the Plymouth brand was also discontinued. Currently, Dodge is the full line automobile brand, with the Chrysler brand marketing upscale cars. The Jeep brand focuses on SUVs, while the RAM brand offers small commercial vans and a variety of pick-up trucks.
Chrysler Group LLCTypeLimited liability companyIndustryAutomotivePredecessor(s)Chrysler LLC
(2007–2009)
DaimlerChrysler AG(1998–2007)Chrysler Corporation
(1925–1998)FoundedJune 6, 1925Founder(s)Walter ChryslerHeadquartersAuburn Hills, Michigan, U.S.Number of locationsList of Chrysler factoriesArea servedWorldwideKey peopleSergio Marchionne
(Chairman and CEO) & Fiat CEOProductsAutomobilesAutomotive partsRevenue US$ 55.0 billion (2011)[1]Operating income US$ 2.0 billion (2011)[1]Net income US$ 183 million (2011)[1]Total assets US$ 35.449 billion(2010)[1]Total equity US$ -4.489 billion(2010)[1]Owner(s)Fiat S.p.A. (61.8%)
UAW VEBA (38.2%)Employees51,623 (December 2010)[1]Divisions: Chrysler Dodge Jeep Ram Fiat (USA)
Mopar SRTWebsiteChryslerGroupLLC.com
(2007–2009)
DaimlerChrysler AG(1998–2007)Chrysler Corporation
(1925–1998)FoundedJune 6, 1925Founder(s)Walter ChryslerHeadquartersAuburn Hills, Michigan, U.S.Number of locationsList of Chrysler factoriesArea servedWorldwideKey peopleSergio Marchionne
(Chairman and CEO) & Fiat CEOProductsAutomobilesAutomotive partsRevenue US$ 55.0 billion (2011)[1]Operating income US$ 2.0 billion (2011)[1]Net income US$ 183 million (2011)[1]Total assets US$ 35.449 billion(2010)[1]Total equity US$ -4.489 billion(2010)[1]Owner(s)Fiat S.p.A. (61.8%)
UAW VEBA (38.2%)Employees51,623 (December 2010)[1]Divisions: Chrysler Dodge Jeep Ram Fiat (USA)
Mopar SRTWebsiteChryslerGroupLLC.com
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Daimler AG
http://en.wikipedia.org/wiki/Daimler_AG
This article is about the German automobile manufacturer. For the British automobile manufacturer, see Daimler Motor Company.
Type | Aktiengesellschaft |
---|---|
Traded as | FWB: DAI |
Industry | Automotive industry |
Predecessor(s) | Daimler-Benz |
Founded | 1998 |
Headquarters | Stuttgart, Germany |
Area served | Worldwide |
Key people | Dieter Zetsche (CEO andChairman of the management board), Manfred Bischoff(Chairman of the supervisory board) |
Products | Automobiles, commercial vehicles (list of brands...) |
Revenue | €106.54 billion (2011)[1] |
Operating income | €8.755 billion (2011)[1] |
Profit | €4.498 billion (2010)[1] |
Total assets | €148.132 billion (end 2011)[1] |
Total equity | €41.34 billion (end 2011)[1] |
Employees | 267,274 (end 2011)[1] |
Website | daimler.com |
Daimler AG (help·info) (German pronunciation: [ˈdaɪmlɐ aːˈɡeː]; formerly DaimlerChrysler) is a German multinational automotive corporation. Daimler AG is headquartered in Stuttgart, Baden-Württemberg, Germany. By unit sales, it is the thirteenth-largest car manufacturer and second-largest truck manufacturer in the world. In addition to automobiles, Daimler manufactures buses and provides financial services through its Daimler Financial Services arm.
The company also owns major stakes in aerospace group EADS, high-technology and parent company of the Vodafone McLaren Mercedes racing team McLaren Group (which currently is in the process of becoming a fully independent stand-alone corporate entity[2]), and Japanese truck makerMitsubishi Fuso Truck and Bus Corporation.
Daimler produces cars and trucks under the brands of Mercedes-Benz, Maybach, Smart, Freightliner and many others.
Daimler AG is a German manufacturer of automobiles, motor vehicles, and engines, which dates back more than a century.
An Agreement of Mutual Interest was signed on May 1, 1924 between Benz & Cie (founded 1883) of Karl Benz and Daimler Motoren Gesellschaft (founded 1890) of Gottlieb Daimler and Wilhelm Maybach.
Both companies continued to manufacture their separate automobile and internal combustion engine brands until, on June 28, 1926, when Benz & Cie. and Daimler Motoren Gesellschaft AG formally merged—becoming Daimler-Benz AG—and agreed that thereafter, all of the factories would use the brand name of Mercedes-Benz on their automobiles.
In 2007, when the Chrysler group was sold off to Cerberus Capital Management (see below), the name[note 1] of the parent company was changed to simply "Daimler AG".
[edit]Timeline of Daimler AG
Benz & Company, 1883–1926
Daimler Motoren Gesellschaft AG, 1890–1926
Daimler-Benz AG, 1926–1998
DaimlerChrysler AG, 1998–2007
Daimler AG, 2007–present
Daimler Motoren Gesellschaft AG, 1890–1926
Daimler-Benz AG, 1926–1998
DaimlerChrysler AG, 1998–2007
Daimler AG, 2007–present
[edit]Merger with Chrysler
In a so-called "Merger Of Equals" Daimler-Benz AG and the American automobile manufacturer Chrysler Corporation merged in 1998 in an exchange of shares,[3] and formed DaimlerChrysler AG. The terms of the merger allowed Daimler-Benz's non-automotive businesses such as Daimler-Benz InterServices AG (Debis) (created in 1989 to handle data processing, financial and insurance services, and real estate management for the Daimler group) to continue to pursue their respective strategies of expansion. Debis reported revenues of $ 8.6 bn (DM 15.5 bn) in 1997.[4][5]
[edit]Troubled relationship
The merger was contentious with investors launching lawsuits over whether the transaction was the 'merger of equals' that senior management claimed or actually amounted to a Daimler-Benz takeover of Chrysler. A class action investor lawsuit was settled in August 2003 for US$300 million while a suit by billionaire investor activist Kirk Kerkorian was dismissed on April 7, 2005.[6] The transaction claimed the job of its architect, Chairman Jürgen E. Schrempp, who resigned at the end of 2005 in response to the fall of the company's share price following the transaction. The merger was also the subject of a book Taken for a Ride: How Daimler-Benz Drove Off With Chrysler, (2000) by Bill Vlasic and Bradley A. Stertz.[7]
Another issue of contention is whether the merger delivered promised synergies and successfully integrated the two businesses. As late as 2002, DaimlerChrysler appeared to run two independent product lines. Later that year, the company launched products that appear to integrate elements from both sides of the company, including the Chrysler Crossfire, which was based on the Mercedes SLK platform and utilized Mercedes's 3.2L V6, and the Dodge Sprinter/Freightliner Sprinter, a re-badged Mercedes-Benz Sprinter van.
[edit]Sale of Chrysler
Chrysler had suffered a series of setbacks in recent years, culminating in DaimlerChrysler's agreement to sell the unit to Cerberus Capital Management in May 2007 for US$6 billion. Through most of its history, Chrysler has been the third largest of the "Big 3" U.S. automakers, but in January 2007, DaimlerChrysler, excluding its luxury Mercedes and Maybach lines, also outsold traditionally second place Ford, though behind General Motors and Toyota.
In the middle of the past decade, the merger began to take a turn for the worse. Due to Daimler's reluctance to allow Chrysler to continue development and use quality materials, Chrysler vehicles suffered lower fit and finish quality as well as sub-standard parts being supplied and used in spite of concerns. Although the resulting vehicles produced were still adequate, they were generally not on par with the competition.
Chrysler reported losses of US$1.5 billion in 2006. It then announced plans to lay off 13,000 employees in mid-February 2007, close a major assembly plant and reduce production at other plants in order to restore profitability by 2008.[8]
DaimlerChrysler had reportedly approached other carmakers and investment groups to sell Chrysler in early 2007. General Motors was reported to be a suitor while Volkswagen, theRenault-Nissan auto alliance, and Hyundai Motor Company had said that they weren't interested in buying the company.
On August 3, 2007, DaimlerChrysler completed the sale of Chrysler Group to Cerberus Capital Management. The original agreement stated that Cerberus would take an 80.1 percent stake in the new company, Chrysler Holding LLC. DaimlerChrysler changed its name to Daimler AG and retained the remaining 19.9% stake in the separated Chrysler.[9]
The terms saw Daimler pay Cerberus US$650 million to take Chrysler and associated liabilities off its hands. Of the US$7.4 billion purchase price, Cerberus Capital Management will invest US$5 billion in Chrysler Holdings and US$1.05 billion in Chrysler’s financial unit. The de-merged Daimler AG received US$1.35 billion directly from Cerberus but directly invested US$2 billion in Chrysler itself.
Since Chrysler's 2009 bankruptcy filing in the United States, Chrysler has been controlled by Italian automaker Fiat, which unlike Daimler plans to integrate Chrysler's products into the Fiat portfolio, most notably Lancia and Chrysler's namesake brand.
Despite the fact it had been nearly four years after the Daimler/Chrysler split, the fourth-generation Jeep Grand Cherokee shares a platform with the Mercedes-Benz M-Class .[10]
[edit]Renault-Nissan and Daimler Alliance
On April 7, 2010 Renault-Nissan executive, Carlos Ghosn and Dr. Dieter Zetsche announced a partnership between the three companies in a joint press conference.[11]
[edit]
Ferrari
Ferrari S.p.A. is an Italian sports car manufacturer based in Maranello, Italy. Founded by Enzo Ferrari in 1929, as Scuderia Ferrari, the company sponsored drivers and manufactured race cars before moving into production of street-legal vehicles as Ferrari S.p.A. in 1947. Throughout its history, the company has been noted for its continued participation in racing, especially in Formula One, where it has had great success. Ferrari road cars are generally seen as a symbol of luxury and wealth.
Ferrari S.p.A.
Type Società per azioni
Industry Automotive
Founded 1947 (historical 1929)
Founder(s) Enzo Ferrari
Headquarters Maranello, Italy
Key people Luca di Montezemolo
Chairman
Piero Ferrari
Vice Chairman
Amedeo Felisa
CEO
Products Sports cars
Production output 7,044 units (2011)[1]
Revenue € 2.2 billion (2011)[1]
Owner(s) Fiat S.p.A. 90%
Employees 2,695 (2011)[1]
Parent Fiat S.p.A.
Website Ferrari.com
Enzo Ferrari wasn't initially interested in the idea of producing road cars when he formed Scuderia Ferrari (literally "Ferrari Stable", and usually used to mean "Team Ferrari", it is correctly pronounced [skudeˈriːa]) in 1928 as a sponsor for amateur drivers headquartered in Modena. Ferrari prepared, and successfully raced, various drivers in Alfa Romeo cars until 1938, when he was hired by Alfa Romeo to head their motor racing department
The first Ferrari road car was the 1947 125 S, powered by a 1.5 L V12 engine; Enzo Ferrari reluctantly built and sold his automobiles to fund Scuderia Ferrari.[2]
In 1988, Enzo Ferrari oversaw the launch of the Ferrari F40, the last new Ferrari to be launched before his death later that year, and arguably one of the most famous supercars ever made. From 2002 to 2004, Ferrari introduced the Enzo. The Enzo was Ferrari's fastest model at the time, and was introduced and named in honor of the company's founder, Enzo Ferrari (Although it was to be called the F60, continuing on from the F40 and F50, but Ferrari was so pleased with it, they called it the Enzo instead). It was initially offered to loyal and reoccuring customers, each of the 399 made (minus the 400th which was donated to the Vatican for charity) had a price tag of $650,000 apiec
In the midst of the so called recession, in the first half of 2011, Ferrariachieved its best ever profit and sales in a six-month period in its 82-year long history.
If the trend for the first six months continues at these levels in the second half of the year, 2011 will be remembered as one of the best in Ferrari’s history,” commented Ferrari’s Chairman, Luca di Montezemolo.
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Fiat
Fiat S.p.A., (Fabbrica Italiana Automobili Torino)[4] (Italian Automobile Factory of Turin), is an Italian automobile manufacturer based in Turin. Fiat was founded in 1899 by a group of investors including Giovanni Agnelli. During its more than a century long history, Fiat has also manufactured railway engines and carriages, military vehicles, and aircraft. As of 2009, the Fiat group (not inclusive of its subsidiary Chrysler) was the world's ninth largest carmaker and the largest in Italy.[5]
Fiat-based cars are built around the world. Outside Italy, the largest country of production is Brazil, where the Fiat brand is the market leader.[6] The group also has factories in Argentina and Poland and a long history of licensing production of its products in other countries. It also has numerous alliances and joint ventures around the world, the main ones being located in Italy, France, Turkey, Serbia, India and China.
Agnelli's grandson Gianni Agnelli was Fiat's chairman from 1966 until 1996; he then served as honorary chairman from 1996 until his death on 24 January 2003, during which time Cesare Romiti served as chairman. After their[clarification needed] removal, Paolo Fresco served as chairman and Paolo Cantarella as CEO. Umberto Agnelli then took over as chairman from 2003 to 2004. After Umberto Agnelli's death on 28 May 2004, Luca Cordero di Montezemolo was named chairman, with Agnelli heir John Elkann becoming vice chairman (at the age of 28), and other family members also serving on the board. At this point, CEO Giuseppe Morchio resigned, and Sergio Marchionne was named to replace him on 1 June 2004.
In September 2010, shareholders approved a plan to split Fiat's capital goods businesses from the group. Agricultural and construction equipment manufacturer CNH Global NV, truck maker Iveco, and the industrial and marine division of Fiat Powertrain Technologies were spun off into a new group on 1 January 2011. The parent company, Fiat Industrial S.p.A., was listed on the Milan stock exchange on 3 January 2011.[7]Giovanni Agnelli founded Fiat in 1899 with several investors and led the company until his death in 1945, while Vittorio Valletta administered the firm's daily activities. Its first car the 3 ½ CV (of which only eight copies were built, all bodied by Alessio of Turin)[8] strongly resembled contemporary Benz,[9]and had a 697 cc (42.5 cu in) boxer twin engine.[9] In 1903, Fiat produced its first truck.[10] In 1908, the first Fiat was exported to the US.[10] That same year, the first Fiat aircraft engine was produced. Also around the same time, Fiat taxis became somewhat popular in Europe.[11] By 1910, Fiat was the largest automotive company in Italy — a position it has retained since. That same year, a plant licensed to produce Fiats in Poughkeepsie, NY, made its first car. Owning a Fiat at that time was a sign of distinction. The cost of a Fiat in the US was initially $4,000[12] and rose up to $6,400 in 1918,[13]compared to $ 825 for a Ford Model T in 1908,[14] and $ 525 in 1918, respectively.[15] Upon the entry of the US into World War I in 1917, the factory was shut down as US regulations became too burdensome. At the same time, Fiat had to devote all of its factories to supplying the Allies with aircraft, engines, machine guns, trucks, and ambulances. After the war, Fiat introduced its first tractor, the 702.[16] By the early 1920s, Fiat had a market share in Italy of 80%.[17]
In 1921, workers seized Fiat's plants and hoisted the red flag of communism over them. Agnelli responded by quitting the company. However, the Italian Socialist Party and its ally organization, the General Confederation of Labor, in an effort to effect a compromise with the centrist parties ordered the occupation ended. In 1922, Fiat began to build the famous Lingotto car factory — then the largest in Europe — which opened in 1923. It was the first Fiat factory to use assembly lines; by 1925, Fiat controlled 87% of the Italian car market.[18] In 1928, with the 509, Fiat included insurance in the purchase price.[19]
Fiat made military machinery and vehicles during World War II for the Army and Regia Aeronautica and later for the Germans. Fiat made obsolete fighter aircraft like the biplane CR.42, which was one of the most common Italian aircraft, along with Savoia-Marchettis, as well as light tanks (obsolete compared to their German and Soviet counterparts) and armoured vehicles. The best Fiat aircraft was the G.55 fighter, which arrived too late and in too limited numbers. In 1945 — the year Mussolini was overthrown — the Italian Committee of National Liberation removed the Agnelli family from leadership roles in Fiat because of its ties to Mussolini's government. These were not returned until 1963, when Giovanni's grandson, Gianni, took over as general manager until 1966, as chairman until 1996
Fiat S.p.A.
Type Società per azioni
Traded as BIT: F
Industry Automotive
Media
Founded 11 July 1899 in Turin, Italy
Founder(s) Giovanni Agnelli
Headquarters Turin, Italy
Key people John Elkann (Chairman), Sergio Marchionne (CEO)
Products Automobiles, commercial vehicles, auto parts, newspapers, production systems
Production output 2,046,060 units (automobiles and LCVs, 2011)[1]
Revenue €37.382 billion (2011)[1]
Operating income €992 million (2010)[2]
Profit €179 million (2010)[2]
Total assets €73.44 billion (end 2010)[2]
Total equity €12.46 billion (end 2010)[2]
Employees 137,800 (end 2010)[2]
Subsidiaries
Website fiatspa.com
Among the younger Agnelli's first steps after gaining control of Fiat was a massive reorganization of the company management, which had previously been highly centralized, with little provision for the delegation of authority and decision-making. Such a system was effective in the past, but lacked the responsiveness and flexibility needed by Fiat's steady expansion, and the growth of its international operations in the 1960s.
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Ford Motor Company
Ford Motor Company
Type Public company
Traded as NYSE: F
S&P 500 Component
Industry Automotive
Founded June 16, 1903
Founder(s) Henry Ford
Headquarters Dearborn, Michigan, U.S.
Area served Worldwide
Key people William C. Ford, Jr.
(Executive Chairman)
Alan R. Mulally
(President & CEO)
Products Automobiles
Automotive parts
Services Automotive finance
Vehicle leasing
Vehicle service
Revenue US$136.26 billion (2011)[1]
Operating income US$8.681 billion (2011)[1]
Net income US$20.21 billion (2011)[1]
Total assets US$178.35 billion (2011)[1]
Total equity US$15.07 billion (2011)[1]
Employees 164,000 (2011)[1]
Divisions Ford
Lincoln
Subsidiaries Automotive Components Holdings
Ford Credit
Troller
Ford Australia
Ford do Brasil
Ford of Europe
Ford of India
Website Ford.com
(also known as simply Ford; NYSE: F), is an American multinational automaker headquartered in Dearborn, Michigan, a suburb of Detroit. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells its vehicles under the Ford and Lincolnbrands. Ford also owns small stakes in Mazda of Japan and Aston Martin of the United Kingdom. The company is controlled by the Ford family, although they have minority ownership.[2]
Ford introduced methods for large-scale manufacturing of cars and large-scale management of an industrial workforce using elaborately engineered manufacturing sequences typified by moving assembly lines. Henry Ford's methods came to be known around the world as Fordism by 1914. Ford's former UK subsidiaries Jaguar and Land Rover were sold to Tata Motors of India in March 2008. Ford owned the Swedish automaker Volvofrom 1999 to 2010.[3] Ford discontinued the Mercury brand after the 2011 model year.
Ford is the second-largest U.S.-based automaker and the fifth-largest in the world based on 2010 vehicle sales.[4] At the end of 2010, Ford was the fifth largest automaker in Europe.[5] Ford is the eighth-ranked overall American-based company in the 2010 Fortune 500 list, based on global revenues in 2009 of $118.3 billion.[6] In 2008, Ford produced 5.532 million automobiles[7] and employed about 213,000 employees at around 90 plants and facilities worldwide. During the automotive crisis, Ford's worldwide unit volume dropped to 4.817 million in 2009. In 2010, Ford earned a net profit of $6.6 billion and reduced its debt from $33.6 billion to $14.5 billion lowering interest payments by $1 billion following its 2009 net profit of $2.7 billion.[8][9]
Type | Società per azioni |
---|---|
Industry | Automotive |
Founded | 1947 (historical 1929) |
Founder(s) | Enzo Ferrari |
Headquarters | Maranello, Italy |
Key people | Luca di Montezemolo Chairman Piero Ferrari Vice Chairman Amedeo Felisa CEO |
Products | Sports cars |
Production output | 7,044 units (2011)[1] |
Revenue | € 2.2 billion (2011)[1] |
Owner(s) | Fiat S.p.A. 90% |
Employees | 2,695 (2011)[1] |
Parent | Fiat S.p.A. |
Website | Ferrari.com |
In 1988, Enzo Ferrari oversaw the launch of the Ferrari F40, the last new Ferrari to be launched before his death later that year, and arguably one of the most famous supercars ever made. From 2002 to 2004, Ferrari introduced the Enzo. The Enzo was Ferrari's fastest model at the time, and was introduced and named in honor of the company's founder, Enzo Ferrari (Although it was to be called the F60, continuing on from the F40 and F50, but Ferrari was so pleased with it, they called it the Enzo instead). It was initially offered to loyal and reoccuring customers, each of the 399 made (minus the 400th which was donated to the Vatican for charity) had a price tag of $650,000 apiec
Fiat
Fiat S.p.A., (Fabbrica Italiana Automobili Torino)[4] (Italian Automobile Factory of Turin), is an Italian automobile manufacturer based in Turin. Fiat was founded in 1899 by a group of investors including Giovanni Agnelli. During its more than a century long history, Fiat has also manufactured railway engines and carriages, military vehicles, and aircraft. As of 2009, the Fiat group (not inclusive of its subsidiary Chrysler) was the world's ninth largest carmaker and the largest in Italy.[5]
Fiat-based cars are built around the world. Outside Italy, the largest country of production is Brazil, where the Fiat brand is the market leader.[6] The group also has factories in Argentina and Poland and a long history of licensing production of its products in other countries. It also has numerous alliances and joint ventures around the world, the main ones being located in Italy, France, Turkey, Serbia, India and China.
Agnelli's grandson Gianni Agnelli was Fiat's chairman from 1966 until 1996; he then served as honorary chairman from 1996 until his death on 24 January 2003, during which time Cesare Romiti served as chairman. After their[clarification needed] removal, Paolo Fresco served as chairman and Paolo Cantarella as CEO. Umberto Agnelli then took over as chairman from 2003 to 2004. After Umberto Agnelli's death on 28 May 2004, Luca Cordero di Montezemolo was named chairman, with Agnelli heir John Elkann becoming vice chairman (at the age of 28), and other family members also serving on the board. At this point, CEO Giuseppe Morchio resigned, and Sergio Marchionne was named to replace him on 1 June 2004.
In September 2010, shareholders approved a plan to split Fiat's capital goods businesses from the group. Agricultural and construction equipment manufacturer CNH Global NV, truck maker Iveco, and the industrial and marine division of Fiat Powertrain Technologies were spun off into a new group on 1 January 2011. The parent company, Fiat Industrial S.p.A., was listed on the Milan stock exchange on 3 January 2011.[7]Giovanni Agnelli founded Fiat in 1899 with several investors and led the company until his death in 1945, while Vittorio Valletta administered the firm's daily activities. Its first car the 3 ½ CV (of which only eight copies were built, all bodied by Alessio of Turin)[8] strongly resembled contemporary Benz,[9]and had a 697 cc (42.5 cu in) boxer twin engine.[9] In 1903, Fiat produced its first truck.[10] In 1908, the first Fiat was exported to the US.[10] That same year, the first Fiat aircraft engine was produced. Also around the same time, Fiat taxis became somewhat popular in Europe.[11] By 1910, Fiat was the largest automotive company in Italy — a position it has retained since. That same year, a plant licensed to produce Fiats in Poughkeepsie, NY, made its first car. Owning a Fiat at that time was a sign of distinction. The cost of a Fiat in the US was initially $4,000[12] and rose up to $6,400 in 1918,[13]compared to $ 825 for a Ford Model T in 1908,[14] and $ 525 in 1918, respectively.[15] Upon the entry of the US into World War I in 1917, the factory was shut down as US regulations became too burdensome. At the same time, Fiat had to devote all of its factories to supplying the Allies with aircraft, engines, machine guns, trucks, and ambulances. After the war, Fiat introduced its first tractor, the 702.[16] By the early 1920s, Fiat had a market share in Italy of 80%.[17]
In 1921, workers seized Fiat's plants and hoisted the red flag of communism over them. Agnelli responded by quitting the company. However, the Italian Socialist Party and its ally organization, the General Confederation of Labor, in an effort to effect a compromise with the centrist parties ordered the occupation ended. In 1922, Fiat began to build the famous Lingotto car factory — then the largest in Europe — which opened in 1923. It was the first Fiat factory to use assembly lines; by 1925, Fiat controlled 87% of the Italian car market.[18] In 1928, with the 509, Fiat included insurance in the purchase price.[19]
Fiat made military machinery and vehicles during World War II for the Army and Regia Aeronautica and later for the Germans. Fiat made obsolete fighter aircraft like the biplane CR.42, which was one of the most common Italian aircraft, along with Savoia-Marchettis, as well as light tanks (obsolete compared to their German and Soviet counterparts) and armoured vehicles. The best Fiat aircraft was the G.55 fighter, which arrived too late and in too limited numbers. In 1945 — the year Mussolini was overthrown — the Italian Committee of National Liberation removed the Agnelli family from leadership roles in Fiat because of its ties to Mussolini's government. These were not returned until 1963, when Giovanni's grandson, Gianni, took over as general manager until 1966, as chairman until 1996
|
Ford Motor Company
Type | Public company |
---|---|
Traded as | NYSE: F S&P 500 Component |
Industry | Automotive |
Founded | June 16, 1903 |
Founder(s) | Henry Ford |
Headquarters | Dearborn, Michigan, U.S. |
Area served | Worldwide |
Key people | William C. Ford, Jr. (Executive Chairman) Alan R. Mulally (President & CEO) |
Products | Automobiles Automotive parts |
Services | Automotive finance Vehicle leasing Vehicle service |
Revenue | US$136.26 billion (2011)[1] |
Operating income | US$8.681 billion (2011)[1] |
Net income | US$20.21 billion (2011)[1] |
Total assets | US$178.35 billion (2011)[1] |
Total equity | US$15.07 billion (2011)[1] |
Employees | 164,000 (2011)[1] |
Divisions | Ford Lincoln |
Subsidiaries | Automotive Components Holdings Ford Credit Troller Ford Australia Ford do Brasil Ford of Europe Ford of India |
Website | Ford.com |
Ford introduced methods for large-scale manufacturing of cars and large-scale management of an industrial workforce using elaborately engineered manufacturing sequences typified by moving assembly lines. Henry Ford's methods came to be known around the world as Fordism by 1914. Ford's former UK subsidiaries Jaguar and Land Rover were sold to Tata Motors of India in March 2008. Ford owned the Swedish automaker Volvofrom 1999 to 2010.[3] Ford discontinued the Mercury brand after the 2011 model year.
Ford is the second-largest U.S.-based automaker and the fifth-largest in the world based on 2010 vehicle sales.[4] At the end of 2010, Ford was the fifth largest automaker in Europe.[5] Ford is the eighth-ranked overall American-based company in the 2010 Fortune 500 list, based on global revenues in 2009 of $118.3 billion.[6] In 2008, Ford produced 5.532 million automobiles[7] and employed about 213,000 employees at around 90 plants and facilities worldwide. During the automotive crisis, Ford's worldwide unit volume dropped to 4.817 million in 2009. In 2010, Ford earned a net profit of $6.6 billion and reduced its debt from $33.6 billion to $14.5 billion lowering interest payments by $1 billion following its 2009 net profit of $2.7 billion.[8][9]
Renault
Type | Société Anonyme |
---|---|
Traded as | Euronext: RNO |
Industry | Automotive industry |
Founded | 25 February 1899 |
Founder(s) | Louis Renault, Marcel Renault,Fernand Renault |
Headquarters | Boulogne-Billancourt, France |
Area served | Worldwide (118 countries) |
Key people | Carlos Ghosn (Chairman and CEO) |
Products | Automobiles, commercial vehicles, financing |
Production output | 3,195,810[1] (2010) |
Revenue | €42.628 billion (2011)[2] |
Operating income | €1.244 million (2011)[2] |
Profit | €2.139 billion (2011)[2] |
Total assets | €72.93 billion (end 2011)[2] |
Total equity | €24.57 billion (end 2011)[2] |
Employees | 128,322[1] (as of December 31, 2011) |
Subsidiaries | Automobile Dacia (99.43%) Renault Samsung Motors(80.1%) AutoVAZ (25%) Renault Sport Renault Sport F1 RCI Banque Motrio |
Website | www.renault.com |
Renault S.A. (French pronunciation: [ʁə'no]) (Euronext: RNO) is a French automaker producing cars, vans, and in the past, autorail vehicles, trucks, tractors, vans, tanks, and also buses/coaches. Its alliance with Nissan makes it the fourth-largest automotive group.[3] Together Renault and Nissan are leading electric car development among major car companies, investing 4 billion euros ($5.16 billion) in eight electric vehicles over the next 3–4 years.[4] Headquartered in Boulogne-Billancourt, Renault owns the Romanian automaker Automobile Dacia and the Korean automaker Renault Samsung Motors. Renault also owns subsidiaries RCI Banque (providing automotive financing) and Motrio (automotive parts). Renault Trucks, previously Renault Vehicules Industriels, has been part of Volvo Trucks since 2001. Renault Agriculture became 100% owned by German agricultural equipment manufacturer CLAAS in 2008.
Lebanese Brazilian Carlos Ghosn is the current chairman and CEO. The company's most successful cars to date are the Renault Clio and the Renault Mégane, and its core market is Europe.[5] The company is known for its role in motor sport, and its success over the years in rallying and Formula 1. The French government owns a 15 percent share of Renault.[4]
Renault's head office is in Boulogne-Billancourt.[21] The head office is located near the old Renault factories; Renault has maintained a historical presence in Boulogne-Billancourt,[22] as the historic Boulogne-Billancourt plant had Renault's activity since 1898.[21]
[edit]
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Type | Public company |
---|---|
Traded as | NYSE: HOG S&P 500 Component |
Founded | 1903 |
Founder(s) | William S. Harley Arthur Davidson Walter Davidson William A. Davidson |
Headquarters | Milwaukee, Wisconsin, United States |
Key people | Keith E. Wandell, CEO |
Products | Motorcycles |
Revenue | US$ 5.31 billion (2011)[1] |
Operating income | US$ 829.9 million (2011)[1] |
Net income | US$ 599.1 million (2011)[1] |
Total assets | US$ 9.674 billion (2011)[1] |
Total equity | US$ 2.420 billion (2011)[1] |
Employees | 6,000 (December 2011)[2] |
Website | www.harley-davidson.com |
Harley-Davidson Inc[3] (NYSE: HOG, formerly HDI[4]), often abbreviated H-D or Harley, is an American motorcycle manufacturer. Founded inMilwaukee, Wisconsin, during the first decade of the 20th century, it was one of two major American motorcycle manufacturers to survive theGreat Depression.[5] Harley-Davidson also survived a period of poor quality control and competition from Japanese manufacturers.[6]
The company sells heavyweight (over 750 cc) motorcycles designed for cruising on highways. Harley-Davidson motorcycles (popularly known as "Harleys") have a distinctive design and exhaust note. They are especially noted for the tradition of heavy customization that gave rise to thechopper style of motorcycle.[7] Except for the modern VRSC model family, current Harley-Davidson motorcycles reflect the styles of classic Harley designs. Harley-Davidson's attempts to establish itself in the light motorcycle market have met with limited success and have largely been abandoned since the 1978 sale of its Italian Aermacchi subsidiary.
Harley-Davidson sustains a loyal brand community which keeps active through clubs, events, and a museum. Licensing of the Harley-Davidson brand and logo accounted for $40 million (0.8%) of the company's net revenue in 2010.[2]
In August 2009, Harley-Davidson announced plans to enter the market in India, and started selling motorcycles there in 2010. The company established a subsidiary, Harley-Davidson India, in Guragon, near Delhi, in 2011, and created an Indian dealer network.
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General Motors
Type | Public |
---|---|
Traded as | NYSE: GM TSX: GMM.U |
Industry | Automotive |
Founded | September 16, 1908 |
Founder(s) | William C. Durant |
Headquarters | Renaissance Center Detroit, Michigan United States |
Number of locations | 156 facilities on six continents[1] |
Area served | Worldwide |
Key people | Daniel F. Akerson, Chairman and CEO |
Products | Automobiles Financial Services |
Revenue | US$ 150.28 billion (2011)[2] |
Operating income | US$ 9.287 billion (2011)[2] |
Net income | US$ 7.585 billion (2011)[2] |
Total assets | US$ 144.60 billion (2011)[2] |
Total equity | US$ 38.99 billion (2011)[2] |
Employees | 207,000 (2012)[1] |
Divisions | Chevrolet Buick Cadillac GMC |
Subsidiaries | General Motors India ACDelco GM Components Holdings LLC OnStar Adam Opel AG GM Holden Ltd GM Financial GM Korea General Motors do Brasil Vauxhall Motors |
Website | www.gm.com |
General Motors Company (NYSE: GM, TSX: GMM.U), commonly known as GM, formerly incorporated (until 2009) as General Motors Corporation, is an American multinational automotive corporation headquartered in Detroit, Michigan, and the world's largest automaker, by vehicle unit sales, in 2011.[3]
GM employs 202,000 people[1] and does business in some 157 countries. General Motors produces cars and trucks in 31 countries, and sells and services these vehicles through the following divisions/brands: Buick, Cadillac, Chevrolet, GMC, Opel, Vauxhall, and Holden, as well as two joint ventures in China, Shanghai GM and SAIC-GM-Wuling Automobile. GM's OnStar subsidiary provides vehicle safety, security and information services.
In 2009, the company emerged from a government backed Chapter 11 reorganization. In 2010, GM made an initial public offering that was one of the world's top 5 largest IPOs to date. GM returned to profitability in 2011.[4]
Based on global sales, General Motors is currently the world's no. 1 automaker. Headquartered at the Renaissance Center in Detroit, GM employs approximately 202,000 people around the world. In 2009, General Motors sold 6.5 million cars and trucks globally.
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Suzuki
Type | Public (TYO: 7269) |
---|---|
Industry | Automotive |
Founded | 1909 (as Suzuki Loom Works) |
Founder(s) | Michio Suzuki |
Headquarters | Hamamatsu, Shizuoka, Japan |
Area served | Worldwide |
Key people | Osamu Suzuki, (Chairman &CEO)[1] |
Products |
|
Production output | 2,878,000 units (Automobiles) (2011) 2,735,000 units (Motorcycles) (2011) |
Revenue | ¥2.608 trillion (2011)[2] (US$31.367 billion) |
Profit | ¥45.17 billion (2011) (US$543 million) |
Total assets | ¥2.224 trillion (2011) (US$26.84 billion) |
Employees | 52,731 (2011)[3] |
Subsidiaries | Maruti Suzuki Magyar Suzuki Pak Suzuki Motor |
Website | www.globalsuzuki.com www.suzuki.co.jp |
Suzuki Motor Corporation (スズキ株式会社 Suzuki Kabushiki-Kaisha )[4] is a Japanese multinational corporation headquartered in Minami-ku,Hamamatsu, Japan[5] that specializes in manufacturing compact automobiles and 4x4 vehicles, a full range of motorcycles, all-terrain vehicles (ATVs),outboard marine engines, wheelchairs and a variety of other small internal combustion engines. Suzuki is Japan's 4th largest automobile manufacturer after Toyota, Nissan and Honda, the 9th largest automobile manufacturer in the world by production volume,[6] employs over 45,000, has 35 main production facilities in 23 countries and 133 distributors in 192 countries.[citation needed] According to statistics from the Japan Automobile Manufacturers Association (JAMA), Suzuki is Japan's second-largest manufacturer of small cars and trucks.
MARUTI SUZUKI- Indian Operations..
Maruti Suzuki India Limited (Hindi: मारुति सुज़ुकी /marut̪i suzuki/) ( (NSE: MARUTI, BSE: 532500), commonly referred to as Maruti, is a subsidiary company of Japanese automaker Suzuki Motor Corporation. It has a market share of 44.9% of the Indian passenger car market as of March 2011.[4] Maruti Suzuki offers a complete range of cars from entry level Maruti 800 and Alto, to hatchback Ritz, A-Star, Swift, Wagon-R,Estillo and sedans DZire, SX4, in the 'C' segment Maruti Eeco, Multi Purpose vehicle Ertiga and Sports Utility vehicle Grand Vitara.[5]
It was the first company in India to mass-produce and sell more than a million cars. It is largely credited for having brought in an automobile revolution to India. It is the market leader in India, and on 17 September 2007, Maruti Udyog Limited was renamed as Maruti Suzuki India Limited. The company's headquarters are located in New Delhi.[1] In February 2012, the company sold its 10th million vehicle in India.[6]
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Volkswagen
Industry | Automotive |
---|---|
Founded | 28 May 1937 |
Founder(s) | Ferdinand Porsche |
Headquarters | Wolfsburg, Germany |
Area served | Worldwide |
Key people | Martin Winterkorn: Chairman of the Board of Management, Ferdinand Piëch: Chairman of Volkswagen Supervisory Board |
Products | Cars |
Production output | 4,591,851 units (2010) |
Revenue | €80.251 billion (2010) (US$119 billion USD) |
Employees | 368,500 (2009) |
Parent | Volkswagen Group |
Website | www.volkswagen.com |
Volkswagen (abbreviated VW) is a German automobile manufacturer and the original and biggest-selling marque of the Volkswagen Group, which now also owns the Audi, Bentley, Bugatti, Ducati, Lamborghini, SEAT, 50.1% of Porsche, Giugiaro, 19.9% of Suzuki and Škoda marques and the truck manufacturer Scania.[1]
Volkswagen means "people's car" in German, in which it is pronounced [ˈfɔlksˌvaːɡən]. Its current tagline or slogan is Das Auto (The Car).
Volkswagen has three cars in the top 10 list of best selling cars of all time compiled by the website 24/7 Wall St: the Volkswagen Golf, theVolkswagen Beetle, and the Volkswagen Passat. With these three cars, Volkswagen has the most cars of any automobile manufacturer in the list that are still being manufactured. [2]
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Toyota
Type | Public |
---|---|
Traded as | TYO: 7203 LSE: TYT NYSE: TM |
Industry | Automotive Robotics Financial services |
Founded | August 28, 1937 |
Founder(s) | Kiichiro Toyoda |
Headquarters | Toyota, Aichi, Japan |
Area served | Worldwide |
Key people | Fujio Cho (Chairman) Akio Toyoda (President andCEO) |
Products | Automobiles Financial Services |
Production output | 7,308,039 units (FY2011)[1] |
Revenue | ¥18.583 trillion (2012)[1] |
Operating income | ¥355.62 billion (2012)[1] |
Profit | ¥283.55 billion (2012)[1] |
Total assets | ¥30.650 trillion (2012)[1] |
Total equity | ¥10.550 trillion (2012)[1] |
Employees | 324,747 (2012)[2] |
Parent | Toyota Group |
Divisions | Lexus Scion |
Subsidiaries | 522 (Toyota Group) Toyota India Hino Motors, Ltd. Daihatsu Motor Co., Ltd. Toyota Financial Services DENSO Toyota Industries Fuji Heavy Industries (16.5%) |
Website | Toyota Global |
Toyota Motor Corporation (トヨタ自動車株式会社 Toyota Jidōsha KK , IPA: [toꜜjota]) /tɔɪˈoʊtə/, abbreviated TMC, is a multinational automakerheadquartered in Toyota, Aichi, Japan. In 2010, Toyota employed 317,734 people worldwide,[2] and was the world's largest automobile manufacturer in 2010 by production.[3] Toyota is the ninth largest company in the world by revenue.
The company was founded by Kiichiro Toyoda in 1937 as a spinoff from his father's company Toyota Industries to create automobiles. Three years earlier, in 1934, while still a department of Toyota Industries, it created its first product, the Type A engine, and, in 1936, its first passenger car, theToyota AA. Toyota Motor Corporation group companies are Toyota (including the Scion brand), Lexus, Daihatsu and Hino Motors,[4] along with several "non-automotive" companies.[5] TMC is part of the Toyota Group, one of the largest conglomerates in the world.
Toyota has long been recognized as an industry leader in manufacturing and production. Three stories of its origin have been found,[where?] one that they studied Piggly-Wiggly's just-in-time distribution system, one that they followed the writings of W. Edwards Deming, and one that they were given the principles from a WWII US government training program (Training Within Industry).[citation needed] It is possible that all these, and more, are true.[vague]Regardless of the origin, the principles described by Toyota in its management philosophy, The Toyota Way, are: Challenge, Kaizen (improvement), Genchi Genbutsu (go and see), Respect, and Teamwork.[39]
As described by external observers of Toyota, the principles of the Toyota Way are:[40]
- Base your management decisions on a long-term philosophy, even at the expense of short-term goals
- Create continuous process flow to bring problems to the surface
- Use "pull" systems to avoid overproduction
- Level out the workload
- Build a culture of stopping to fix problems, to get quality right the first time
- Standardized tasks are the foundation for continuous improvement and employee empowerment
- Use visual control so no problems are hidden
- Use only reliable, thoroughly tested technology that serves your people and processes
- Grow leaders who thoroughly understand the work, live the philosophy, and teach it to others
- Develop exceptional people and teams who follow your company’s philosophy
- Respect your extended network of partners and suppliers by challenging them and helping them improve
- Go and see for yourself to thoroughly understand the situation (genchi genbutsu)
- Make decisions slowly by consensus, thoroughly considering all options; implement decisions rapidly
- Become a learning organization through relentless reflection and continuous improvement
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Tata Motors
Type | Public |
---|---|
Traded as | NSE: TATAMOTORS BSE: 500570 NYSE: TTM BSE SENSEX Constituent |
Industry | Automotive |
Founded | 1945 |
Founder(s) | Jamshedji Tata |
Headquarters | Mumbai, Maharashtra, India[1] |
Area served | Worldwide |
Key people | Ratan Tata, (Chairman) Ravi Kant, (Vice-Chairman) |
Products | Automobiles Commercial vehicles Automotive parts |
Services | Vehicle leasing Vehicle service |
Revenue | US$ 34.575 billion (2012)[2] |
Profit | US$ 2.821 billion (2012)[2] |
Total assets | US$ 28.540 billion (2012)[2] |
Total equity | US$ 6.507 billion (2012)[2] |
Employees | 59,759 (2012)[2] |
Parent | Tata Group |
Subsidiaries | Jaguar Land Rover TDCV Tata Hispano |
Website | www.tatamotors.com |
Tata Motors Limited formerly TELCO, (NSE: TATAMOTORS, BSE: 500570, NYSE: TTM) is an Indian multinational automotive corporation headquartered in Mumbai, India. It is the eighteenth largest motor vehicle manufacturing company in the world by volume. Part of the Tata Group. Its products include passenger cars, trucks, vans and coaches. Tata Motors has been ranked 314th in the Fortune Global 500 rankings of the world's biggest corporations for the year 2012.[2]
Tata Motors is South Asia’s largest automobile company; it is the leader in commercial vehicles and among the top three in passenger vehicles. Worldwide it is the world's fourth-largest truck manufacturer and second-largest bus manufacturer.[2] It has auto manufacturing and assembly plants inJamshedpur, Pantnagar, Lucknow, Sanand, Dharwad and Pune, India, as well as in Argentina, South Africa, Thailand and the United Kingdom. Tata Motors has produced and sold over 6.5 million vehicles in India since 1954.[3]
Originally a manufacturer of locomotives, the company manufactured its first commercial vehicle in 1954 in a collaboration with Daimler-Benz AG, which ended in 1969.[4] In 2010, Tata Motors surpassed Reliance to win the coveted title of 'India's most valuable brand' in an annual survey conducted by Brand Finance and The Economic Times.[5]. Tata Motors was ranked as India's 3rd Most Reputed Car manufacturer [6] in the Reputation Benchmark Study - Auto (Cars) Sector, launched in April 2012.
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Type | Public |
---|---|
Traded as | BSE: 532977, NSE: BAJAJ-AUTO BSE SENSEX Constituent |
Industry | Automotive |
Headquarters | Pune, Maharashtra, India |
Key people | Rahul Bajaj (Chairman) |
Products | Motorcycles, three-wheeler vehicles and cars |
Revenue | 16,974 crore (US$3.39 billion)(2011)[1] |
Net income | 3,454 crore (US$689.07 million)(2011) |
Employees | 10,250 (2006-07) |
Parent | Bajaj Group |
Website | www.bajajauto.com |
Bajaj Auto Limited (BSE: 532977, NSE: BAJAJ-AUTO) is an Indian motorized vehicle-producing company. Bajaj Auto is a part of Bajaj Group. Its founded by Jamnalal Bajaj at Rajasthan in the 1930s. It is based in Pune, Maharashtra, with plants in Chakan (Pune), Waluj (near Aurangabad) and Pantnagar in Uttaranchal. The oldest plant at Akurdi (Pune) now houses the R&D centre Ahead. Bajaj Auto makes and exports automobiles,scooters, motorcycles and the auto rickshaw.
Bajaj Auto is the world's third-largest manufacturer of motorcycles and second-largest in India.[2]
The Forbes Global 2000 list for the year 2005 ranked Bajaj Auto at 1,946.[3] It features at 1639 in forbes 2011 list.
Over the last decade, the company has successfully changed its image from a scooter manufacturer to a two-wheeler manufacturer. Its product range encompasses scooterettes, scooters and motorcycles. Its real growth in numbers has come in the last four years after successful introduction of a few models in the motorcycle segment.
The company is headed by Rahul Bajaj who is worth more than US$1.5 billion.[4]
Bajaj Auto came into existence on 29 November 1945 as M/s Bachraj Trading Corporation Private Limited. It started off by selling imported two- and three-wheelers in India. In 1959, it obtained license from the Government of India to manufacture two- and three-wheelers and it went public in 1960. In 1970, it rolled out its 100,000th vehicle. In 1977, it managed to produce and sell 100,000 vehicles in a single financial year. In 1985, it started producing at Waluj near Aurangabad. In 1986, it managed to produce and sell 500,000 vehicles in a single financial year. In 1995, it rolled out its ten millionth vehicle and produced and sold one million vehicles in a year.
According to the authors of Globality: Competing with Everyone from Everywhere for Everything, Bajaj has grown operations in 50 countries by creating a line of value-for-money bikes targeted to the different preferences of entry-level buyers.[5]
---------------------------------------------------------------------------------Type | Public |
---|---|
Traded as | BSE: 500520 BSE SENSEX Constituent |
Industry | Automotive |
Founded | 1945 (Ludhiana) |
Headquarters | Mumbai, Maharashtra, India |
Area served | Worldwide |
Key people | Anand Mahindra (MD) |
Products | Automobiles, commercial vehicles, two-wheelers |
Revenue | 37,026 crore (US$7.39 billion)(2011)[1] |
Net income | 3,079 crore (US$614.26 million)(2011)[2] |
Total assets | 36,926 crore (US$7.37 billion)(2011)[2] |
Employees | 15,147 (2011)[2] |
Parent | Mahindra Group |
Website | Mahindra.com |
Mahindra & Mahindra Limited (M&M) (BSE: 500520) is an Indian multinational automaker headquartered in Mumbai, Maharashtra, India. It is one of the largest automobile manufacturers by production in India and a subsidiary of Mahindra Group conglomerate. The company was founded in 1945 in Ludhiana as Mahindra & Mohammed by brothers K.C. Mahindra and J.C. Mahindra and Malik Ghulam Mohammed.[3] After India gained independence and Pakistan was formed, Mohammed emigrated to Pakistan where he became the nation's first finance minister. The company changed its name to Mahindra & Mahindra in 1948.[4] It is ranked #21 in the list of top companies of India in Fortune India 500 in 2011.[5]
The company has enjoyed 27 years of market leadership and has garnered the highest customer satisfaction index (CSI) in the industry at 88 percent.[41] In its 2009 survey of Asia’s 200 most admired and innovative companies, the Wall Street Journal named Mahindra & Mahindra one of the 10 most innovative Indian companies. It earned a 2008 Golden Peacock Award in the Innovative Product/Services category for its in-house development of a load-car. In 2007, Mahindra & Mahindra became the only tractor company to win the Deming Application Prize and the Japan Quality Medal for Total Quality Management excellence in entire business operations.
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Ashok Leyland
Type | Public |
---|---|
Traded as | BSE: 500477 NSE: ASHOKLEY |
Industry | Automotive |
Founded | 1948 |
Headquarters | Chennai, Tamil Nadu, India |
Products | Automobiles Engines |
Revenue | 12,711 crore (US$2.54 billion)(2011) |
Net income | 674 crore (US$134.46 million)(2011) |
Employees | 15,812 (2011) |
Parent | Hinduja Group |
Subsidiaries | Ennore foundries Limited Automotive Coaches and Components Limited Gulf-Ashley Motors Limited Ashley Holdings Limited Ashley Investments Limited Ashley Design and Engineering Services (ADES) Avia Ashok Leyland Ashok Leyland Defence Systems (ALDS) Ashok Leyland Project Services Limited Lanka Ashok Leyland[1] |
Website | www.ashokleyland.com |
Ashok Leyland (NSE: ASHOKLEY, BSE: 500477) is a commercial vehicle manufacturing company based in Chennai, India. Founded in 1948, the company is one of India's leading manufacturers of commercial vehicles, such as trucks and buses, as well as emergency and military vehicles. Operating six plants, Ashok Leyland also makes spare parts and engines for industrial and marine applications. It sells about 60,000 vehicles and about 7,000 engines annually. It is the second largest commercial vehicle company in India in the medium and heavy commercial vehicle (M&HCV) segment with a market share of 28% (2007–08). With passenger transportation options ranging from 19 seaters to 80 seaters, Ashok Leyland is a market leader in the bus segment.The company claims to carry over 60 million passengers a day, more people than the entire Indian rail network. In the trucks segment Ashok Leyland primarily concentrates on the 16 ton to 25 ton range of trucks. However Ashok Leyland has presence in the entire truck range starting from 7.5 tons to 49 tons. The joint venture announced with Nissan Motors of Japan would improve its presence in the Light Commercial Vehicle (LCV) segment (<7.5 tons).
Ashok Leyland's UK subsidiary Optare has shut down its bus factory in Blackburn, UK.[2]
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Honda
Type | Public company (TYO: 7267) & (NYSE: HMC) |
---|---|
Industry | |
Founded | 24 September 1948 |
Founder(s) | |
Headquarters | Minato, Tokyo, Japan |
Area served | Worldwide |
Key people | Takanobu Ito (President, CEO, & Representative Director) |
Products |
|
Revenue | ¥7.948 trillion (2012)[1] |
Operating income | ¥231.36 billion (2012)[1] |
Net income | ¥211.48 billion (2012)[1] |
Total assets | ¥11.780 trillion (2012)[1] |
Total equity | ¥4.402 trillion (2012)[1] |
Employees | 179,060 (2012)[2] |
Subsidiaries |
|
Website | world.honda.com |
Honda Motor Company, Ltd. (本田技研工業株式会社 Honda Giken Kōgyō KK , IPA: [honꜜda] ( listen); /ˈhɒndə/) (TYO: 7267) is a Japanesepublic multinational corporation primarily known as a manufacturer of automobiles and motorcycles.
Honda has been the world's largest motorcycle manufacturer since 1959,[3][4] as well as the world's largest manufacturer of internal combustion engines measured by volume, producing more than 14 million internal combustion engines each year.[5] Honda surpassed Nissan in 2001 to become the second-largest Japanese automobile manufacturer.[6][7] As of August 2008, Honda surpassed Chrysler as the fourth largest automobile manufacturer in the United States.[8] Honda was the seventh largest automobile manufacturer in the world behind Toyota, General Motors, Volkswagen AG, Hyundai Motor Group, Ford, and Nissan in 2010.[citation needed]
Honda was the first Japanese automobile manufacturer to release a dedicated luxury brand, Acura, in 1986. Aside from their core automobile and motorcycle businesses, Honda also manufactures garden equipment, marine engines, personal watercraft and power generators, amongst others. Since 1986, Honda has been involved with artificial intelligence/robotics research and released their ASIMO robot in 2000. They have also ventured into aerospace with the establishment of GE Honda Aero Engines in 2004 and the Honda HA-420 HondaJet, scheduled to be released in 2012. Honda spends about 5% of its revenues into R&D.[9]
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Hero MotoCorp
Type | Public company |
---|---|
Traded as | BSE: 500182 NSE: HEROMOTOCO BSE SENSEX Constituent |
Industry | Automotive |
Founded | 19 January 1984 (Gurgaon) |
Founder(s) | Brijmohan Lall Munjal |
Headquarters | New Delhi, India |
Key people | Brijmohan Lall Munjal (Chairman) Pawan Munjal (MD & CEO)[1] |
Products | Motorcycles, scooters, three-wheeler vehicles and spare parts |
Revenue | 19,669.290 crore (US$3.92 billion)[2] |
Operating income | 2,597.07 crore (US$518.12 million)(FY 2010-2011) |
Net income | 1,927.90 crore (US$384.62 million)(FY 2010-2011)[3] |
Parent | Hero Cycles |
Website | www.heromotocorp.com |
Hero Motocorp Ltd. (BSE: 500182, NSE: HEROMOTOCO) formerly Hero Honda is an Indian motorcycle and scooter manufacturer based in New Delhi, India. Hero Honda started in 1984 as a joint venture between Hero Cycles of India and Honda of Japan.[4] The company is the largest two wheeler manufacturer in India.[5] The 2006 Forbes 200 Most Respected companies list has Hero Honda Motors ranked at 108.[6]
In 2010, When Honda decided to move out of the joint venture,[7] Hero Group bought the shares held by Honda.[8] Subsequently, in August 2011 the company was renamed Hero MotoCorp with a new corporate identity.[9] On 4th June 2012,Hero Motocorp approved a proposal to merge the investment arm of its parent-Hero Investment Pvt. Ltd. into the automaker.The decision comes after 18 months of its split from Honda Motor.
The company has a stated aim of achieving revenues of $10 billion and volumes of 10 million two-wheelers by 2016-17. This in conjunction with new countries where they can now market their two-wheelers following the disengagement from Honda, Hero MotoCorp hopes to achieve 10 per cent of their revenues from international markets, and they expected to launch sales in Nigeria by end-2011 or early-2012. In addition, to cope with the new demand over the coming half decade, the company was going to build their fourth factory in South India and their fifth factory in Western India
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Mitsubishi
Type | Private |
---|---|
Industry | Conglomerate |
Founded | 1870 |
Founder(s) | Yataro Iwasaki |
Headquarters | Tokyo, Japan |
Area served | Worldwide |
Key people | CEO, Ken Kobayashi |
Products | Mining, shipbuilding, telecom,financial services, insurance,electronics, automotive, construction, heavy industries, oil and gas, real estate, foods and beverages,chemicals, steel, aviation and others |
Revenue | US$ 248.6 Billion (2010) |
Profit | US$ 7.2 Billion (2010) |
Employees | 350,000 (2010) |
Subsidiaries | List of subsidiaries |
Website | Mitsubishi.com |
This article needs additional citations for verification. (September 2007) |
The Mitsubishi Group (三菱グループ, Mitsubishi Gurūpu) (also known as the Mitsubishi Group of Companies or Mitsubishi Companies) is aJapanese multinational conglomerate comprising a range of autonomous businesses which share the Mitsubishi brand, trademark and legacy.
The Mitsubishi group of companies form a loose entity, the Mitsubishi Keiretsu, which is often referenced in Japanese and US media and official reports; in general these companies all descend from the zaibatsu of the same name. The top 25 companies are also members of the Mitsubishi Kin'yōkai, or "Friday Club", and meet monthly. In addition the Mitsubishi.com Committee exists to facilitate communication and access of the Mitsubishi brand through a portal web site.[1]
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TVS Motor Company
Type | Public company |
---|---|
Traded as | BSE: 532343,NSE: TVSMOTOR |
Industry | Automotive |
Founded | 1978 |
Founder(s) | T S Srinivasan |
Headquarters | Chennai, India |
Key people | Venu Srinivasan (Chairman & MD) |
Products | Motorcycles, scooters, three-wheeler vehicles and spare parts |
Revenue | INR 62.99 billion (US $ 1.26 billion) |
Parent | Sundaram-Clayton Limited |
Subsidiaries | PT TVS Motor, Indonesia |
Website | www.tvsmotor.in |
TVS Motor Company Limited (BSE: 532343, NSE: TVSMOTOR) is the fourth largest two-wheeler manufacturer in India.[1] It is the flagship company of the parent TVS Group employing over 40,000 people with an estimated 15 million customers.[2] It manufactures motorcycles, scooters,mopeds and auto rickshaws. It is India's only two-wheeler company to have won the Deming Prize awarded for commitment to quality control, received in 2002.
Over the years TVS Motor has grown to be the largest in the group, both in terms of size and turnover, with four state of the art[7] manufacturing plants in Hosur, Mysore and Nalagarh in India andKarawang in Indonesia. TVS Motor is credited with many innovations in the Indian automobile industry, notable among them being the introduction of India's first two-seater moped, the TVS 50cc. The company became the leader in its category of sub 100 cc mopeds, having sold 7 million units. It also introduced the TVS Scooty, which is India's second largest brand in the scooterette segment.[8] The TVS Jive launched in November 2009 became India's first clutch-free motorbike aimed at a stress-free rider experience[9] while the unisex scooter TVS Wego is targeted at urban couples, featuring body-balance technology for easier handling.[10] On 1 June 2012, TVS Motors reported a dip of 5% in its total sales for May 2012.[11]
TVS Motor won the Deming Application Prize in 2002, becoming the first and only Indian two-wheeler company to win the award given to companies that do outstanding work in the field of Quality Management. It is considered to be one of the world's most prestigious quality awards.
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Boeing
Type | Public |
---|---|
Traded as | NYSE: BA Dow Jones Component S&P 500 Component |
Industry | Aerospace, Defense |
Founded | Seattle, Washington, US (1916) |
Founder(s) | William E. Boeing |
Headquarters | Boeing International Headquarters Chicago, Illinois, United States |
Area served | Worldwide |
Key people | James McNerney (Chairman & CEO) |
Products | Commercial airliners Military aircraft Munitions Space systems Computer services |
Revenue | US$ 68.735 billion (2011)[1] |
Operating income | US$ 5.891 billion (2010)[1] |
Profit | US$ 4.018 billion (2011)[1] |
Total assets | US$ 79.986 billion (2011)[1] |
Total equity | US$ 3.608 billion (2011)[1] |
Employees | 164,495 (Apr. 28, 2011) |
Divisions | Boeing Commercial Airplanes Boeing Defense, Space & Security Others |
Subsidiaries | Aviall, Inc. CDG Jeppesen Boeing Aircraft Holding Company Boeing Australia Boeing Canada Boeing Defence UK Boeing Store Narus Spectrolab |
Website | Boeing.com |
The Boeing Company (pronounced /ˈboʊ.ɪŋ/ boh-ing) is an American multinational aerospace and defense corporation. Founded in 1916 byWilliam E. Boeing in Seattle, Washington, the company has expanded over the years, and merged with McDonnell Douglas in 1997. Boeing moved its corporate headquarters from Seattle to Chicago, Illinois, in 2001.[2] Boeing is made up of multiple business units, which are Boeing Commercial Airplanes (BCA); Boeing Defense, Space & Security (BDS); Engineering, Operations & Technology; Boeing Capital; and Boeing Shared Services Group.
Boeing is among the largest global aircraft manufacturers, and the third largest aerospace and defense contractor in the world based on defense-related revenue.[3] The company is the largest exporter by value in the US,[4] and its stock is a component of the Dow Jones Industrial Average.
In March 1910, William E. Boeing bought Heath's shipyard in Seattle on the Duwamish River, which later became his first airplane factory.[5] Boeing was incorporated in Seattle by William Boeing, on July 15, 1916, as "Pacific Aero Products Co.". Boeing, who studied at Yale University, worked initially in the timber industry, where he became wealthy and acquired knowledge about wooden structures. This knowledge would prove invaluable in his subsequent design and assembly of airplanes. The company stayed in Seattle to take advantage of the local supply of Spruce wood.[6]
William Boeing founded his company a few months after the June 15 maiden flight of one of the two "B&W" seaplanes built with the assistance ofGeorge Conrad Westervelt, a U.S. Navy engineer. Boeing and Westervelt decided to build the B&W seaplane after having flown in a Curtiss aircraft. Boeing bought a Glenn Martin "Flying Birdcage" seaplane (so called because of all the guy-wires holding it together) and was taught to fly by Glenn Martin himself. Boeing soon crashed the Birdcage and when Martin informed Boeing that replacement parts would not become available for months, Boeing realized he could build his own plane in that amount of time. He and his friend Cdr. G.C. Westervelt agreed to build a better airplane and soon produced the B&W Seaplane.[7] This first Boeing airplane was assembled in a lakeside hangar located on the northeast shore of Seattle's Lake Union. Many of Boeing's early planes were seaplanes.
On May 9, 1917, the company became the "Boeing Airplane Company"
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Qantas
| ||||
Founded | 16 November 1920 | |||
---|---|---|---|---|
Hubs | ||||
Secondary hubs | ||||
Focus cities | ||||
Frequent-flyer program | Qantas Frequent Flyer | |||
Airport lounge |
| |||
Alliance | Oneworld | |||
Subsidiaries |
| |||
Fleet size | 149[1] | |||
Destinations | 41 (20 domestic, 21 international) | |||
Company slogan | Spirit of Australians | |||
Headquarters | Botany Bay, Sydney, New South Wales, Australia[2] | |||
Key people |
| |||
Revenue | A$13.772 billion (2010)[3](Qantas Group) | |||
Operating income | A$253 million (2010)[3] | |||
Profit | A$249 million (2010) after tax[3] | |||
Total assets | A$19.91 billion (2010)[3] | |||
Total equity | A$5.981 billion (2010)[3] | |||
Website | www.qantas.com.au |
Qantas Airways Limited ( /ˈkwɒntəs/) (ASX: QAN) is the flag carrier of Australia. The name was originally "QANTAS", an acronym for "Queensland and Northern Territory Aerial Services". Nicknamed "The Flying Kangaroo", the airline is based in Sydney, New South Wales, with its main hub at Sydney Airport. It is Australia's largest airline, the oldest continuously operated airline in the world and tsecond oldest in the world overall.[4] Qantas headquarters are located in the Qantas Centre in the Mascot suburb of the City of Botany Bay.
Qantas still retains a 65% share of the Australian domestic market and carries 18.7% of all passengers travelling
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Lufthansa
| ||||
Founded | 1953 | |||
---|---|---|---|---|
Commenced operations | 1954 | |||
Hubs | ||||
Focus cities |
| |||
Frequent-flyer program | Miles & More | |||
Airport lounge | HON / Senator Lounge | |||
Alliance | Star Alliance | |||
Fleet size | 279 excl. subsidiaries 710 inc. subsidiaries excl. shares | |||
Destinations | 221 | |||
Company slogan | Nonstop you. Lufthansa | |||
Parent company | Lufthansa Group | |||
Headquarters | Cologne, Germany | |||
Key people |
| |||
Revenue | € 28.734 billion (2011) [1] | |||
Profit | € -13 million (2011) [1] | |||
Website | www.lufthansa.com |
Deutsche Lufthansa AG (FWB: LHA, OTCQX: DLAKY) (German pronunciation: [ˈdɔʏt͡ʃə ˈlʊfthanza]) is the flag carrier of Germany and the largestairline in Europe in terms of overall passengers carried and fleet size. The German government had a 35.68% stake in Lufthansa until 1997, but the company is now owned by private investors (88.52%), MGL Gesellschaft für Luftverkehrswerte (10.05%), Deutsche Postbank (1.03%), and Deutsche Bank (0.4%) and has 37,042 employees (as of March 2007). The name of the company is derived from Luft (the German word for "air"), and Hansa (after the Hanseatic League, a powerful medieval trading group).[citation needed]
The airline is the world's fourth-largest airline in terms of overall passengers carried, operating services to 18 domestic destinations and 203 international destinations in 78 countries across Africa, Americas, Asia and Europe. Together with its partners, Lufthansa services around 410 destinations.[2] With over 710 aircraft[3] it has the second-largest passenger airline fleet in the world when combined with its subsidiaries.
Lufthansa's registered office and corporate headquarters is in Deutz, Cologne, Germany, with its main operations base (Lufthansa Aviation Center (LAC) and primary traffic hub at Frankfurt Airport in Frankfurt am Main with a second hub at Munich Airport.[2][4][5][6] The majority of Lufthansa's pilots, ground staff, and flight attendants are based in Frankfurt.[7]
Lufthansa is a founding member of Star Alliance, the world's largest airline alliance, formed in 1997. The Lufthansa Group employs 117,000 people worldwide of 146 nationalities. In 2010, over 90 million passengers flew with Lufthansa (not including Germanwings and Brussels Airlines).
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Cathay Pacific
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Founded | September 24 1946 | |||
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Hubs | Hong Kong International Airport | |||
Focus cities | ||||
Frequent-flyer program |
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Airport lounge |
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Alliance | Oneworld | |||
Subsidiaries | ||||
Fleet size | 138 (+90 orders) | |||
Destinations | 112 incl. cargo | |||
Company slogan | People. They make an airline. | |||
Parent company | Swire Pacific | |||
Headquarters | Registered office: One Pacific Place, Hong Kong Head office: Hong Kong International Airport, Chek Lap Kok, Hong Kong | |||
Key people |
| |||
Revenue | HK$89,524 million (2010) | |||
Operating income | HK$9,465 million (2010) | |||
Net income | HK$14,048 million (2010) | |||
Website | cathaypacific.com cathaypacificcargo.com |
Cathay Pacific (SEHK: 0293) is the flag carrier of Hong Kong, with its head office and main hub located at Hong Kong International Airport, although the airline's registered office is on the 33rd floor of One Pacific Place. The airline's operations include scheduled passenger and cargo services to 114 destinations in 36 countries worldwide, including codeshares and joint ventures, with a fleet of wide-body aircraft, consisting of Airbus A330, Airbus A340, Boeing 747 and Boeing 777 equipment. The airline also operates fifth freedom flights from Bangkok and Taipei, its focus cities. Its wholly owned subsidiary, Dragonair, operates to 36 destinations in the Asia-Pacific region from its Hong Kong base. In 2010, Cathay Pacific and Dragonair carried nearly 27 million passengers and over 1.8 million tonnes of cargo and mail.
The airline was founded on September 24 1946 by American Roy C. Farrell and Australian Sydney H. de Kantzow, with each man putting up HK$1 to register the airline. The airline made the world's first non-stop transpolar flight flying over the North Pole in July 1998, and it also operated the maiden flight to arrive at the new Hong Kong International Airport. The airline celebrated its 60th anniversary in 2006; and as of October 2009, its major shareholders are Swire Pacific and Air China. It is reciprocally one of the major shareholders of Air China. Cathay Pacific currently holds the title of the world's third largest airline, measured in terms of market capitalisation, according to the International Air Transport Association.[1] In 2010, Cathay Pacific became the world's largest international cargo airline, along with main hub Hong Kong International Airport as the world's busiest airport in terms of cargo traffic.[2]
Cathay Pacific is a founding member of the Oneworld alliance, with its subsidiary, Dragonair, as an affiliate member.
Cathay Pacific ran a campaign with their employees as brand ambassadors and spokes persons which focused not only on boosting the employee morale, but also on making a better connect with its customers.Cathay pacific employs a culture neutral approach without denying its roots in the Asia Pacific region. http://goo.gl/zCG0I
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Singapore Airlines
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Founded | 1 May 1947 (as Malayan Airways) 1 October 1972 (as Singapore Airlines) | |||
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Hubs | Singapore Changi Airport | |||
Frequent-flyer program |
| |||
Airport lounge | SilverKris Lounge, KrisFlyer Gold Lounge, First Class Check-In Reception Lounge (Singapore Changi Airport only) | |||
Alliance | Star Alliance | |||
Subsidiaries | Scoot [1] SilkAir Singapore Airlines Cargo | |||
Fleet size | 100 excl.subsidiaries | |||
Destinations | 63[2] | |||
Company slogan | A Great Way To Fly | |||
Parent company | Temasek Holdings(55.00%)[3] | |||
Headquarters | Airline House 25 Airline Road Singapore 819829 Singapore | |||
Key people | Goh Choon Phong (CEO)[4] | |||
Revenue | S$14,524.8 million (FY2010-11) | |||
Operating income | S$1,271.3 million (FY2010-11) | |||
Net income | S$1,419.0 million (FY2010-11) | |||
Website | www.singaporeair.comSingapore Airlines Limited (SIA) (Malay: Syarikat Penerbangan Singapura; Chinese: 新加坡航空公司; pinyin: Xīnjiāpō Hángkōng Gōngsī, abbreviated 新航; Tamil: சிங்கப்பூர் வான்வழி) (SGX: C6L) is the flag carrier airline of Singapore. Singapore Airlines operates a hub at Changi Airport and has a strong presence in the Southeast Asia, East Asia, South Asia, and "Kangaroo Route" markets. The company also operates trans-Pacific flights, including the world's two longest non-stop commercial flights from Singapore to Newark and Los Angeles on the Airbus A340-500.[5][6] |
Singapore Airlines was the launch customer of Airbus A380, currently the world's largest passenger aircraft. SIA has diversified airline-related businesses, such as aircraft handling and engineering. Its wholly owned subsidiary, SilkAir, manages regional flights to secondary cities with smaller capacity requirements. Subsidiary Singapore Airlines Cargo operates SIA's dedicated freighter fleet, and manages the cargo-hold capacity in SIA's passenger aircraft. SIA has a 49% shareholding in Virgin Atlantic and engages the low-cost carrier sector through its stake in Tiger Airways. It ranks amongst the top 15 carriers worldwide in terms of revenue passenger kilometres,[7] and 10th in the world for international passengers carried.[8] On 15 December 2010, Singapore Airlines was announced by the International Air Transport Association as the second largest airline in the world by market capitalisation with a worth of 14 billion US dollars.[9]
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Airbus
Type | Subsidiary |
---|---|
Industry | Aerospace |
Founded | 1970 (as Airbus Industrie) 2001 (Airbus as SAS) |
Headquarters | Toulouse, France |
Key people | Fabrice Brégier (Chief Executive Officer) Guenter Butschek (Chief Operating Officer) |
Products | Commercial airliners (list) |
Revenue | €33.10 billion (FY 2011)[1] |
Net income | €1.597 billion (FY 2008) |
Employees | 63,000[2] |
Parent | EADS |
Subsidiaries | Airbus Military |
Website | www.airbus.com |
Airbus SAS (English pronunciation: /ˈɛərbʌs/, French: [ɛʁbys] ( listen), German: [ˈɛːɐbʊs], Spanish: [airˈβus]) is an aircraft manufacturing subsidiary of EADS, a European aerospace company. Based in Blagnac, France, a suburb of Toulouse,[3][4] and with significant activity across Europe, the company produces more than half of the world's jet airliners.
Airbus began as a consortium of aerospace manufacturers, Airbus Industrie. Consolidation of European defence and aerospace companies in 1999 and 2000 allowed the establishment of a simplified joint-stock company in 2001, owned by EADS (80%) and BAE Systems (20%). After a protracted sales process BAE sold its shareholding to EADS on 13 October 2006.[5]
Airbus employs around 63,000 people at sixteen sites in four European Union countries: France, Germany, the United Kingdom and Spain. Final assembly production is at Toulouse (France), Hamburg (Germany), Seville (Spain) and, since 2009, Tianjin (People's Republic of China).[6] Airbus has subsidiaries in the United States, Japan, China and India.
The company produced and markets the first commercially viable fly-by-wire airliner, the Airbus A320,[7][8] and the world's largest airliner, the A380.
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British Airways
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Founded | 31 March 1974 (after BOAC & BEAmerger) | |||
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Hubs | ||||
Frequent-flyer program |
| |||
Airport lounge |
| |||
Alliance | Oneworld | |||
Subsidiaries |
| |||
Fleet size | 236 excl.subsidiaries | |||
Destinations | 169 not incl. subsidiaries and code-shares | |||
Company slogan | To Fly. To Serve. | |||
Parent company | International Airlines Group | |||
Headquarters | Waterside,Harmondsworth, England | |||
Key people |
| |||
Revenue | €11.482 billion (2011)[3] | |||
Website | www.britishairways.com |
British Airways (BA) is the flag carrier airline of the United Kingdom, based in Waterside, near its main hub at London Heathrow Airport. British Airways is the largest airline in the UK based on fleet size, international flights and international destinations and second largest measured by passengers carried, behind easyJet. BA's UK passengers originating at non-London airports must connect via London after British Airways discontinued all direct overseas flights from UK airports outside London following the sale of BA Connect to British regional carrier Flybe in 2007.
The British Airways Board was established in 1971 to control the two nationalised airline corporations, BOAC and BEA, and two smaller, regional airlines, Cambrian Airways, from Cardiff, and Northeast Airlines, from Newcastle upon Tyne. On 31 March 1974, all four companies were merged to form British Airways. After almost 13 years as a state company, that was sold in February 1987 as part of a privatisation plan by the Conservative Government. The carrier soon expanded with the acquisition of British Caledonian in 1987 and Dan-Air, Gatwick-based carrier, in 1992.
A long-time Boeing customer, British Airways ordered 59 Airbus A320 family aircraft in August 1998. In 2007, it purchased 12 Airbus A380s and 24Boeing 787 Dreamliner, marking the start of its long-haul fleet replacement. The centrepiece of the airline's long-haul fleet is the Boeing 747-400; with 52 examples in service, British Airways is the largest operator of this type in the world.
British Airways is a founding member of the Oneworld airline alliance, along with American Airlines, Cathay Pacific, Qantas, and the now defunctCanadian Airlines. The alliance has since grown to become the third largest, after SkyTeam and Star Alliance. British Airways' parent company,International Airlines Group, is listed on the London Stock Exchange and in the FTSE 100 Index.
On 12 November 2009, British Airways confirmed that it had reached a preliminary agreement to merge with Iberia. On 14 July 2010, the European Commission approved the merger under competition law, also allowing American Airlines to co-operate with the merged entity on transatlantic routes to the United States. The merger was completed on 21 January 2011, formally creating the International Airlines Group, IAG, the world's third-largest airline in terms of annual revenue and the second largest airline group in Europe. In 2012, IAG purchased British Midland International (BMI) and announced plans to open a new subsidiary based at London City Airport operating Airbus A318s.
British Airways is a sponsor of London Olympic Games in 2012. On 18 May 2012 it flew the Olympic flame from Athens International Airport to RNAS Culdrose while carrying various dignitaries including Lord Sebastian Coe, Princess Anne, and David Beckham.
--------------------------------------------------------------------------Emirates (airline)
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Founded | 1985 | |||
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Commenced operations | 25 October 1985 | |||
Hubs | Dubai International Airport [A] | |||
Frequent-flyer program | Skywards | |||
Airport lounge | Emirates Lounge | |||
Subsidiaries | ||||
Fleet size | 177 (as of July 2012) [B] | |||
Destinations | 125 (as of July 2012) [B] | |||
Company slogan | Fly Emirates, Hello Tomorrow
Fly Emirates. Keep Discovering (old slogan)Fly Emirates. To over 100 destinationsFly Emirates, in six continents
| |||
Parent company | The Emirates Group | |||
Headquarters | Garhoud, Dubai, United Arab Emirates | |||
Key people |
| |||
Website | www.emirates.com |
This article is about about the airline. For the London cable car system, see Emirates Air Line (cable car).
Emirates (Arabic: طَيَران الإمارات DMG: Ṭayarān al-Imārāt) is an airline based at Dubai International Airport in Dubai, United Arab Emirates. It is the largest airline in the Middle East, operating over 2,500 flights per week,[1][2] from its hub at Terminal 3, to 122 cities in 72 countries across six continents.[3] The company also operates four of the world's ten longest non-stop commercial flights from Dubai to Los Angeles, San Francisco,Dallas, and Houston.[4][5][6] Emirates is a subsidiary of The Emirates Group, which has over 50,000 employees, and is wholly owned by thegovernment of Dubai directly under the Investment Corporation of Dubai.[7] Cargo activities are undertaken by the Emirates Group's Emirates SkyCargo division.[8]
During the mid-1980s, Gulf Air began to cut back its services to Dubai. As a result Emirates was conceived in March 1985 with backing fromDubai's royal family, whose Dubai Royal Air Wing provided two of the airline's first aircraft. It was required to operate independent of government subsidies, apart from $10 million in start-up capital. The airline became headed by Ahmed bin Saeed Al Maktoum, the airline's present chairman. In the years following its founding, the airline expanded both its fleet and its destinations.[9] In October 2008, Emirates moved all operations at Dubai International Airport to Terminal 3, a new terminal exclusively dedicated to Emirates to sustain its rapid expansion and growth plans.[10]
Emirates operates a mixed fleet of Airbus and Boeing wide-body aircraft and is one of only nine airlines to operate an all-wide-body aircraft fleet, whose centrepiece is the Boeing 777. Emirates also has orders for 90 Airbus A380s with 20 of them already in service and became the second operator of the Airbus A380-800 after Singapore Airlines when their first aircraft was delivered on 28 July 2008.[11] Emirates has won numerous awards and is an industry bellwether for aircraft purchases, purchasing over 130 aircraft in 2007 alone.[12]
The airline ranks amongst the top 10 carriers worldwide in terms of revenue and passenger kilometres, and has become the largest airline in the Middle East in terms of revenue, fleet size, and passengers carried as of 2007.[13] In 2010 the airline was the sixth-largest airline in the world in terms of international passengers carried,[14] and largest in the world in terms of scheduled international passenger-kilometres flown.[15] The airline was also the seventh largest in terms of scheduled freight tonne-kilometres flown.[16]
Emirates has built up a strong brand name as a leader in the aviation industry, particularly in terms of service excellence, and its very rapid growth, coupled with consistent profitability.[17][18]
In February 2011, Air Transport World gave Emirates Airlines the title of "Airline of the Year" for 2011. The award has been given based on recognition of its commitment to safety and operational excellence, customer service trendsetters, financial condition including a 22-year consecutive annual profit.[19] The airline also received the 1000th Boeing 777 airframe and 102nd purchase of the airliner with a Boeing 777-300ER
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| ||||
Founded | 1 April 1992 | |||
---|---|---|---|---|
Commenced operations | 5 May 1993 | |||
Hubs | Chhatrapati Shivaji International Airport(Mumbai) | |||
Secondary hubs | ||||
Focus cities |
| |||
Frequent-flyer program | JetPrivilege | |||
Airport lounge | Jet Lounge | |||
Subsidiaries | JetLite | |||
Fleet size | 101 (+49 Orders) | |||
Destinations | 76[1] | |||
Company slogan | The Joy of Flying | |||
Parent company | Tailwinds Limited | |||
Headquarters | Mumbai, India[2] | |||
Key people |
| |||
Revenue | 145,225.80 million (US$2,897.25 million)(2010-11)[3] | |||
Profit | -858.40 million (US$-17.13 million) | |||
Website | www.jetairways.com |
Jet Airways is the largest Indian airline based out of Mumbai, Maharashtra. It operates over 400 flights daily to 76 destinations worldwide. Its main hub is Mumbai, with secondary hubs at Delhi, Kolkata, Chennai, Cochin, Ahmedabad, and Bengaluru.[1] It has an international hub at Brussels Airport, Belgium. Jet Airways is owned by Naresh Goyal.Jet Airways was incorporated as an air taxi operator on 1 April 1992. It started commercial operations on 5 May 1993 with a fleet of four leased Boeing 737-300 aircraft. In January 1994 a change in the law enabled Jet Airways to apply for scheduled airline status, which was granted on 4 January 1995. It began international operations from Chennai to Colombo in March 2004. The company is listed on theBombay Stock Exchange, but 80% of its stock is controlled by Naresh Goyal (through his ownership of Jet’s parent company, Tailwinds). It has 13,177 employees (as at 31 March 2011).[4]
Naresh Goyal – who already owned Jetair (Private) Limited, which provided sales and marketing for foreign airlines in India – set up Jet Airways as a full-service scheduled airline to compete against state-owned Indian Airlines. Indian Airlines had enjoyed a monopoly in the domestic market between 1953, when all major Indian air transport providers were nationalised under the Air Corporations Act (1953), and January 1994, when the Air Corporations Act was repealed, following which Jet Airways received scheduled airline status.According to a PTI report, for the third quarter of 2010, Jet Airways (Jet+JetLite) had a market share of 26.9%[12] in terms of passengers carried, thus making it a market leader in India, followed by Kingfisher Airlines with 19.9% .
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