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Yanmar was founded in March 1912 in Osaka, Japan, [2] by Magokichi Yamaoka. [3] [4] When the company began in 1912, it manufactured gasoline-powered engines. [5] In 1920 the company began production of a small kerosene engine. [6] In 1933, it launched the world's first practical small diesel engine, the HB model. [5] [7] [8]
Consolidation of the automobile industry is an ongoing occurrence. Behind each automobile brand lies larger parent corporations.Auto mobile corporations, external corporations and private shareholders commonly own varying amounts of multiple auto mobile corporations, thus resulting analysis of relationships between auto mobile corporations becomes increasingly complicated.
In January 2009, Weichai's acquisitions started with Société Internationale des Moteurs Baudouin, [5] a French company who designs and manufactures marine engines.Then, in July 2012, Weichai Group signed a strategic cooperation agreement with Ferretti Group, the luxury yachts Italian Group, in order to acquire 75% of its stake.
However, the enormous costs of developing the new cars and engines meant American Motors now had problems in securing working capital to keep the company going. American Motors sales dropped 20% in the first half of 1966, and the firm reported a fiscal six-month loss of $4.2 million on sales of $479 million.
Cummins Inc. is an American multinational corporation that designs, manufactures, and distributes engines, filtration, and power generation products. [2] Cummins also services engines and related equipment, including fuel systems, controls, air handling, filtration, emission control, electrical power generation systems, and trucks.
The term originated in the United States, where General Motors was the first to form a large, multi-brand, motor-vehicle corporation (in the 1910s), followed by the Ford Motor Company, and the Chrysler Corporation, all before World War II. The term Big Three has since been sometimes used to refer to the following automakers:
Initially, following its acquisition of the company in 1981, MTD retained many of the same models from the International Harvester-produced models. One change MTD made was replacing the International Harvester cast-iron rear end with an aluminum rear end. The Cub Cadet Yanmar venture was for the production of four-wheel drive diesel compact ...
International Motors, LLC (formerly Navistar International Corporation) is an American holding company created in 1986. The successor to the International Harvester manufacturing company, International produces trucks and diesel engines under its own brand; [3] the company produces buses under the IC Bus name.