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In 2004, Hyundai America Technical Center completed construction of its Hyundai/Kia proving ground in California City, California. The 4,300-acre (17 km 2 ) facility is located in the Mojave Desert and features a 6.4-mile (10.3 km) oval track, [ 9 ] a Vehicle Dynamics Area, a vehicle-handling course inside the oval track, a paved hill road, and ...
Hyundai Group (Korean: 현대그룹; Korean pronunciation: [ˈhjəːndɛ] [1]) is a South Korean conglomerate founded by Chung Ju-yung. The group was founded in 1947 as a construction company . With government assistance, Chung and his family members rapidly expanded into various industries, eventually becoming South Korea's second chaebol .
In December 1993, Hyundai Capital Services [2] was founded under the name Hyundai Auto Finance overlooking automotive and housing finances. In 1999, the company changed its name to Hyundai Capital Services. Hyundai Capital Services started its auto leasing business in 2001 with its inaugural product, "Just Drive."
The company was founded in a garage, and within two years, ... they built FICO's first credit-scoring system. More than 60 years and 200 patents later, 95% of the nation's largest financial ...
The First Banc Group, Inc. was formed in 1968 as a holding company for City National Bank and was used as a vehicle to acquire other banks. As Ohio began to gradually relax its very restrictive Great Depression era banking laws that had severely restricted bank branching and ownership, City National Bank, through its First Banc Group parent, started to purchase banks outside of its home county.
National City Bank was founded on May 17, 1845, when a group of Cleveland, Ohio businessmen pooled $50,000 to organize the City Bank of Cleveland, the first bank opened under the Ohio Bank Act of 1845 in a small town with no gas, electricity, public waterworks, or railroad. [8]
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In 1965, it acquired Meadow Brook Bank for $106.7 million in stock. [1] In 1969, CIT entered the personal and home equity loan and leasing business and left auto financing. In 1979, restrictive banking rules forced CIT to sell its bank, National Bank of North America. CIT was acquired by RCA Corporation in 1980. RCA promptly sold CIT's four ...