Prince Motors
Prince Motors Co. Ltd. ( Chinese 太子 汽車工業 股份有限公司 ) was an automobile manufacturer in Taipei , Taiwan .
history
The company was founded in 1965.
Prince Motors assembled Suzuki models and sold Suzuki and Isuzu vehicles. Tucheng is given as the location of the production facility , while Formosa took over the former production facility in Tatu in 2005 .
Prince Motors has manufactured the three-door Suzuki Escudo since 1990, to which the Grand Vitara and Landy were added in 2000 . Other models from 2001 onwards were the Solio , the Every . The Cultus was only produced in Taiwan from 2000 to 2002 .
From 2007 to 2009, the press reported financial irregularities and problems. At the same time, production fell from around 15,000 units in 2006 to around 3800 vehicles in the first ten months of 2008.
In 2009, Prince Motors agreed to assemble Chery through its subsidiary Shenrong Auto.
Prince Motors was dissolved in early 2012. With this, Suzuki ended its 22-year business relationship with Prince Motors and withdrew its 20% stake in Taiwan Suzuki.
Web links
Individual evidence
- ^ A b Company Overview of Prince Motors Co. , on Bloomberg.com.
- ^ A b Prince Motors receives loan reprieve , in: Taipei Times, September 13, 2007.
- ↑ a b c Taiwan's Market recovers to 500,000: GM / DCX / VW enhances their business through new partnerships , in: Marklines 403 of September 7, 2005 (PDF).
- ↑ a b c Waclaw Pózar / Eligiusz Mazur (ed.), World of Cars 2005/2006, online ( memento of the original from October 5, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. (PDF, 21 MB).
- ↑ a b Mainland-made cars set for local debut in: Taiwan Today of September 29, 2009.
- ↑ Hungfu Hsueh: Prosecutors question owner of Prince Motors , in: Taiwan News of March 26, 2008.
- ↑ Chery's chairman Yin visits Taiwan , in: China Economic News of October 21, 2009.
- ↑ Chery works with Taiwan on A3 , reported June 30, 2009.
- ↑ Quincy Liang: Prince Motors Ceases Operation, Terminate Ties with Chery ( Memento of the original from November 18, 2016 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. , in: CENS of January 9, 2012.
- ^ Partnership ends between Suzuki Japan and Prince Motors of Taiwan , China Economic News report from January 4, 2012.
