Samsung Commercial Vehicles

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Samsung Commercial Vehicles Co. (SCV for short, in some sources also Samsung Commercial Vehicle Co. ) was a South Korean commercial vehicle manufacturer and a subsidiary of Samsung .

history

In 1990, Samsung had signed a technical licensing agreement with Nissan Diesel . The production of commercial vehicles - primarily heavy trucks - began in 1993. Another source mentions the year 1994.

The commercial vehicles division was spun off from Samsung Heavy Industries in 1996 to form Samsung Vehicles Commercial Co. At the same time, a new plant was opened in Daegu , which, in addition to the 3800 trucks already produced, should have an annual capacity of 200,000 small trucks by 1999. Together with the other Samsung subsidiary in the automotive sector - Samsung Motors - SCV formed the Samsung Automotive Subgroup from 1997 .

In September 2000, SCV received a cash grant of $ 279 million. In October production had to be suspended due to delays in imported engines. In November 2000, SCV filed for bankruptcy. It was not possible to find an outside buyer. Volvo showed no interest and talks with Renault also ended unsuccessfully.

In 1996 SCV had 1,400 employees.

Models

Samsung names 20 different models for 1996.

The Samsung SV110 was a replica of the Nissan Cabstar , the Samsung SV510 and the Samsung SV530 corresponded to the Nissan Diesel Big Thumb .

Individual evidence

  1. ↑ a b c d e f Annual Report 1996. The Spirit of Competition. In: samsung.com. Retrieved August 11, 2018 .
  2. ↑ a b c d Leslie R. Rudnick, Ronald L. Shubkin: Synthetic Lubricants And High-Performance Functional Fluids , Boca Raton 1999.
  3. ↑ Woonghee Lee, Nam S. Lee, Understanding Samsung's Diversification Strategy: The Case of Samsung Motors Inc. , in: Long Range Planning 40 (2007), 4-5, pp 488-504, doi: 10.1016 / j.lrp. 2007.06.011 .
  4. ↑ a b BDA: Korea. In: Asian Automotive Newsletter. December 22, 2000, accessed August 13, 2018 .
  5. ↑ Kim Jong-ho: Samsung Truck Division Suspends Production Until March 2001. In: english.chosun.com. October 20, 2000, accessed August 13, 2018 .
  6. ↑ Hong Gweon-sam: Truck Firm Files For Bankruptcy. In: koreajoongangdaily.joins.com. November 24, 2000, accessed August 13, 2018 .
  7. ↑ 52 South Korea Firms Marked for Closure, in: New York Times of November 4, 2000 ( Memento of October 9, 2017 in the Internet Archive ) (English)
  8. ↑ Lee Yong-taek: Samsung Commercial Vehicle Corporation Remains Unsold. In: koreajoongangdaily.joins.com. April 27, 2000, accessed August 13, 2018 .