Samsung Commercial Vehicles

Samsung Commercial Vehicles Co., Ltd.
Native name
삼성상용차 주식회사
Company typeSubsidiary
IndustryHeavy equipment
PredecessorSamsung Heavy Industries vehicle production division
Founded22 August 1996[1]
FounderLee Kun-hee[2]
Defunct28 December 2001
Headquarters
Daegu
,
South Korea
Number of employees
1,400 (1996)[3]
ParentSamsung
Samsung Commercial Vehicles
Hangul
삼성상용차
Hanja
三星商用車
Revised RomanizationSamseong Sangyongcha
McCune–ReischauerSamsŏng Sangyongch'a
The Samsung SV110, a slightly modified Nissan Atlas F23

Samsung Commercial Vehicles (Korean: 삼성상용차,[4] IPA: [samsʌŋ saŋjoŋtɕʰa]) was a South Korean trucks, bus and construction equipment manufacturer established by the Samsung Group in 1996 and closed in 2000 as a result of the 1997 Asian financial crisis.[5][6][7] The company was formed through a corporate spin-off from Samsung Heavy Industries.

  1. ^ "삼성상용차 24일 파산 신청" [Samsung Commercial Vehicles for bankruptcy on the 24th]. article.joins.com (in Korean). JoongAng Ilbo. 23 February 2002. Archived from the original on 24 August 2013. Retrieved 24 August 2013.
  2. ^ "52 South Korea Firms Marked for Closure". The New York Times. 4 November 2000. Archived from the original on 9 October 2017. Retrieved 7 October 2017.
  3. ^ "Annual Report 1996" (PDF). Samsung. p. 59. Archived (PDF) from the original on 3 April 2015.
  4. ^ "삼성상용차 부지 경매절차 시작" [Starts the process to auction the Samsung Commercial Vehicles' lot]. yeongnam.com (in Korean). The Yeongnam Ilbo. 16 October 2002. Archived from the original on 13 April 2014. Retrieved 20 March 2013.
  5. ^ "History". Samsung. Archived from the original on 2 July 2012. Retrieved 19 March 2013.
  6. ^ Guillen, Mauro F. (2003). "Developing Industry: Automobile and component manufacturing". The Limits of Convergence: Globalization and Organizational Change in Argentina, South Korea, and Spain. Princeton University Press. pp. 166–167. ISBN 978-0-691-11633-4.
  7. ^ "Samsung Commercial Vehicle Applies for Bankruptcy". english.chosun.com. The Chosun Ilbo. 24 November 2000. Retrieved 19 March 2013.