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The Bering Truck Corporation was an American manufacturer and distributor of trucks, headquartered in Front Royal, Virginia and Panama City, Panama. It distributed Hyundai-made trucks with American automotive components. [1]
Established and founded in 1997 in Front Royal, Virginia, [2] Bering Truck was the first new American truck manufacturer and distributor established in over 70 years. In partnership with Hyundai Motor Company of Korea, three classes of trucks were launched into the US market. The first trucks were sold in 1999 and in one year, Bering was the fastest growing US truck company having sold more than 1,400 trucks.
Bering was forced to cease operations in 2001 after its sole supplier entered into a relationship with Daimler-Chrysler and terminated the Bering agreements. [3] Litigation ensued; in an international arbitration between Bering and Hyundai, the arbitration panel found (in 2004) that Hyundai had breached its agreements with Bering in bad faith. A federal antitrust case filed by Bering against Hyundai and Daimler-Chrysler was settled out of court in 2006. [4]
Today, after a lawsuit against Hyundai and Daimler-Chrysler in 2006, Bering Truck moved its business to Panama from the United States, changed its business from truck manufacturer and distributor to an importer of South Korean used vehicles in Panama and renamed as Bering Motors SA in Panama. [5]
The Hyundai Motor Company, often referred to as Hyundai Motors, and commonly known as Hyundai, is a South Korean multinational automotive manufacturer headquartered in Seoul, South Korea, which was founded in 1967. Currently, the company owns 33.88 percent of Kia Corporation, and fully owns two marques including its luxury cars subsidiary, Genesis, and their electric vehicle brand Ioniq. The three brands altogether make up the Hyundai Motor Group.
Dodge is an American brand of automobiles and a division of Stellantis North America, based in Auburn Hills, Michigan. Dodge vehicles have historically included performance cars, and for much of its existence Dodge was Chrysler's mid-priced brand above Plymouth.
The Mercedes-Benz Group AG is a German multinational automotive corporation headquartered in Stuttgart, Baden-Württemberg, Germany. It is one of the world's leading car manufacturers. Daimler-Benz was formed with the merger of Benz & Cie., the world's oldest car company, and Daimler Motoren Gesellschaft in 1926. The company was renamed DaimlerChrysler upon the acquisition of American automobile manufacturer Chrysler Corporation in 1998, and was again renamed Daimler AG upon divestment of Chrysler in 2007. In 2021, Daimler AG was the second-largest German automaker and the sixth-largest worldwide by production. In February 2022, Daimler was renamed Mercedes-Benz Group as part of a transaction that spun-off its commercial vehicle segment as an independent company, Daimler Truck.
Mitsubishi Motors Corporation is a Japanese multinational automobile manufacturer headquartered in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was the sixth-largest Japanese automaker and the 19th-largest worldwide by production. Since October 2016, Mitsubishi has been one-third (34%) owned by Nissan, and included in the Renault–Nissan–Mitsubishi Alliance.
The Mitsubishi Fuso Truck and Bus Corporation is a Japanese manufacturer of trucks and buses. It is headquartered in Kawasaki, Kanagawa and owned by Germany-based Daimler Truck.
The Daimler Company Limited, before 1910 known as the Daimler Motor Company Limited, was an independent British motor vehicle manufacturer founded in London by H. J. Lawson in 1896, which set up its manufacturing base in Coventry. The company bought the right to the use of the Daimler name simultaneously from Gottlieb Daimler and Daimler-Motoren-Gesellschaft of Cannstatt, Germany. After early financial difficulty and a reorganisation of the company in 1904, the Daimler Motor Company was purchased by Birmingham Small Arms Company (BSA) in 1910, which also made cars under its own name before the Second World War. In 1933, BSA bought the Lanchester Motor Company and made it a subsidiary of the Daimler Company.
Freightliner Trucks is a US semi truck manufacturer. Founded in 1929 as the truck-manufacturing division of Consolidated Freightways, the company was established in 1942 as Freightliner Corporation. Owned by Daimler AG from 1981 to 2021, Freightliner is now a part of Daimler Truck subsidiary Daimler Truck North America.
Tata Motors Limited is an Indian multinational automotive company, headquartered in Mumbai and part of the Tata Group. The company produces cars, trucks, vans, and busses.
Detroit Diesel Corporation(DDC) is an American diesel engine manufacturer headquartered in Detroit, Michigan. It is a subsidiary of Daimler Truck North America, which is itself a wholly owned subsidiary of the multinational Daimler Truck AG. The company manufactures heavy-duty engines and chassis components for the on-highway and vocational commercial truck markets. Detroit Diesel has built more than 5 million engines since 1938, more than 1 million of which are still in operation worldwide. Detroit Diesel's product line includes engines, axles, transmissions, and a Virtual Technician service.
Hino Motors, Ltd., commonly known as Hino, is a Japanese manufacturer of commercial vehicles and diesel engines headquartered in Hino, Tokyo. The company was established in 1942 as a corporate spin-off from previous manufacturers.
Fiat Chrysler Australia, officially FCA Australia, is the official Stellantis subsidiary in that country, operating as distributor of Chrysler, Jeep, Dodge, Abarth, Alfa Romeo and Fiat vehicles. However, there had previously been a "Chrysler Australia Ltd" which had operated as a vehicle manufacturer in Australia from 1951 until 1980, and was subsequently taken over by Mitsubishi Motors Australia.
The DaimlerChrysler–Mitsubishi alliance refers to the 69-month period during which U.S.-German automaker DaimlerChrysler AG (DCX) held a controlling stake in Mitsubishi Motors Corporation (MMC). First established on March 27, 2000, with the signing of a letter of intent, it was initiated by Jürgen E. Schrempp, the chairman of DCX, who was attempting to build what he called a "Welt AG" which would have as widespread a presence across worldwide automotive markets as its rivals. The merger with the Chrysler Corporation had increased Daimler-Benz's share of the North American market, and Mitsubishi Motors offered a gateway to Asia.
In the United States, the automotive industry began in the 1890s and, as a result of the size of the domestic market and the use of mass production, rapidly evolved into the largest in the world. The United States was the first country in the world to have a mass market for vehicle production and sales and is a pioneer of the automotive industry and mass market production process. During the 20th century, global competitors emerged, especially in the second half of the century primarily across European and Asian markets, such as Germany, France, Italy, Japan and South Korea. The U.S. is currently second among the largest manufacturers in the world by volume.
Daimler Truck North America LLC is an automotive industry manufacturer of commercial vehicles headquartered in Portland, Oregon, and LLC of the German multinational Daimler Truck AG.
Western Star Trucks Sales, Inc. is an American truck manufacturer headquartered in Portland, Oregon, and a subsidiary of Daimler Truck North America, which is an independent subsidiary of the multinational Daimler Truck. Western Star trucks are commonly sold at Freightliner dealerships.
Mitsubishi Fuso Truck of America, Inc. (MFTA) is a wholly owned subsidiary of Mitsubishi Fuso Truck and Bus Corporation (MFTBC), Kawasaki, Japan, itself a part of Daimler Truck based in Logan Township, New Jersey, United States. MFTA imported and marketed Class 3 through Class 5 medium-duty cabover trucks through more than 200 dealer locations in the United States and Canada, until 2021. As of 2019, MFTA imported and marketed diesel-powered, gas-powered, and electric trucks. According to the company, more than 100,000 Mitsubishi Fuso standard, 4-wheel-drive and crew cab trucks had been sold in the Canadian and U.S. markets since the company's founding. Applications included beverage, catering, refrigerated and dry cargo delivery, vehicle recovery, towing, pest control, plumbing, light construction and landscaping, overlanding, among others.
Magna Powertrain is a major American manufacturer of transmission and drivetrain systems owned by Magna International. It was formed from multiple subsidiaries and acquisitions. In addition to producing transmission systems and drivetrain systems, they also provide metal-forming and engineering services.
Del Monte Motor Works, Inc. (DMMW), also known as Del Monte Motors, is a bus and truck manufacturer headquartered in Quezon City, Philippines. It was established in 1950. The company offers a range of truck and bus bodies for its all major brands. It is also one of the leading bus body manufacturers in the Philippines, other including Santarosa Motor Works; Almazora Motors Corporation; and Hino Motors Philippines.
The automotive industry in South Korea is the fifth-largest in the world as measured by automobile unit production and also the sixth-largest by automobile export volume.
The automotive industry in the Philippines is one of the largest in the Asia-Pacific region, with approximately 441.4 thousand vehicles sold in 2023. Most of the vehicles sold and built in the Philippines are from foreign brands. For the most part, the Philippines is dominated by Japanese automobile manufacturers like most of its ASEAN neighbors. The automobile production in the country is covered under the Philippine Motor Vehicle Development Program implemented by the Board of Investments. In addition, there are also a small number of independent firms who assemble and fabricate jeepneys and other similar vehicles, using surplus engines and drivetrain parts mostly from Japan.
