Cycle & Carriage
Cycle and Carriage was a company, founded in 1899, and based in Singapore and Malaysia. Cycle and Carriage was one of the premier automotive groups in Singapore and has been engaged in the retail, distribution and provision of after-sales service of Mercedes-Benz, Mitsubishi, Chrysler, Jaguar, Kia, and Citroën motor vehicles. In 2002, it was integrated into the Jardine Matheson Group and is now named Jardine Cycle & Carriage.[1]
Type | Subsidiary of Jardine Matheson Group |
---|---|
Industry | Automotive |
Founded | 1899 |
Defunct | 2002 |
Fate | Integrated into Jardine Matheson |
Headquarters | |
Area served | Asia |
Products | Sells: Mercedes-Benz, Mitsubishi, Kia Motors and Citroën |
Services | Retail, distribution and provision of after-sales services |
Parent | Jardine Matheson Group |
Website | www |
Footnotes / references [1] |
History
Cycle and Carriage (C&C) was founded by the Chua brothers in 1899 in Kuala Lumpur as Federal Stores. The company distributed many products; in 1951, for instance, they held the franchises for Mercedes-Benz, Plymouth, Fargo, Jowett, Tilling-Stevens, Vulcan, Singer, and Renault.[2] By 1964, they latter seven had been dropped or discontinued, but Auto Union, DKW, Chrysler, Valiant, Imperial, Willys, Jaguar, BSA, Trojan, and Simca vehicles had been added.[3] When the Malayan Federation started promoting local assembly of cars in 1963, C&C was one of the early takers. At the time, they held the franchises for Mercedes-Benz, Chrysler, and Jaguar, and they began assembling Mercedes-Benz cars in 1965 (in Singapore) and Mitsubishis in 1968 (in Tampoi, Johor, Malaysia).[3] C&C were listed on the Stock Exchange of Malaysia and Singapore in 1969,[4] and then on the Kuala Lumpur Stock Exchange in 1977. The company was part of the Straits Times Index, before being delisted upon merger. After the merger, it is now listed under the name of Jardine Cycle & Carriage.
References
- "Corporate Profile". Jardine Cycle & Carriage. Archived from the original on 2013-01-26.
- Jennings, Eric (1975), Wheels of Progress – 75 Years of Cycle & Carriage, Singapore: Meridian Communications, p. 39
- Solomon, Eli (April 2006). "The Motor Millions – Towards Our Own Car: Six Years to Assembling Cars in the Peninsula 1963–1968". BiblioAsia. National Library Board, Singapore.
- Jennings 1975, p. 43.