Oltcit S.A. was an automobile manufacturer, established as a joint venture between the Romanian government (64%) and Citroën (36%). Their main product was the Oltcit Club / Citroën Axel hatchback, assembled in Craiova, Romania.
|
Former type |
Joint venture |
|---|---|
| Industry | Automotive |
| Successor | Automobile Craiova |
| Founded | 1976 |
| Defunct | 1991 |
| Headquarters | Craiova, Romania |
| Products | Automobiles |
History
In 1991, as a result of the withdrawal of Citroën from the joint venture, the name of the company was changed toAutomobile Craiova and production continued under the Oltena brand.
In 1994, the company decided to go into partnership (49%-51%) with Korean company Daewoo Heavy Industries andRodae Automobile was established, later renamed into Daewoo Automobile Romania.
Name
The name "Oltcit" comes from the region of Oltenia in Romania, with "cit" being an abbreviation of Citroën. The Oltcit logo is also similar to the Citroën one, but features only one chevron, as opposed to the two found on Citroën's logo, plus the letter "O".
Models
- Oltcit Special (1981–1985)
- Oltcit Club (1981–1995)
- Citroën Axel (1984–1990)
- Oltcit Club 12 CS (Pick-up version) (1993–1995)
