Jormundkaar

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Jormundkaar
State Enterprise Partially-publically-owned worker cooperative
Traded asVSE: JAG
IndustryAutomotive
PredecessorSvaartaron Auto Company
Founded1960
Headquarters,
Area served
Worldwide
ProductsMotor Vehicles
ServicesAutomotive repair, Financing
DivisionsJormundkaar, Sleipnyr, Polaris

Jormundkaar is a North Ottonian automobile manufacturer. Initially founded as a state-run industry for the United Jormundsea Republic within the Federation of Ottonian Republics, in 1978 the company was privatized as a worker's cooperative.

History

Marques

Jormundkaar produces and markets vehicles under three marques.

Jormundkaar

Economy marque

Sleipnyr

Founded as the racing division of Jormundkaar in 1967, Sleipnyr began its history as a public consumer brand in 1972, marketing a private driver version of its highly decorated rally vehicle the Sleipnyr RX1, which was in turn based off the successful 1954 Monta Billy, which had done well as a production vehicle used in rallying. In the modern era, there are only a few models offered under the Sleipnyr marque in a few segments, all built for performance.

Polaris

Offroad/sporting marque