Jormundkaar
State Enterprise Partially-publically-owned worker cooperative | |
Traded as | VSE: JAG |
Industry | Automotive |
Predecessor | Svaartaron Auto Company |
Founded | 1960 |
Headquarters | , |
Area served | Worldwide |
Products | Motor Vehicles |
Services | Automotive repair, Financing |
Divisions | Jormundkaar, 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