Pegasus Motor Company
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Public | |
Traded as | SSE: PMC |
Industry | Automotives |
Founded | June 16, 1985Harlem, Mwindo, Unified Sera | in
Founders | Jamal Abiola Olivia Sinclair |
Headquarters | 421 Serenity Boulevard, Harlem , |
Number of locations | 396 (2023) |
Area served | Worldwide |
Key people | Faraji K. Chase (Chairperson and CEO) Mustafa Sayf ad-Din (President) |
Products | Automobiles · Commercial Vehicles · Trucks · Jeeps |
Production output | 4.9 million (2022) |
Services | Vehicle Financing · Insurance · Maintenance · Repairs · Sales |
Revenue | 283.4bn (2022) |
6.23bn (2022) | |
Total assets | 385.6bn (2022) |
Total equity | 255.9bn |
Owner | Pegasus Holding LLC |
Number of employees | 186,000 (2022) |
Divisions | Hydra Hybrids Nike Motorsports Stampede Soar |
Website | www.flypegasus.us |
Pegasus Motor Company is a Seran multinational automobile manufacturing, automotive servicing, financing, and distribution company headquartered in Harlem, MO, Unified Sera. The Pegasus Motor Company was founded by Jamal Abiola and Olivia Sinclair with a vision to redefine the boundaries of automotive engineering and craftsmanship. Inspired by the mythical winged horse that symbolizes freedom and power from the mythos of the Julian Empire, Pegasus strives to create vehicles that embody these qualities while embracing a sustainable and eco-friendly future.
From its humble beginnings as a small startup with a single location that primarily focused on modification of existing vehicles or hand making their own, Pegasus Motor Company quickly gained recognition for its unwavering commitment to innovation, design excellence, and cutting-edge technology. The company's philosophy centers around the belief that driving should be an exhilarating experience that seamlessly integrates with a sustainable lifestyle. Pegasus Motor Company has become synonymous with the development and production of electric, gas, and hybrid vehicles that redefine industry standards. By harnessing advanced technologies and employing a team of visionary engineers, Pegasus aims to create vehicles that not only deliver exceptional performance but also leave a minimal carbon footprint.
Pegasus saw little success during the first 6 years of operation. By year 7, rumors in the company ran rampant about potential bankruptcy and mass layoffs. These rumors were exacerbated by the explosive success of Pride Automotive thanks in large part to the backing of the mega-corporation Cetanu-Yutani Corporation that ensured ample capital and resources that Pegasus simply did not have. Jamal Abiola and Olivia Sinclair decided that it would be all or nothing to save the company. In 1993, the duo hedged their bets on a new vehicle known as Pegasus Flight, a sedan model vehicle with a proprietary engine design that offered better gas mileage than the vehicles on the market and cutting-edge technology, and premium quality cockpit ergonomics.
Shortly after announcing the new vehicle, the company announced that it would be going public and began accepting pre-orders for the car. The reception of the vehicle was massive and greatly outperformed even the most liberal predictions for the Pegasus Flight's release. Critics and safety experts alike extolled the vehicle as a refreshing (and safe) change of pace from the stagnating market.
Pegasus has capitalized on this premium quality and cutting-edge mentality and shaped its business into the most successful car brand in the country.
History
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