| Established in 1899, Cycle & Carriage began its life in Kuala Lumpur as Federal Stores, a trader in nutmegs and other sundries, and it became Cycle & Carriage within the same year, selling everything from soap to writing paper and simple machine parts. We soon began to sell bicycles, motorcycles and cars. The headquarters was moved to Singapore in 1926.
The history of Cycle & Carriage is inextricably linked to the evolution of the motor car and the emergence of Singapore and Malaysia as independent modern states. Our story reveals fluctuating fortunes as the transportation industry was subject to economic cycles, two world wars and changing government policies.
Cycle & Carriage Bintang has an illustrious history in the region that spans more than a century, and throughout these years, we have become one of the region’s largest automotive retailer. |
The Chua brothers opened the Federal Stores in Kuala Lumpur. Cycle & Carriage was formed on 15th June.
1906
A branch was opened in Brewster Road, Ipoh
1914
Another landmark branch in Bishop Street, Penang was opened.
1916
Business expanded to Orchard Road, Singapore.
1926
Cycle & Carriage Company Limited was incorporated as a public company. The branch Singapore became the headquarters.
1930
During the Great Depression, Cycle & Carriage’s operations focused solely at Singapore
1951
Cycle & Carriage re-opened its Malaysian operations and was awarded the Mercedes-Benz franchise.
1965
The assembly plant in Singapore produced its first Mercedes-Benz.
1968
Cycle & Carriage Limited was formed and listed on the Singapore Stock Exchange
1977
Cycle & Carriage Bintang was listed on the Kuala Lumpur Stock Exchange.
1992
CCL Group Properties was formed to hold the Group Property interests in Singapore and Malaysia. New corporate identity with the ‘Wheels of Progress’ logo was launched.
1994
Jardine Motors acquired 12% stake of Cycle & Carriage Bintang. Cycle & Carriage Bintang in turn acquired 30% stake of Cycle & Carriage Malaysia from Cycle & Carriage Limited.
1996
Cycle & Carriage motor operations achieved the ISO 9002 certification
1998
The stake in CCL Group Properties rose to 40%.
2002
Jardine Matheson Group obtained a controlling shareholding in Cycle & Carriage Limited (subsequently renamed Jardine Cycle & Carriage Ltd).
2003
Cycle & Carriage Bintang ceased to be the exclusive Mercedes-Benz distributor, and acquired 49% of DaimlerChrysler Malaysia (the new distributor for Mercedes-Benz in Malaysia). Cycle & Carriage Bintang became the main dealer of Mercedes-Benz.
2004
Remaining 70% stake in Cycle & Carriage Malaysia was acquired. Jardine Cycle & Carriage acquired Jardine Motors stake in Cycle & Carriage Bintang, increases its shareholding to 59%. The first 3S Mercedes-Benz Autohaus is opened at Ipoh. Ipoh Motors lead the operation.
2005
The award-winning, largest 3S Mercedes-Benz Autohaus started its operations in busy Federal Highway, Petaling Jaya.
2006
Cycle & Carriage Bintang created history with launching of two 3S Autohaus in a year : Mutiara Damansara and Johor Bahru. |
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