Jardine Cycle and Carriage Limited (SGX: C07, OTC Pink: JCYGY) was renamed from Cycle and Carriage following the integration into the Jardine Matheson Group in 2004. The name change recognises Cycle & Carriage's distinguished 104-year operating history and firmly establishes Jardine Cycle & Carriage as part of the Jardine Matheson Group. The company is a conglomerate that is involved in auto distribution and retail accounts for 13% of auto sales in Singapore. Its marques include Kia, Mercedes-Benz, Mitsubishi and Citroen. Significantly the group includes a large holding in Astra International of Indonesia, an important auto-related conglomerate.