The History of Car Seat: Everything about Seat Brand
SEAT, S.A. is a Spanish automobile manufacturer. It’s headquartered in Martorell, Spain. On May 9, 1950, it was based by the Instituto Nacional de Industria (INI), a state-owned industrial company. The name SEAT antecedent stood for the signifier Sociedad Española de Automóviles de Turismo (Spanish machine Company, in English).
0n its sixty years, there was solely a brief amount from 1953 to 1965 once the firm created its cars completely for the domestic Spanish market. In 1965 and during a rather symbolic move, the corporate exported some 150 units of its SEAT 600 model destined for Colombia by air freight for the primary time, till 2 years later in 1967 SEAT reached a deal over the renegotiation of its license contract with Fiat that allowed the Spanish firm to create a world distribution network for its cars and thenceforth begin its export operations massively to quite twelve completely different countries, getting into the export market in 1969.
To be able to turn out severally its own analysis comes, SEAT on November 16, 1970 came in accordance with Fiat therefore on begin building separate infrastructures aiming at developing new technologies. In the early Nineteen Eighties, intensive discussions regarding funding and management transpire between SEAT’s major stockholder, the Spanish government, and Fiat; SEAT required major capital investment that Fiat wasn’t ready to contribute. The end result, in 1982, was an finish to the link with Fiat when nearly thirty years.
4 years later Volkswagen goes to travel the entire manner and obtain the complete of Seat, owning 99, 99% of its shares. The primary Seat model after the acquisition was the Toledo, undraped in 1991. The new Ibiza and therefore the Cordoba are developed in 1993. In 1995 sees the tenth million Seat being created. The event is widely known by having the automobile roll out of the mechanical system driven by the Prince of Asturias. A brand new face for Seat is being concocted, as new models are being introduced: the Alhambra in 1996, the new Toledo in 1998 and therefore the rally-ready Ibiza WRC and Cordoba WRC with that Seat attains many titles.
It is presently a completely owned subsidiary of the German Volkswagen cluster as a member of the now-defunct Audi Brand cluster, in conjunction with Audi and Lamborghini, and marketed as a automobile maker with a youthful sporty profile. At intervals the Volkswagen cluster and below the Audi Brand cluster, the SEAT Brand itself has been developed as a bunch with subsidiary firms (SEAT Group) and ‘SEAT, S.A.’ as the parent company.
SEAT Website: http://www.seat.com/