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Founded on 9 May 1950, Seat is celebrating 70 years of democratising mobility in their home country, Spain, and beyond.

10 May 2020 | International News : Spain

It's been 70 years since Seat was founded on 9 May 1950, the company that helped democratise mobility in Spain and beyond.

Over the past seven decades, Seat has undergone a profound transformation and demonstrated a constant capacity for reinvention, which has enabled it to remain a benchmark throughout its history.

Seat produced an infographic celebrating 70 years
Formally established on 9 May 1950 after an agreement was signed between the National Institute of Industry, with 51% of the share capital of 600 million pesetas, which today would be $5.5 million, seven large Spanish banks at 42% share and the Italian manufacturer Fiat at 7% share, which provided technical advice and the production licence for its models.

When originally created, the company's name was Sociedad Espanola de Automoviles de Turismo, S.A., but was officially changed to Seat in the 1990s.

When production began in 1953, just 925 people worked on the line. Today, Seat employs more than 15,000 people as well as generating more than 100,000 direct and indirect jobs within the supply chain. To date, a total of more than 19 million Seat vehicles have been built and sold, and more than 72,000 people have been employed by Seat. The Ibiza, with 5.8 million units sold, is the most popular Seat of all time, followed by the Leon at 2.3 million units, 127 at 1.2 million units, Cordoba at 1.03 million units and the Toledo at 1.01 million units.

Much have changed during the course of Seat's history, including a heavily modernised car factory
Since the company made its first export sale in 1965, Seat has established itself as Spain's leading industrial exporter, accounting for almost 3% of the country's economic exports. Today, Seat vehicles reach countries as far as New Zealand, Mexico and French Guiana.

Over the past 70 years the carmaker has launched a total of 75 models, including vehicles that have marked a turning point for the company. This started in 1953 with the Seat 1400, the first car manufactured by the company, or with the legendary Seat 600, which was unveiled in 1957 and soon became a symbol of freedom and mobility in Spain.

More recently, in 1984 the first Seat Ibiza arrived followed by the Seat Leon in 1999, both of which have been a sales success since its launch, with 2016 heralding the introduction of the brand's first SUV, the Ateca, and its first electric vehicle in 2019, the Seat Mii electric.

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