FASA-Renault

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FASA-Renault was a Spanish automobile manufacturer which produced Renault and Renault-based vehicles from 1951 to 2000. Since 2000 until the present, its factories are part of Renault España.

History

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The company was established in 1951 in Valladolid as FASA (Fabricación de Automóviles Sociedad Anónima de Valladolid) by Spanish interests, a license having been obtained to allow local production of Renault vehicles.[1] In 1965 Renault increased its shareholding in the company from 15% to 49.9% and the company name was changed to FASA-Renault.[1] Renault was permitted to become a major shareholder in the company in 1976 and by December 2000 FASA-Renault was fully owned by the Renault Group.[1]

The Renault Group

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Most of the Renault range was assembled in Spain (Valladolid and Palencia), excluding the bigger cars like the 20/30 and 25.[2] The Renault 7 which was produced by FASA-Renault from 1974 to 1984 is a locally developed four-door sedan version of the original Renault 5 hatchback.[3]

References

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  1. ^ a b c Bart Kamp, Location behaviour and relationship stability in international business, pages 109-112 Retrieved on 16 September 2010
  2. ^ Lösch, Annamaria, ed. (1984). World Cars 1984. Pelham, NY: L'Editrice dell'Automobile LEA/Herald Books. p. 407. ISBN 0-910714-16-9.
  3. ^ Renault 7 at motorbase.com[permanent dead link] Retrieved on 16 September 2010

See also

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