SEAT Lease Deals
Founded on May 9, 1950, by the Instituto Nacional de Industria (INI), a state-owned industrial holding company. 1990 sees Volkswagen acquire up to 99.99% of SEATâ€™s shares, and the name Sociedad EspaÃ±ola de AutomÃ³viles de Turismo, S.A. is changed to SEAT, S.A.
SEAT was founded in order to motorize Spain, a country with only 3.1 cars per every 1000 inhabitants at that time. By 1956 SEAT reach a historical landmark - the production of 10,000 vehicles in one year.
In 1995, the 10.000.000th produced SEAT (a Toledo) is driven off the Martorell assembly line on September 26th by his Royal Highness the Prince of Asturias.
In 2002 SEAT joins Audi and Lamborghini in the Audi Brand Group and under the umbrella of the newly organised Volkswagen Group.
SEAT is one of the youngest, sportiest and most design-driven car manufacturers worldwide who stands shoulder to shoulder with its older siblings.