SEAT – Sociedad Española de Automóviles de Turismo

History

On May 9th 1950 a birth of a new Automobile industry took place, named SEAT which stands for Sociedad Española de Automóviles de Turismo, S.A. with a capital of 600 million Pesetas equaling around € 3,606,000. (http://www.seat.co.uk/content/uk/brand/en/company/we-are-seat/1979-1950.html)

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