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Seat Engine History
In 1950, SEAT was formed by the Instituto Nacional De Industria with the help of Fiat and stands for Sociedad Espanola De Automoviles De Turismo (Spanish Saloon Car Company). The SEAT 1400 was the first model that the company has produced in 1953. It was a 44hp four door saloon car, that claimed a top speed of 75mph. It was derailed from the production line in 1964 however, at the time of ceased production there were more than 98 thousand units in market. In 1960s, SEAT company built up a range of models including the 800, 850, 1500, 124, 815 and 319 of 800 series. All 800 series models were produced in 1964 to 1967 however, in 1968, SEAT exclusively produced their one millionth car and this figure was raised to 14 million by the year 2003. During the 1970s, SEAT produced a new model of 1200 that was capable of generating a 67hp. SEAT was redesigning and redeveloping the models acquired from its Spanish partner Fiat until they were not in the position of presenting themselves as mature technical experts in the market of self developed models like SEAT 1200 sports in 1975. However, they already proved their existence in 1963 when they produced SEAT 800, it was an entirely in house production of the SEAT and there was no equivalent model in the Fiat range. In 1981, Fiat ended their assistance and it was replaced with an agreement with Volkswagen group. It was the summer of 1986, when Volkswagen became the major stake holder of SEAT by purchasing the 51 percent stakes of the SEAT and they purchased further 24 percent at the end of same year. In 1990, Volkswagen Group owned 99.99 percent ownership of the SEAT giving it the status of first non German wholly owned subsidiary of the Volkswagen Group. It was a profitable company for the Volkswagen Group as they were expecting, a low cost outlet for their different models and more than 15.9 percent contribution in total business of Volkswagen Group. They produced a bunch of models since 1990 to 2007 including the Cordoba, Leon, Arosa, Toledo, Altea and Alhambra. A 170ph and 1.4 litres Bocanegra was introduced in 2008 in its fourth generation of Ibiza concept car. The F-series Leon, Ibiza and Altea were also introduced in 2008.