La primera crisis de SEAT: el veto a General Motors y la compra de AUTHI a British Leyland (1972-1976)
In 1972 SEAT was the first Spanish industrial firm and led the export of automobiles, thanks to a nationalist policy. However, the industrial policy of late Francoism experienced a dramatic change with the approval of Ford’s decrees. Such a change included the invitation to General Motors to rescue the Spanish subsidiary of British Leyland Motor Corporation (BLMC), AUTHI, in 1973. The purchase of its plant in Landaben by SEAT in 1975 has to be considered more the consequence of a pact preventing the entrance of General Motors than the outcome of direct pressure by government. The increase in the size of employment resulted to be a very risky decision for a company which was experiencing a significant push on labour costs since 1969 and a dangerous fall in demand since 1974. Moreover, the change of policy and the further removal of the veto on General Motors, would contribute to jeopardize the relationship with FIAT, ending the Honey moon experienced during the early seventies. KEY Classification-JEL: L62, N64, N84, O14
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 9 (2007)
Issue (Month): ()
|Contact details of provider:|| Web page: http://www.aehe.netEmail: |
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:ahe:invest:v:9:y:2007:p:141-172. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (José Antonio Miranda)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.