Dina S.A.

Dina S.A.
DINA (Diesel Nacional S.A. de C.V.) is a Mexican producer of buses, European-style intercity coaches, and medium and heavy duty trucks. The company is owned by the Gómez-Flores family. The company distributes its products in Mexico, Central and South America, and the Middle East. In the United States and Canada the company sells motor coaches bodied by Marcopolo S.A. carrosseries under the name Dina Viaggio. DINA was founded in 1951 as a joint venture between the Mexican government and various international investors. After signing an agreement with Fiat in 1952 for technical assistance, the Mexican government bought out the other investors, becoming the sole-owner of DINA. In the 1960s, various alliances and licensing arrangements were signed with Fiat of Italy and Renault of France for the production of automobiles. Other agreements included Diamond Trucks of the United States for the manufacturing heavy trucks; Flxible (United States) for intercity buses, and Cummins for engine manufacturing. The 1970s saw DINA purchase 60% of Motores Perkins, S.A., which was related to the Perkins Engines of England. Also, the contract with Renault is ended. In 1987, a joint venture with Navistar begins for production of heavy trucks, and in 1989 the company moves from being a state company to a private company, with Consorcio G buying 100% of the company. The 90s saw growth as DINA began exporting to Chile, Colombia, Ecuador, Dominican Republic, Bolivia, Peru, Venezuela, Guatemala, El Salvador, Costa Rica and Argentina.[3] From 1994 to 1999 the company was a stakeholder in Motor Coach Industries, manufacturer of buses in the United States and Canada. Since 2000, DINA has been introducing new styling into its line-up. Source: http://en.wikipedia.org/wiki/DINA_S.A.