90th Anniversary of the Founding of Finanzauto

90th Anniversary of the Founding of Finanzauto

90th Anniversary of the Founding of Finanzauto

09 July 2020

It was July 9, 1930, when, with a share capital of 500,000 pesetas (€3,000), Finanzauto Sociedad Anónima was established with the initial purpose of granting loans for the acquisition and sale of automobiles.

Over the years, the company evolved, expanding into the sale of agricultural tractors, trucks, and public works machinery from prominent national and international brands: Delaport, Penta, Continental, DKW… consolidating in 1949 when it was appointed distributor of Pegaso trucks.

In the following years, we continued expanding, securing the distribution of leading brands of that era. This situation, along with the solidity, organization, and structure that Finanzauto demonstrated, was the reason Caterpillar appointed the company as exclusive distributor in Spain for its manufactured products. The agreement was signed in Geneva on May 31, 1963.

More than 55 years have passed since this signing, and Finanzauto has continued evolving to remain a modern and advanced company, adapting to and overcoming many challenging situations that have arisen.

During this period, we have established ourselves as the reference company in all markets where we operate, thanks to our continuous commitment to providing the best service to our clients, always at their disposal to find the best solution for them and their businesses.

The result of this is the prestige we enjoy and, what fills us with the most pride, the loyalty of our clients.

Today, and after 90 years since the company’s founding, we can boast unmatched strength and solidity. This dynamic of evolution, adaptation, and modernization is more present than ever following our integration into TESYA Group almost 2 years ago.

Over the past 2 years, Finanzauto has been in continuous transformation. We are building a much more modern, digital, and technologically advanced company, adapted to the current times we live in.

We have expanded our product portfolio, securing distribution of prestigious brands: Sandvik, Konrad, Noe, Prinoth, Rotor…

But this does not stop here, and we continue working to explore new lines of action to provide a more comprehensive solution to our clients, improving our market presence, and consolidating ourselves as a stronger and more resilient company.

And, to conclude, we cannot fail to mention the most representative achievement we have accomplished as a company, the construction and consolidation of OUR VALUES.

Valores TEYSAValores TEYSA

This proposal, linked to the group’s name change, allows us not only to identify with the group but also helps us consolidate and enhance our brand image.

The values presented by the group, thanks to the work of everyone, will allow us to recognize ourselves and will represent our DNA as members of TESYA Group.

We cannot think of a better way to celebrate these 90 years of existence and continuous evolution of Finanzauto than the moments we are experiencing now, thanks to this group identity and value proposition.

We are convinced that, with the strength of the people who make up Finanzauto, we will celebrate 90 years living up to our motto: “You and I, empowering the growth of people, companies, and communities.”