Cupra (marque) in the context of "Volkswagen AG"

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⭐ Core Definition: Cupra (marque)

Cupra (/ˈkprə/; stylised in all caps) is a car brand owned by The Volkswagen Group a German manufacturer and produced by SEAT, a Spanish car manufacturer part of Volkswagen Group, headquartered in Martorell near Barcelona.

Originating from SEAT's motorsport division Cupra Racing, the Cupra brand was introduced as a standalone brand in January 2018, after being used as a performance sub-brand of SEAT since 1996. While initial Cupra models are based on SEAT vehicles, in September 2020 Cupra introduced the first Cupra-only vehicle, the Cupra Formentor. In 2021, the brand introduced its first electric car called the Cupra Born.

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Cupra (marque) in the context of SEAT

SEAT S.A. (English: /ˈsɑːt/; Spanish: seat]; from Spanish Sociedad Española de Automóviles de Turismo, lit.'Spanish Passenger Car Company') is a Spanish car manufacturer that sells its vehicles under the SEAT and Cupra brands. Founded on 9 May 1950, it was created as a joint venture between Spain's government-owned Instituto Nacional de Industria (INI), which held a majority stake, Spanish private banks, and Fiat. After being listed as an independent automaker for 36 years, the Spanish government sold SEAT to the Volkswagen Group in 1986, and it remains a fully owned subsidiary of the Group.

The headquarters of SEAT S.A. is located in Martorell, near Barcelona, at the company's industrial complex. Over 468,000 units were produced in 2020 with more than 427,000 cars exported to over 75 countries worldwide.

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Cupra (marque) in the context of Volkswagen Group

Volkswagen AG, or Volkswagen Group, is a German multinational conglomerate automotive manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. Since the late 2000s, it has been a publicly traded family business owned by Porsche SE, which in turn is half-owned but fully controlled by the Austrian-German Porsche and Piëch family. The company also offers related services, including financing, leasing, and fleet management. In 2024, it was the world's second-largest automaker by sales. It has maintained the largest market share in Europe for over two decades. It ranked 11th in the 2024 Fortune Global 500 list of the world's largest companies. In 2024, Volkswagen Group was the largest company in the European Union and the largest car manufacturer in the world by revenue.

The Volkswagen Group sells passenger cars under the Audi, Bentley, Cupra, Jetta, Lamborghini, Porsche, SEAT, Škoda and Volkswagen brands, motorcycles under the Ducati name, light commercial vehicles under the Volkswagen Commercial Vehicles brand, and heavy commercial vehicles via the marques of the listed subsidiary Traton (International Motors, MAN, Scania and Volkswagen Truck & Bus). Software and techstack under CARIAD. It is divided into two primary divisions: the Automotive Division and the Financial Services Division. As of 2008, it had about 342 subsidiary companies. Volkswagen also has three joint ventures in China, FAW-Volkswagen, SAIC Volkswagen and Volkswagen Anhui. The company has operations in roughly 150 countries, and it has 100 production facilities across 27 countries.

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