DINA S.A. - History

History

DINA was founded as Diesel Nacional S.A in 1951 with the signing of an agreement with FIAT SPA to support the manufacture of trucks and buses.

From 1962 DINA commenced the assembly of foreign buses as well as the production of medium sized trucks using INTERNATIONAL and CUMMINS engines.

In 1987, a technological alliance was signed with NAVISTAR. Two years later DINA was acquired by the Consortium "G" Group DINA, though it continued to use NAVISTAR technology.

In 1990, DINA combined with the Paradiso bodyworks of Brazilian Marcopolo S.A. company with whom it signed a commercial alliance.

The DINA Group was listed on the New York Stock Exchange and fully acquired the stocks of Motor Coach Industries (referred as a "company merger" in North America). Also, DINA founded the Financial Leasing DINA and started exporting to South America under the brand DIMEX .

In 1995, in order to achieve technological independence, DINA invested $70 million in its HTQ project to upgrade its manufacturing base. With consulting advice from BMW Design Works and Roush Industries, it developed a new modular concept for the class 6, 7 and 8 trucks, meeting international regulations and achieving the following objectives:

• Ability to export to any market in the world.
• Optimized product efficiency and performance.
• Parts approval for OEM manufacturers.
• Designed to outperform in diverse climates and terrains in Mexico.
• Production simplification.
• Optimize tooling cost.

In 1997, an Argentina division of auto parts DINA S.A. started and later an AIRDIN plant in Bernal municipality of Buenos Aires Argentina, while in Mexico it launched a diverse line of buses: F11, F12 and F14 using its new HTQ technology.

In 1998 DINA finished its alliance with Navistar and launched a new line of vehicles HTQ exporting 48 million dollar to 14 countries and signed a contract with Western Star whose order cancellation was a prime factor for the following DINA economic crisis, ending with selling 61 percent of its MCI shares to Joseph Littlejohn & Levy . The same year, creates Mexicana de Manufacturas Especiales, SA of C.V. in the city of Guadalajara Jalisco five plants in an industrial complex of 48.480 m2. with the aim of supplying the market for its auto parts and bodyworks manufacturing.

Since 2001, DINA have completely used its HTQ manufacturing technology for all intercity coach buses.

In 2008, launches its products through its distributors network. Dina have also extended the use of its HTQ proprietary manufacturing technology for trucks and city buses to maintain its position in the urban bus market and in the medium term, and venturing into foreign bus segments, and dedicated work trucks.