The story
The company is headquartered in Caracas and belonged to Sojitz until the end of 2015. It was founded in 1990. The basis was an agreement between the factory owner CIF and the Japanese group Iwai (predecessor of Sojitz), which increased their initial equity stake of 49% over time to 98%. The production of automobiles by Mitsubishi Motors also started in 1990. The work is located in Barcelona.
On December 10, 2015, "Grupo Sylca", also known as "Grupo Yammine", took over the plant with around 1300 to 1400 employees. On June 1, 2016, Alfredo Orán replaced former President Yoshiro Uero, who had led the company from 2012.
From Wikipedia’s article on MMC Automotriz, shared under CC BY-SA 4.0.4