Despite the possibility of closing being considered on several occasions, Louis Renault chose to maintain its Spanish subsidiary with the hope the situation would improve.

The company diversified its offer, adding the sale of tractors, buses, trucks, war supplying, fuel and other products.

In 1950, a group of industrialists and businessmen led by Manuel Jiménez Alfaro, a military, and by Nicolás Franco, Francisco Franco's brother and ambassador in Portugal, requested to the Régie Nationale des Usines Renault (RNUR) a license to assemble Renault-branded vehicles in Spain.

At the same time, the group presented the project to the Valladolid's Department of Industry, considering that location ideal for the new factory.

However, the project depended on the approval of both the Spanish government and the French national company, something difficult at a time where French-Spanish relationship was very damaged.

As for the Spain government, the opposition came essentially from the fact that there was a project to create a state monopoly of the automotive industry through SEAT.

[8][9] The production of the new company, Fabricación de Automóviles Sociedad Anónima (FASA) begun in 1953, and it assembled units of the 4CV model.

[6] The Valladolid car assembly plant, which comprises two buildings covering 31.4 hectares,[14] As of 2014[update] produces the Captur,[15] and the Twizy.