[1] Apart from their main plant in Zaragoza, Hispano had a second one in Casablanca, Morocco; combined, they had a production capacity of 2,000 units in a year.

The company was founded in 1947 by D. Vincenzo Angelino Gervasio (an engineer of Neapolitan origin) and his wife Felisa Pueyo as Talleres Nápoles in Zaragoza, Spain.

In 1962, the company moved again to newly built installations on the N-II road, becoming Factorías Nápoles, S.A., and begins to sell vehicles under its own brand, "Nazar" (an conflation of "Naples" and "Zaragoza"), in Spain and abroad.

But in 1964, financial problems force the founder, Vicenzo Angelino, to leave the company, which changed its name again to Fabricaciones Industriales S.A..

[3] In 2005, sensing an opportunity in the fully built bus segment, Tata Motors from Mumbai acquired a 21% stake in Hispano Carrocera SA,.