The origin of VDL Nedcar dates back to the 1960's when DAF (now DAF Trucks) started with the production of passenger cars in Born, Limburg, in the south of the Netherlands.
In 1975 by the participation of Volvo Car Corporation, DAF Car BV was called Volvo Car BV. Untill 2004 many Volvo models were produced successfully. In 1992, the name NedCar was introduced when Mitsubishi Motors Corporation became co-owner. This led to a unique production facility where different car brands and models are built on the same production line at the same time.
A cooperation agreement was signed between Mitsubishi Motors Corporation and DaimlerChrysler. Volvo subsequently sold its interest and since 2001 Mitsubishi Motors has been sole owner of NedCar; this heralded, from 2004 onwards the production of a new automotive concept in Born: the new Mitsubishi Colt and DaimlerChrysler’s smart forfour. DaimlerChrysler decided to cease production of the smart forfour, just over two years after the production of this model had started.
As of 16 December the VDL Groep from Eindhoven (the Netherlands) took over the shares of Mitsubishi. As of 1 January 2013 the name changed into VDL Nedcar and the company will build the MINI for BMW Group.