At some point in 1902, the ownership changed hands to José María Castro Fernández and became Fábrica Hispano-Suiza de Automóviles (Spanish-Swiss Automobile Factory) but this company went bankrupt in December 1903.
Cara ao 1902 a propiedade pasou a José María Castro Fernández e converteuse na Fábrica Hispano-Suíza de Automóbiles, pero esta empresa tamén se arruinou en decembro de 1903.