Refurbished Class 432 "Electrotren" (432 002) of RENFE, seen in Aranjuez, on a fast regional service ("Regional Expres") to/from Madrid.
While this unit was remodelled in the late-80s to similar standards as those offered by Class 448s, including the RENFE-Largo Recorrido white/blue livery, it had already been downgraded to services of RENFE-Regionales, so much so that one can spot got the <-R logo in the blue stripe.
Aranjuez. 1991. Photo by Perolo (perolo@tranvia.org) (Acknowledgements) from Tranvia.org Posting and Comment by P.L.Guillemin (plguillemin@yahoo.fr)