This invention relates to vehicle having a conveniently storable passenger seat. The seat is collapsible into an on-floor or stowed position. A user can stow the seat using only one hand. A release member is activated to permit the seat to move from an upright position to the collapsed position. A tub area which stows the seat is concealed by a floor covering member which has flippers that automatically retract upon activation of the release member. The seat is also capable of reclining. Moreover, the seat remains adjustable in the forward and rearward directions with respect to the vehicle cab. This type of arrangement is ideal for passenger vehicles with two or more rows of seating, like SUVs, vans, and minivans.