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| SEAT SA Although the cars are made in Spain, German carmaker Volkswagen is in the SEAT of power. A subsidiary of Germany's Volkswagen AG, SEAT (Sociedad Española de Automóviles de Turismo) SA sells more than 400,000 passenger cars per year. |
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| Connoisseur   Posts: 6,215 Join Date: Sep 2005 Location: --Poconos, PA.-- 2005 Aston Martin DB9 I drive: I ♣ SEALS Thanks: 1,712
Thanked 941 Times in 424 Posts
  |  700 million Euro for Seat -
11-29-2005, 02:54 PM
 It seems that the subjects of gossip on the imminent - ONLY REGISTERED AND ACTIVATED USERS CAN SEE ALL LINKS - CLICK HERE TO REGISTER / - ONLY REGISTERED AND ACTIVATED USERS CAN SEE ALL LINKS - CLICK HERE TO REGISTER of Seat were exaggerate to you.Volkswagen has promised that it will invest 700 million? in three years in order to restructure and to revitalize the Spanish brand. The program is called "Nueva Seat". It is not understood how many of these moneies are assigns you to the development of new models and how many are assign to you to make to accept the plan of 1.400 lay-offs, than the Volkswagen group it thinks necessary because of the decrease of the Seat sales in the last years (from 516.000 blots some in 2000 to the 390,000 waits for this year). |
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