Cars
As is the case with most automakers around the world, 2008 proved to be a very difficult year for Volkswagen's subsidiary, SEAT. Based on Spanish financial reporting rules, SEAT posted a negative operating result for 2008 of €-141 million (2007: €+44 million). Taking into account other income and taxes, the firm's operating result was €+44 million (2007: €+170 million). In terms of car sales, VW's Spanish brand delivered some 368,000 vehicles to customers in the 2008FY compared to 431,000 units in 2007FY. Sales revenue amounted to €4.81 billion (2007: 5.57 billion).
- Report: Seat To Launch Four New Models In 2012 Including A Four-door Sedan
VW's Spanish subsidiary is expecting a 10 percent rise in sales this year and aims further growth in 2012, when it will launch four new models. According to CEO James Muir, new products such as the Ibiza ST and the Alhambra will boost Seat sales...
- New 1.6-liter Common Rail Diesel For Seat Ibiza
Beginning from June, the 2009 Seat Ibiza will be available in Europe for the first time with the VW Group's new 1.6-liter common rail turbo diesel engine that replaces the 90 horsepower 1.9-liter TDI unit. Mated to a five-speed manual gearbox, the...
- Seat Product Plan 2008-2010: Includes Ibiza Cupra & Sportback, And Suv
Our friends over at WFC hit the Spanish jackpot during a Seat press event this week as they managed to learn Seat's product plan for the next two years. 2009 will be a busy year for the Spaniards as they plan to unveil plenty of new models starting...
- Volkswagen’s Small Car Platform Gets All-wheel-drive
The German automaker’s new small car platform codenamed “PQ25†that made its debut in the new Seat Ibiza earlier this year offers the possibility of all-wheel drive (AWD) option according to Erich Schmitt, president of Seat. Although...
- 2009 Seat Bolero: Spanish Firm Unveils Details On Its Audi A4 Sized Sedan
Once upon a time, VW Group wanted to transform Seat, whom it had acquired (or rather saved) from Fiat, to a Spanish “Alfa Romeoâ€. Then all of a sudden we saw Seat presenting models like the Toledo, the Altea XL and recently, the Freetrack......
Cars
SEAT Reports Declining Profits and Sales in 2008FY, Announces new Ibiza ST Estate
As is the case with most automakers around the world, 2008 proved to be a very difficult year for Volkswagen's subsidiary, SEAT. Based on Spanish financial reporting rules, SEAT posted a negative operating result for 2008 of €-141 million (2007: €+44 million). Taking into account other income and taxes, the firm's operating result was €+44 million (2007: €+170 million). In terms of car sales, VW's Spanish brand delivered some 368,000 vehicles to customers in the 2008FY compared to 431,000 units in 2007FY. Sales revenue amounted to €4.81 billion (2007: 5.57 billion).
Along with the release of the brand's financial and sale figures, Erich Schmitt, President of SEAT also announced that in 2010, the Ibiza range will be extended with the introdoction of an Estate / Station Wagon version that will bear the ST moniker.
"Customers want attractive, top quality vehicles regardless of whether times are good or bad. That is why we are launching ten new models that suit customers' tastes this year and thereby positioning ourselves for better times," Erich Schmitt pointed out. "And next year we will be launching the third variant of our successful Ibiza model, a wagon version, which we will be producing here in Martorell. This will be the Ibiza ST," he concluded.
- Report: Seat To Launch Four New Models In 2012 Including A Four-door Sedan
VW's Spanish subsidiary is expecting a 10 percent rise in sales this year and aims further growth in 2012, when it will launch four new models. According to CEO James Muir, new products such as the Ibiza ST and the Alhambra will boost Seat sales...
- New 1.6-liter Common Rail Diesel For Seat Ibiza
Beginning from June, the 2009 Seat Ibiza will be available in Europe for the first time with the VW Group's new 1.6-liter common rail turbo diesel engine that replaces the 90 horsepower 1.9-liter TDI unit. Mated to a five-speed manual gearbox, the...
- Seat Product Plan 2008-2010: Includes Ibiza Cupra & Sportback, And Suv
Our friends over at WFC hit the Spanish jackpot during a Seat press event this week as they managed to learn Seat's product plan for the next two years. 2009 will be a busy year for the Spaniards as they plan to unveil plenty of new models starting...
- Volkswagen’s Small Car Platform Gets All-wheel-drive
The German automaker’s new small car platform codenamed “PQ25†that made its debut in the new Seat Ibiza earlier this year offers the possibility of all-wheel drive (AWD) option according to Erich Schmitt, president of Seat. Although...
- 2009 Seat Bolero: Spanish Firm Unveils Details On Its Audi A4 Sized Sedan
Once upon a time, VW Group wanted to transform Seat, whom it had acquired (or rather saved) from Fiat, to a Spanish “Alfa Romeoâ€. Then all of a sudden we saw Seat presenting models like the Toledo, the Altea XL and recently, the Freetrack......