Tag Archives: seat

Volkswagen and Ford Alliance Under Study

Against this backdrop and with a possible shakeout as devastating as occurred more than a century ago as the automobile emerged, it’s not surprising that long established car companies are seeking collaborative agreements to share the risks, cut the cost of research, development and production and survive as an entity when taking an individual road appears one paved with doom. Continue reading

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SEAT Sets Profit Record of €143m in 2016

Worldwide sales were nearly 410,000 vehicles. SEAT is a member of the Volkswagen Group, the multinational has its headquarters in Martorell (Barcelona), exporting 81% of its vehicles in over 80 countries through a network of 1,700 dealerships. Continue reading

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Volkswagen Group April Sales at 732,000 are Up 6%

The Volkswagen Group in Wolfsburg today said sales increased for the month of April to 732,000 vehicles. Compared to April 2011 at 690,800, this represented a 6% gain. Year-to-date VW Group sold 2.89 million vehicles for an increase of 8.6% percent (January-April 2011: 2.66 m). Europe’s largest automaker and the Number Two Global automaker behind General Motors outperformed the overall market, which grew by 6% during the year.
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Volkswagen Group Posts Q2 Profit of €3.17 Billion

However, the outlook is cautiously hedged: “In view of the global economic challenges, we are well advised to maintain our cost and investment discipline and to further improve our financial strength,” said CFO Hans Dieter Pötsch. Continue reading

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Volkswagen Group Posts Record Sales for First Half of 2011

The Volkswagen Group said today that it delivered more vehicles in the first six months of 2011 than eve before. A total of 4.09 million vehicles were delivered from VW, Škoda, Seat, Audi, Bentley and Porsche to customers worldwide from January to June of this year. Continue reading

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Volkswagen Group Sets Q1 and March Sales Records

By posting what was a 13.7% increase Europe’s largest automaker outperformed the overall market, which grew 8.1% based on preliminary Q1 results. Continue reading

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