SEAT To Launch In China

SEAT To Launch In China

Despite the misfortunes of the SEAT brand, Volkswagen is planning to bring the Spanish automaker to China, where the appetite for cars seems limitless.

Volkswagen is planning to erect a booth for SEAT at the upcoming Shanghai Auto Show, and eventually produce the cars at its assembly plant in Foshan around 2013. SEAT has faltered recently despite offering a range of affordable compact cars with a sporty bent. The brand lost 311 million euros last year, despite a 0.8 percent gain in sales. There is speculation that Volkswagen will kill the brand if it does not become profitable by 2015.

[Source: Automotive News]