Interesting article today on Reuters https://www.reuters.com/business/au...utm_term=092325&lctg=62b81f5d3e55c7934400d866
Apart from poor sales compared to the rest I noted this comment
SPAIN: A GATEWAY FOR EXPANSION
Spain's lack of a national automotive champion makes it fertile ground for Chinese expansion, analysts say.
"It doesn't have a strong local carmaker," said Felipe Munoz, analyst at JATO Dynamics, adding that SEAT had lost some of its Spanish identity having been bought by Germany's VW and looked the most exposed.
SEAT's sales are up 4% so far this year, underperforming the broader Spanish market which rose 15%, ANFAC data shows. SEAT's sister brand, up-market Cupra slightly outperformed, with sales up 17%.
Apart from poor sales compared to the rest I noted this comment
SPAIN: A GATEWAY FOR EXPANSION
Spain's lack of a national automotive champion makes it fertile ground for Chinese expansion, analysts say.
"It doesn't have a strong local carmaker," said Felipe Munoz, analyst at JATO Dynamics, adding that SEAT had lost some of its Spanish identity having been bought by Germany's VW and looked the most exposed.
SEAT's sales are up 4% so far this year, underperforming the broader Spanish market which rose 15%, ANFAC data shows. SEAT's sister brand, up-market Cupra slightly outperformed, with sales up 17%.