This cropped up in my Spanish newsfeed. I've not seen it here, so apologies if it's a repost.
Seat and Cupra recorded a 96% drop in their operating profit through September, reaching just 16 million euros compared to 406 million during the same period in 2024. The company entered into operating losses during the third quarter with -22 million euros, contrasting with the 9 million euros profit from the previous year.
Startling figures, but there's obviously more to it when you read into it.
Source: Europapress (in Spanish)
Seat and Cupra recorded a 96% drop in their operating profit through September, reaching just 16 million euros compared to 406 million during the same period in 2024. The company entered into operating losses during the third quarter with -22 million euros, contrasting with the 9 million euros profit from the previous year.
Startling figures, but there's obviously more to it when you read into it.
Source: Europapress (in Spanish)
