Volkswagen Revamp May Spell the End for Seat
Volkswagen plans to phase out its historic Spanish brand Seat as Chinese automakers gain market share in Europe. The company will instead focus investments on the electric sister brand Cupra.
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VOLKSWAGEN AG is phasing out its Spanish marque Seat, cutting combustion-engine models and redirecting all future products to its sister brand Cupra. The move makes Seat the first major auto casualty of rising competition from China-based carmakers.
