Government Supports New Audi Production

The Spanish government has agreed to provide EUR100.7mn (US$515mn) to Volkswagen AG (VW)'s national subsidiary SEAT. The move is a part of the government's broader plan to boost vehicle production in the country. BMI forecasts vehicle production in the country to fall by more than 15% year-on-year (y-o-y) to 2.15mn units in

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