BMI Warns VW Must Tackle SEAT Sticking Point To Realise Global Ambitions

Germany's Volkswagen has identified its Spanish subsidiary SEAT as a weak point in its global ambition of overtaking world leader Toyota Motor by 2018. The brand's excessive reliance on the Spanish market severely hit its performance last year. As fears of the country's budget deficit surface, there is little likelihood of improved conditions for SEAT in the short and medium term, prompting VW to consider a massive upheaval for the brand.

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