Audi mulls taking direct control of Seat - source

Newswire

FRANKFURT, Oct 27 (Reuters) - German premium carmarker Audi AG may take direct control of Spanish brand Seat under a plan to be put to the board of parent Volkswagen next month, a source close to the situation said on Thursday. He was confirming a report in German magazine Capital, which said Martin Winterkorn -- both Audi Brand Group head and Audi AG Chief Executive -- wanted to change the struggling Spanish brand's strategy and run Seat operations and finances. The goal is to focus ...

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