AUTOSHOW-VW's Audi CEO sees SEAT profit in 1-2 yrs

Newswire

GENEVA, Feb 28 (Reuters) - The chief executive of Volkswagen's premium Audi unit said on Tuesday he expected its loss-making Spanish unit, SEAT, to return to a profit within the next 1-2 years. When asked by reporters at the Geneva motor show whether Audi revenue growth would match a forecast 6 percent rise in vehicle sales at the brand in 2006, Martin Winterkorn said he was expecting that would be the case. He also said he intended to remain chief executive of the Audi brand, countering ...

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