FRANKFURT, Jan 29 (Reuters) - Volkswagen's struggling Seat brand aims to cut more jobs and add models to reach 2018 targets, its chief told Frankfurter Allgemeine Zeitung newspaper. "Our targets for 2018 are doubling vehicle sales to 800,000 ... while ... expanding our model range as well as a return on investment of more than 15 percent," Seat Chief Executive Erich Schmitt said in an interview published on Tuesday. Schmitt plans to slash 700 more jobs -- 900 have already gone -- and ...
Premium Content (PAID Subscription Required)
"VW's Seat to cut jobs, add models -CEO in paper" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642