VW's Seat says new investment to fund R&D, quality

Newswire

FRANKFURT, Nov 27 (Reuters) - A new 700 million-euro ($823 million) investment programme in strike-hit Volkswagen unit Seat comes on top of existing plans and will fund development and quality assurance, Seat said. The extra investment Volkswagen approved on Friday will supplement a group-wide programme agreed on Nov. 11, when Volkswagen said it had earmarked 22.7 billion euros over the next three years for the group's core automotive division, Seat's German office said in a statement. ...

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