VW's SEAT unit sees operating profit soon

Newswire

INGOLSTADT, Germany, Feb 22 (Reuters) - Volkswagen's struggling Spanish SEAT unit expects to post an operating profit before long, the brand's chief told reporters in Ingolstadt on Wednesday. "We will make an operating profit in the foreseeable future and contribute clearly positive earnings at the latest in 2008," Andreas Schleef said during the Audi annual news conference.

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