SEAT will build a new compact SUV that will be rolled out in 2016, the company has confirmed. The Spanish carmaker has been working on the design and development of the new SUV at its Martorell site for nearly two years. SEAT Chairman Jürgen Stackmann remarked during the Annual Results Press Presentation that the new compact SUV will SEAT into “a new territory,” which is one of the largest and fastest growing segments in the world.
He noted that the SUV is an “important pillar” in the future corporate strategy and represents a major step towards reaching sustainable profitability for Spanish group. The new model SUV will allows the carmaker to penetrate a rising segment that boasts of nearly one million cars per year in Europe alone. The SUB has also grown over 40 percent over the past five years, and is still expected to grow further.
The new SUV model will broaden SEAT’s product range, allowing the brand to maintain its current growth momentum after successfully introducing the Leon family, which has been receiving accolades and awards across Europe. The Development of the new SUV model is being carried out at the SEAT Technical Centre in Martorell, which boasts of more than 900 engineers dedicated to innovation.
“This is an excellent piece of news, since it takes SEAT into a new territory, in one of the largest and fastest growing segments in the world,” declared SEAT Chairman Jürgen Stackmann today in the Annual Results Press Presentation. “The SUV is an important pillar in the future corporate strategy and is a major step forward on the road to reaching sustainable profitability for the company,” he added.