Seat reports a small rise in its new-car sales in October
By Andrew C., 30 Aug, 2010. 0 Comments
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Volkswagen AG's Seat brand had been one of those hit hard by the economic downturn but lately, it has reported a small rise in its new-car sales in October due mainly to government incentives in its home Spanish market and Germany. Seat's sales increased to 1.9 percent last month to 29,745 units, compared with the year before. Seat recorded considerable increases in Germany where Seat had sold 1,400 units more than in October 2008.
In Austria, 500 more Seat cars were sold while in Mexico, it sold 603 more units than the previous October. The Spanish government had decided to extend the Plan 2000E scrappage program, resulting in a 9.9 percent increase in Seat's domestic sales compared to the same period last year. The Seat brand's best selling model in its segment in Spain and Austria is the Ibiza. Since the crisis began, Seat has reported that in the first nine months of the year, unit sales fell 19 percent and its operating loss widened to 228 million euros compared to a 30 million euro loss in the same period the year before.
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