German Handelsblatt: Corona crisis: New Seat boss: VW subsidiary is heading into the red in 2020000619

Wayne Griffiths

The new Seat boss has commented on the losses of his company.

(Photo: AFP)

Berlin According to its new boss, Wayne Griffiths, the Spanish VW subsidiary Seat will be in the red in 2020. “We will not recoup the losses that we incurred in the months of March to August this year. We will not make it, “said Griffiths of the” automobile week “according to the preliminary report on Sunday.
“However, we hope to return to the black area from 2021.” The Corona crisis hit Seat particularly hard in Spain. “But: Since September we have been back to the level we were at before Corona.” Deliveries in September are even the highest of such a month. “We are also optimistic for the last quarter,” emphasized the manager.
More: Seat Leon – a Spaniard full of technology.

Go to source