VW's Seat brand to spend 3.3 bln euros through 2019

Wednesday, Sep 09, 2015

Volkswagen's Spanish division Seat will spend 3.3 billion euros ($3.69 billion) between 2015 and 2019 on equipment, plants and research and development, the German automotive group said on Tuesday.

The brand will launch four new models over the next two years, VW said in a statement, after a visit by Spanish Prime Minister Mariano Rajoy to Seat's factory in Martorell.

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