Volkswagen is considering selling Seat back to Fiat, according to unofficial sources.
Auto motor und sport magazine said a Spanish internet publication called Hispanidad, reported that Audi representatives met with Fiat executives in Spain to discuss the possible sale of Seat to the Italian company.
A Volkswagen spokesperson denied that the sale of Seat is on the cards.
A Fiat spokesperson similarly denied the report, saying that Fiat has enough to do to reinvigorate its own brand, without taking on struggling brand like Seat.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData