SEAT Eying VW's Factories in Latin America
Volkswagen’s Spanish subsidiary SEAT is on the looks for a car manufacturing plant in Latin America as its presence there is considered necessary to reach the company's goal of nearly doubling worldwide sales from 431,000 cars in 2007 to 800,000 cars by 2018. SEAT of course won’t buy a plant, but instead it will use one of VW’s manufacturing sites in Argentina, Brazil or Mexico. According to a report published on Automotive News this weekend, a decision by Seat on Latin America could come as soon as next month.