January 27, 2015 11:42 PM ET


Company Overview of SEAT, S.A.

Company Overview

SEAT, S.A. designs and produces cars. The company offers cars ranging from compact and family cars to sports and utility vehicles. The company also offers parts, warranty, inspection and maintenance, repair, and other services. It serves customers in Europe, Asia, the United States, Africa, and the Middle East. SEAT, S.A. was formerly known as Sociedad Española de Automóviles de Turismo, S.A. and changed its name to SEAT, S.A. in 1991. The company was founded in 1950 and is based in Barcelona, Spain. SEAT, S.A. operates as a subsidiary of Volkswagen International Finance N.V.

Autovía A-2

Km. 585


Barcelona,  08760


Founded in 1950


34 93 708 58 85


34 93 708 55 12

Key Executives for SEAT, S.A.

Chairman of Executive Committee
Age: 52
Vice-President for Finances
Executive Vice President of Research & Development and Member of Executive Committee
Age: 52
Compensation as of Fiscal Year 2014.

SEAT, S.A. Key Developments

SEAT Announces Sales Results for the Third Quarter of 2014

SEAT announced sales results for the third quarter of 2014. For the quarter, the company continues to grow at a rate higher than 10%. The brand has ended with an aggregate increase of 10.5%, and 294,000 vehicles delivered against 266,100 vehicles, 27,900 more than in the same period 2013. This growth momentum is being sustained by Leon sales.

Seat Announces Executive Changes

Seat has appointed Bernhard Bauer head of Seat Germany, with effect from October 1, 2014. Bauer will replace Manfred Kantner, who will be responsible for Volkswagen's sales and distribution in India and the Far East region. Prior to the appointment at Seat Germany he was managing director at Volvo Car Germany.

SEAT Reports Earnings Results for the Six Months of 2014

SEAT reported earnings results for the six months of 2014. The company managed a marginal reduction in its operating loss to EUR 37 million, from a loss of EUR 40 million. Unit sales grew by 6% to 258,000, with revenue up 9% year on year to EUR 3.9 billion.

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