Seat to invest up to €500 million annually in its Martorell factory
The Spanish car company expects sales to fall by 50% this year. Seat will create 750 jobs in the country for the fabrication of the Audi Q3
The Spanish car company expects sales to fall by 50% this year. Seat will create 750 jobs in the country for the fabrication of the Audi Q3
Seat will invest 300 million euros in investigation, development and innovation this year, 6 to 7% of its profit. Seat’s ambitious project ‘Forma 0’ aims to create lighter, safer cars.
700 workers from the Martorell factory next to Barcelona will temporarily lose their jobs. They will return to work in June of 2011. The company still has to negotiate the conditions with unions.
The automotive company SAS has just announced the closure of its factory in Martorell. The closure will result in 124 employees out of work. SAS made the decision to close its factory after loosing its contract with its cockpit supplier.
Barcelona?s Mayor, Jordi Hereu, engaged ?walking together? with SEAT to redefine the future of the car industry and recover from the crisis. In a visit to the SEAT factory in Martorell, next to Barcelona, Hereu offered SEAT to use Barcelona as a platform