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Thursday, March 13, 2008
VAG to drop SEAT if it does not start turning a profit.
In a recent Business Week article "Clan Warfare at Porsche and VW", the current banter between current head of Porsche and heads of VW and Audi are beginning to make waves in the German Auto industry. Each heads current dislike of the others position and with 8 car brands (Porsche, SEAT, Skoda, VW, Audi, Lamborghini, Bentley and Bugatti) and 2 truck lines (Scania and Man) VW and mainly Piƫch feels he has control of something the VAG has been striving for in the past decade. Control of one of the worlds most prestigious brands all underneath one banner. While Porsche head Wendelin Wiedeking has been attacked by the current VW head and Unions are fighting over how many seats each will have, it will be interesting to see how this effects VAG quality and models being brought to the US and with Audis head hinting at a possible US Audi plant.
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