SEAT to invest heavily in R&D over next four years

LinkedIn +

As part of a €3.3bn (US$3.7bn) investment, SEAT will be significantly upgrading its R&D equipment and facilities at the SEAT Technical Center and the Martorell factory in Spain between 2015 and 2019. This spend, which is the largest in the history of SEAT for new models, will go toward launching four new vehicles in the next two years.

“These models are part of an ambitious plan to continue to strengthen the brand and boost sales, which have been growing consistently since 2013. The spending on innovation ensures competitiveness and employment, and secures the future,” said SEAT Executive Committee president, Jürgen Stackmann.

Dr Francisco Javier García Sanz, member of the Board of Management, Volkswagen AG, commented, “Spain is a key country in the group’s strategy. These resources underscore our commitment as a driver of the Spanish economy and represent a guarantee for the future.

“The €3.3bn will strengthen SEAT’s position within the Volkswagen Group and as the country’s main industrial investor in R&D.”

SEAT is the only car maker which, bolstered by its own Technical Center, has the capacity to design and develop vehicles in Spain. In the last five years, the company has spent €1.4bn on R&D.

September 16, 2015

Share this story:

About Author


John joined UKi Media & Events in 2012 and has worked across a range of B2B titles within the company's automotive, marine and entertainment divisions. Currently editor of Automotive Testing Technology International, Crash Test Technology International and Electric & Hybrid Marine Technology International, John co-ordinates the day-the-day operations of each magazine, from commissioning and writing to editing and signing-off, as well managing web content. Aside from the magazines, John also serves as co-chairman of the annual Electric & Hybrid Marine Awards and can be found sniffing out stories throughout the halls of several of UKI's industry-leading expo events.

Comments are closed.