Volkswagen brand Seat faces uncertain future as Chinese carmakers advance

UPDATE - follow-up to Volkswagen's Seat on the brink as Chinese rivals gain ground - Reuters: The Spanish car brand Seat is facing a major threat to its future existence as low-cost Chinese competitors rapidly capture market share in the global automotive sector. Industry pressures mount as new electric and budget-friendly vehicles from China enter traditional strongholds, putting intense financial strain on legacy European marques like Seat. Company leadership faces difficult strategic choices regarding the brand's long-term manufacturing and market positioning to survive this intense new wave of international competition.