Volkswagen brand Seat faces uncertain future amid Chinese market pressure

UPDATE - follow-up to Volkswagen's Seat on the brink as Chinese rivals gain ground - reuters.com: The Spanish car brand Seat faces a difficult future as new competitors from China gain strong ground in the automotive market. Volkswagen is currently reviewing the long-term direction of the brand. Company officials and market experts are watching these changes closely as lower-priced vehicles from Chinese manufacturers continue to attract global buyers. No final closure date or official shutdown has been confirmed yet, but industry pressures on the brand are growing day by day.