May 25, 2013 9:16 AM ET

Automobiles

Company Overview of SEAT, S.A.

Company Overview

SEAT, S.A. designs and manufactures cars in Spain. It serves customers in Europe, Asia, America, Africa, and the Middle East. The company sells its products through its dealerships. SEAT, S.A. was formerly known as The Sociedad Española de Automóviles de Turismo, S.A. The company was founded in 1950 and is based in Barcelona, Spain. SEAT, S.A. operates as a subsidiary of Volkswagen International Finance N.V.

Autovía A-2, Km.

585, Martorell

Barcelona,  08760

Spain

Founded in 1950

Phone:

34 93 402 85 00

Fax:

34 93 708 55 36

www.seat.com

Key Executives for SEAT, S.A.

Chairman of Executive Committee
Age: 51
Vice-President for Finances
Legal Counsel and Secretary
Compensation as of Fiscal Year 2012.

SEAT, S.A. Key Developments

SEAT, S.A. Announces Executive Changes

Jurgen Stackmann is to take over as Chairman of SEAT, S.A. effective May 1, 2013. In this function he succeeds James Muir, who will assume a senior management function within the Volkswagen Group and will report direct to the Board of Management. Stackmann joined the Volkswagen Group in 2010, initially holding responsibility for Sales and Marketing at SKODA AUTO a.s. Stackmann was placed in charge of Marketing at the Volkswagen Group and the Volkswagen Passenger Cars brand effective September 1, 2012.

Seat S.A. Unveils the All New Leon

Seat S.A. has unveiled the all-new SEAT Leon for the first time at the Volkswagen Group Media Evening. The new Leon is built on the Volkswagen Group’s new MQB platform and is 90kg lighter and despite being 52mm shorter than its predecessor, has more interior space. A range of six petrol and four diesel engines are available, guaranteeing an engine choice to meet all customer preferences. The new Leon will feature engine Start/Stop technology and the most efficient engine option will emit just 99g of Co2. The new model is the third iteration of Leon and previous generations have earned a reputation for delivering a rewarding and interactive driving experience and the new generation will continue that pattern, due to the lighter overall weight and longer wheelbase. The new model will be manufactured at the company's base in Martorell, near Barcelona in Spain. In total, 1.2 million Leons have been sold to date since the first model was introduced in 1999. The first markets to introduce the new Leon will be Germany, Austria and Switzerland, with sales beginning before the end of November.

SEAT, S.A. Plans to Open Three New Dealerships in Russia Before End of 2012

SEAT, S.A. has announced the reinforcement of its presence in Russia while strengthening its international expansion plans. SEAT will open three new dealerships before the year's end, bringing the total number to 25. The aim of opening further dealerships is to cover most of the regions of the European part of the country.

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