SEAT has unveiled their 2025 roadmap which calls for the company to focus on developing models in "growing segments with a high profit margin."

SEAT has unveiled their 2025 roadmap which calls for the company to focus on developing models in "growing segments with a high profit margin."

Executives declined to go into specifics but said the automaker is on track to launch four models in the next two years.  The company also said the first new model will be a compact crossover and it is slated to arrive in the first half of 2016.

SEAT will also embark on a cost cutting initiative that seeks to streamline processes and "eliminate any expenditure that do not affect the company’s core business operations and focus on activities that add value."  The company expects this will save them about €100 ($110) million annually.

SEAT Board of Directors Chairman Dr. Francisco Javier García Sanz also downplayed the effects of the dieselgate scandal by saying "Now is the time to act with a view to the medium and long term, regardless of recent weeks’ news."  He went on to say "The Volkswagen Group has full confidence in our plan for the future and it is perfectly integrated in their strategy. The models we have announced for the next two years will reach the market as scheduled and will contribute to SEAT’s sustainable growth."

Be part of something big