MADRID (Bloomberg) -- Volkswagen Group has stood by its Spanish brand Seat through years of losses, but the spreading diesel-emissions scandal makes its loyalty to the unit a litmus test for CEO Matthias Mueller’s willingness to make unpopular cuts.
MADRID (Bloomberg) -- Volkswagen Group has stood by its Spanish brand Seat through years of losses, but the spreading diesel-emissions scandal makes its loyalty to the unit a litmus test for CEO Matthias Mueller’s willingness to make unpopular cuts.
Despite discounts by automakers such as Ford and Stellantis, the average new-vehicle price rose 2.5 percent in April, and more increases are expected.