BARCELONA -- Volkswagen Group's Spanish brand, Seat, reported a 48-million-euro ($54 million) loss in the first quarter of 2020 due to the coronavirus pandemic and said the second quarter will be worse.
BARCELONA -- Volkswagen Group's Spanish brand, Seat, reported a 48-million-euro ($54 million) loss in the first quarter of 2020 due to the coronavirus pandemic and said the second quarter will be worse.
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.