Radar > 245996

Seat enters New Zealand, analyzes entering Norway, Argentina and Iran

Seat ultima su desembarco en Nueva Zelanda y analiza entrar en Noruega, Argentina e Irán

Intel ID : 245996
Synopsis

Seat, a Spain-based vehicle manufacturer and retailer, will market its models in New Zealand on a short-term basis and is studying entering Norway, Argentina, and Iran to reduce its dependence on the European market, reported Europa Press on 12 March 2017, citing Seat Commercial Executive Vice-President Wayne Griffiths.

The company's goal is to diversify its markets and strengthen the brand globally. Its three axes of growth will be to gain weight in European countries where it already has a presence and grow in North Africa and in Latin America.

Additionally, Seat wants to take advantage of the entry into new markets to implement more digital distribution systems, which allow it to reduce structural costs.
(content in spanish)

Seat, compañía española de fabricación y venta de vehículos, comercializará sus modelos en Nueva Zelanda a corto plazo y estudia entrar en Noruega, Argentina e Irán para reducir la dependencia del mercado europeo, según ha informado Europa Press el 12 de marzo de 2017, citando al vicepresidente ejecutivo comercial de Seat, Wayne Griffiths.

El objetivo de la compañía es diversificar sus mercados y fortalecer la marca a nivel global. Sus tres ejes de crecimiento pasarán por ganar peso en países europeos donde ya tiene presencia, crecer en el Norte de África y en Latinoamérica.

Además, Seat quiere aprovechar la entrada en nuevos mercados para implantar sistemas de distribución más digitales, que permitan reducir costes de estructura.

Bidder

Seat
Spain

Intel ID 245996
Value ND
Native Currency Euro (EUR)
Financial Data - Seat
(31 Dec 2022)
Revenue: EUR 11.663,50m
EBITDA: EUR 500,80m
People: 14196
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Bidder

Name
verified
Subsector (Old TTR Sectors)
Industry / Automotive and Recreational Vehicles (Primary)
Services and Distribution / Cars, Motorcycles and Other Vehicles
Primary Sector (TTRSC)
35.02.06 Passenger Vehicles & Light Trucks
35 Industrials / 35.02 Automotive

Secondary Sectors (TTRSC)
15.05.01 Automotive Retail & After-sales Parts & Services
15 Consumer Products & Services / 15.05 Distribution & Retail

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