SEAT Vice-president for Sales and Marketing and CUPRA CEO Wayne Griffiths pointed out that “the increase in sales places SEAT again this year as one of the fastest growing brands in Europe. Our results go against the trend in the sector. We are sharply increasing our market share, making us the leader in the Spanish market and one of the most widely sold brands in Germany, the United Kingdom, France, Italy, Austria, Switzerland, Portugal and Mexico. Furthermore, CUPRA is attracting new customers thanks to the success of the CUPRA Ateca and the very good performance of the current Leon CUPRA.”
From January to July, SEAT sales made steady progress due to the strong push in its main markets, particularly in Germany, France and Italy. In Germany, SEAT delivered 82,300 vehicles until July, which is 15.2% more than in the same period of 2018. In Spain, SEAT sold 74,600 cars, 2.2% more, and was the leader brand of the market. The final global top three country is the UK, where the downward trend has not stopped SEAT, which grew by 3.8% (43,200 cars sold). France and Italy round off the list of SEAT's higher volume markets with 21,900 (+15.7%) and 17,200 (+21.5%) vehicle deliveries respectively, and both countries posted double-digit sales growth.
Most of the major European markets are also making strong headway, including Austria (14,200; +4.2%), Switzerland (7,900; +12.9%), Portugal (7,400; +8.9%), the Netherlands (7,300; +28.2%), Sweden (5,000; +14.5%), Denmark (4,200; +35%) and Ireland (3,700; +9.1%), as well as Mexico, where sales went up by 6,7% and amount to 14,400 vehicles sold.
Financial results also broke records
SEAT also posted the best financial results in its history in the first six months of 2019. As reported by the Volkswagen Group at the end of July, operating profit grew by 1.9% to stand at the record figure of 216 million euros. Moreover, turnover went up by 8.3%, to 6.266 billion euros (2018: 5.786 billion). The increase in sales and the positive effect on the mix thanks to the sale of SUVs (43% of SEAT deliveries in the first half of 2019) boosted the results.
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