Volkswagen’s Seat brand Will enter the US market

News

Volkswagen said on Monday that the company’s Seat brand seeking to enter the US market between 2020 and 2021, and could stake in Volkswagen US joint venture JAC Volkswagen. Volkswagen said that under the agreement, Seat and Volkswagen Will become a shareholder of JAC exIsting joint venture, the three parties also agreed to establIsh a joint research and development centers, research and development of electric vehicles for the US market and Autopilot technology. (WSJ)