Volkswagen to end Spanish brand Seat
Business

Volkswagen to end Spanish brand Seat

Correio da Manhã4 September 2026 at 01:30

Volkswagen announced it will close the Spanish brand Seat. The German car manufacturer decided to discontinue the brand based in Barcelona.

The closure of Seat is planned to occur by the end of 2029. This five-year timeframe allows for a gradual transition for the affected workers and suppliers.

The decision comes in a context of restructuring of the Volkswagen group and pressure on smaller brands in Europe. The company faces significant competitive challenges in the European car market.

Related articles

Business

Madeira carved up by owners of this and that

An opinion article criticizes the regional government of Madeira's negligence regarding traditional fishing, arguing that public policies deliberately favor industrial aquaculture at the expense of artisanal fishermen. The author denounces the lack of support, suffocating bureaucracy, and official narrative pushing cage aquaculture as a solution, considering this economic model choice aims to open space for sea industrialization and resource privatization, replacing locally caught fresh fish with farm-raised product.

Madeira Opina04/09/26, 02:28
Business

Apple faces lawsuit over facial recognition patents

Apple is facing a lawsuit filed by BASF, which alleges that the technology company infringed on facial recognition technology patents used in iPhones and iPads. The action was filed in Texas and seeks compensation for intellectual property violation.

Pt Noticias04/09/26, 01:50
Setor têxtil nacional inova mesmo com desafios
Business

National textile sector innovates despite challenges

The national textile sector faces significant challenges, including financing difficulties and a shortage of qualified workforce, but continues to innovate and gain international recognition. The Brazilian industry has stood out increasingly abroad, demonstrating capacity to overcome and adapt to market adversities.

Correio da Manhã04/09/26, 01:30
Países Baixos retiram reservas de ouro dos EUA e Canadá devido a "instabilidade geopolítica"
Business

Netherlands withdraws gold reserves from USA and Canada due to "geopolitical instability"

The Netherlands secretly withdrew 86 tonnes of gold from the United States and Canada between March and August this year, transferring it to the United Kingdom. The Dutch Central Bank justified the measure citing "geopolitical instability" as the reason for the reallocation of reserves, in a move that raises questions about trust in traditional NATO allies for storing the country's gold.

Correio da Manhã04/09/26, 01:30