How many cars can Seat ultimately sell? It sold 408,700 last year.
"I don’t know. Europe is a substantial and stable market. We have a strong capacity to attract people from the competition, as seven out of 10 of our customers are new to the brand. There’s no huge opportunity to grow anywhere, although we underperform in markets like my own country, Italy, and in France. I’d like us to do better there.
“Me selling an extra 50,000 cars isn’t going to change the industry; we need to find a way to have a sustainable, profitable business for Seat. For seven years in a row, we lost money. It was difficult. Now we’re out of the water and it’s a good feeling to be out. I want to make sensible decisions to keep it in the black now."
Will you a launch a car bigger than your upcoming seven-seat SUV?
“The ceiling is there. Beyond that, we won’t do. Premium is a bit overdone. We’re not a premium brand. We need to match a quality standard, and need to beat the Ateca with this car [the Arona], but the idea with this is to address us being able to offer a family car. This car also generates the profits we need to invest short-term in technology that costs a lot of money.”
Will you launch any extra models outside of your traditional markets?
“We have cars in the B and C segment, our centre of gravity and speciality is in small and medium cars. We have to find a way to make more money on compact cars. People will always need them and we can offer them those cars.”
Where can you grow?
“Our first phase of growth was to enlarge the product range. Now we have five or six competitive models. You won’t see that product growth rate in the next few years. We will focus on making the next-generation Leon family even stronger. It’s a challenge to use our money, a challenge to invest in powertrain technology like hybrids, electric cars, CNG (compressed natural gas), mild hybrids, plug-in hybrids… You won’t see four new products a year like now. I see growth with more engine variants.
“In the B-segment, we have a five-door and crossover [Ibiza and Arona] and cover 80% of the market. With small coupés and cabriolets, they are not on the agenda and you don’t find a business case for them.”