Joe Duggan (Reporter)
VOLKSWAGEN have guaranteed their planned €4.2 billion investment in their main Spanish SEAT plant, Industry Minister Jose Manuel Soria said.
SEAT workers at the Martorell factory near Barcelona face a worrying future as the company reviews spending after the rigged emissions test scandal.
But Soria’s revelation calmed fears over potential job losses.
Soria, said: “I had a meeting in Germany with the chairman and he guaranteed the investments planned for Spain would be maintained.”
The German car giants estimate 683,626 of their cars in Spain are affected by the fake emissions tests scandal, which has knocked 30% of Volkswagen’s share price.
New president Matthias Müller said Volkswagen would ‘cancel or postpone anything that is not strictly necessary’.
