Barcelona/Berlin/London: Volkswagen's historic revamp looks set to spell the end of its struggling Spanish marque Seat, potentially making it the first major auto-brand casualty of the rise of Chinese carmakers as experts predict sweeping industry consolidation.
Seat would be the first longstanding auto brand to disappear since the early 2010s, when Ford axed Mercury, General Motors dropped Saturn and Pontiac, and Saab went bankrupt. Such closures are rare in an industry where famous marques can survive for decades.
