Markus Haupt
- Jul 24
Volkswagen profit plunges 30.7% as China sales collapse and restructuring costs bite
The German automaker reported net profit of €3.1 billion for the first half of 2026, down from €4.5 billion a year earlier, while Spanish subsidiary Seat saw its operating profit triple to €122 million.
- Jun 20
Seat's Haupt takes reins at Spanish car lobby Anfac, demands speed on EV plan and fair China competition
Markus Haupt, CEO of Seat and Cupra, was named president of Spain's carmaker association Anfac on Friday, replacing Josep Maria Recasens. In his first speech, he demanded rapid implementation of the Auto 2030 plan and fair rules for Chinese rivals.
