VW HAS NO COMMENT ON SEAT LOSS REPORTS

  A Volkswagen AG
  &lt;VOWG.F> spokesman said the group had no immediate comment on
  reports of greater than expected losses at its Spanish
  subsidiary Sociedad Espanola de Automoviles de Turismo (SEAT).
      German newspapers reported that Werner Schmidt, SEAT
  supervisory board chairman, had told journalists that SEAT
  losses for 1986 were around 27 billion pesetas, or about 386
  mln marks, almost double original expectations.
      According to the Boersen-Zeitung newspaper, Schmidt said VW
  would invest 42 billion pesetas in SEAT this year and in the
  years to 1995 would spend 462 billion on its new Spanish unit.
  

