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Industry: Email Alert RSS FeedSantana turns to making windmill parts; Non-auto parts deals delay crisis for Spanish independent automaker.(News)
Automotive News Europe, November, 2005 by Oliveira, Paulo Soares de
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Byline: Paulo Soares de Oliveira
Spanish SUV specialist Santana will make windmill parts to generate cash, but its future as an independent automaker is increasingly fragile.
Santana hopes to keep building SUVs for Suzuki until mid-2008. Its current contract manufacturing deal with Suzuki ends next June.
"We are fighting for survival," said Vincente Martinez, head of marketing for Santana. "But we expect to survive because of our three-part diversification plan."
One project is still secret, but Santana has revealed two others.
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