Skoda logs 8.4 percent growth in global sales in first half 2012

Article by Anita Panait, on July 13, 2012

Skoda posted an 8.4-percent year-on-year increase in global sales in the first half of 2012 to a record 493,000 vehicles, thanks to the strong demand Germany and China. The carmaker likewise logged a 7.5 percent jump in deliveries in June 2012 to 87,400. Skoda remarked that it managed to post sales growth larger than the market in most regions, although it is wary of a more difficult second half.

Skoda posted a 10.5 percent year-on-year jump in Germany, its largest market in Europe, to 14,600 in June. The brand also posted a 5.5 percent growth in China, its largest global market since 2010, to 20,100, boosted particularly by the popularity of the Octavia, which logged a 20.3 percent hike in sales to 12,400 units.

Skoda posted a 36-percent growth in sales in Russia to 9,600 vehicles, sparked by 180-percent jumps in sales for its Yeti small sports utility vehicle to 1,900 units. In a statement, Skoda chairman Winfried Vahland said that they are watching markets carefully and are expecting significantly stronger headwinds in the second half of 2012. Skoda is hoping that its new Rapid compact saloon will help boost demand when it is rolled out in Europe in the autumn.

Topics: skoda, sales

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

Volkswagen Group’s dieselgate saga continues, but it appears the German company would be able to get out of trouble, but it would not be unscathed. This development comes as Volkswagen...
by - January 22, 2017
When a car has been in the market for nearly six years, it loses some of its luster and its customers tend to go for the all-new model with a...
by - January 22, 2017
Remember Zenos Cars, a British carmaker that specializes in designing and building lightweight and high-performance sports cars? If you are wondering how the company is faring with their E10 lightweight...
by - January 21, 2017
Mercedes-Benz has revealed that in 2017, its series 124 coupé will be celebrating its 30th anniversary. While this itself is a significant event, it will also mean that this model...
by - January 21, 2017
BMW’s 550i xDrive has long been considered as one of the most successful business sedans in the world. For the brand, this may not be enough as it has officially...
by - January 20, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries