Skoda sales increased by 10.2% to 75,400 units in January 2012

Article by Christian A., on February 13, 2012

Skoda’s January sales increased by 10.2% to 75,400 units in year-on-year figures – its best January result ever since it was founded 117 years ago. Volkswagen Group's Czech brand posted these figures last Friday. This increase was driven was aided by sales in western European markets, primarily Switzerland, Austria and Germany.

Skoda's production makes up around 7% of overall Czech exports. The company, with its broad web of suppliers, is one of the primary drivers for the economy. Skoda is considered to be a major factor in Volkswagen's plan to be the top selling global brand by 2018, ahead of General motors and Toyota.

This brand, which was purchased by VW for $1.4 billion after previously beginning a joint venture with the Czech carmaker in 1991, has been crucial in aiding VW to gain a more solid footing in emerging markets, with its budget vehicles.

Skoda benefited from the rise in demand from first-time buyers in Russia, India and China. Skoda is estimated to boost sales by 84% to 1.41 million vehicles by 2018 from 879,200 last year, according to IHS Automotive.

This growth is more than double the 41% that’s predicted for the VW brand but it still hasn’t achieved Skoda's own target of 1.5 million vehicles by 2018. Since Skoda was involved with VW, its sales have quadrupled from lower than 200,000 vehicles in 1991. In 2011, Volkswagen Group had been the second-largest world automaker with 8.16 million sales, falling behind General Motors with 9.05 million. In the same period, Toyota was No. 3 with sales of 7.95 million units.

Topics: skoda, sales

If you liked the article, share on:

Pin It

Comments

Recommended

Reporting for duty. It’s been a year since the Victoria Police was loaned a new Mercedes-AMG GLE 63 S Coupe. In those 12 months, the coupe served as the law...
by - March 23, 2017
After making its debut at the Paris Motor Show last year as a concept car, the Trezor by Renault managed to bring home the 2016 Concept Car Design Of The...
by - March 23, 2017
We can already smell success for Opel, even if it had only recently inked its marriage with the PSA Group. The Insignia, being one of Opel’s best selling cars of...
by - March 23, 2017
The German automaker Volkswagen is now racing against time to come up with electric vehicles that will be able to pass Europe and China's stringent emission standard. The car company...
by - March 22, 2017
In the last few years, the advent of compact sedans and crossovers has become quite overwhelming. Even two of the major manufacturers that “started it all” have to admit that...
by - March 22, 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