Skoda logged a 15-percent surge in global sales in May 2014 to a record 91,200 vehicles, marking its ninth consecutive month of increase. The positive result in May is expected to help Skoda achieve a target of selling 1 million cars this year.
Czech carmaker is also targeting to sell 1.5 million vehicles by 2018. Skoda logged a 2-percent decline in sales in 2013 to 939,200 cars. For the year to date, the carmaker has surged 14 percent to 428,000 vehicles.
To further its growth, Skoda is pressing into China and other developing economies to offset for a recent decline in industry-wide volume in Europe. Skoda’s growth plan forms a part of Volkswagen’s bid to surpass of General Motors Co. and Toyota Motor Corp. and become the biggest carmaker in the world by 2018.
Skoda has disclosed plans to launch a new or revised model every six months on average until 2016 to boost sales. In May, the carmaker saw sales of its Rapid model leap 159 percent and of its Yeti SUV jump 26 percent.
The carmaker also posted a 12-percent climb in sales of its selling Octavia compact range. The increases in sales of the models helped Skoda to post a 25-percent surge in sales in May in western Europe.
It saw sales in Germany jump 27 percent and surged in the United Kingdom 5 percent. On the other hand, its sales in eastern Europe dropped 5 percent in May while deliveries in China jumped 11 percent.