Skoda wants to produce 500,000 cars in China in the future, says CEO Vahland

Article by Christian A., on November 21, 2010

Skoda CEO Winfried Vahland says the Company wants to produce 500,000 cars in China in the future. In 2009, Volkswagen AG's Czech subsidiary produced 131,779 cars in China.

In the first nine months of 2010, Skoda sold 568,990 vehicles. Vahland said earlier that Skoda expects to double its new-car sales to "at least" 1.5 million in 2020, driven by growth in India, China, and Russia.

Skoda sales outside Europe, as part of a 10-year international growth plan, will increase to make up half of Skoda's volume from the current 30 percent.

The Company calls the plan RS after the Czech words rust and strategie, which mean "growth strategy." Skoda also uses the initials RS for the range-topping versions of its cars. Skoda sales rose 1.4 percent to 684,226 in 2009.

The volume in 2010 is set to reach 750,000. In China alone, Skoda's sales grew 65 percent in the first nine months after more than doubling to 122,556 units in 2009.

Larger volumes at Skoda will greatly help VW reach its goal of 10 million annual sales by 2018, at which time it hopes to surpass Toyota Motor Corp. as the No. 1 global automaker. [via autonews - sub. required]

If you liked the article, share on:

Topics: skoda, china, production, ceo

Comments

Recommended

The Chevrolet Corvette will be turning 65 years old in 2018, and as part of the celebrations, the brand is introducing a special edition C7 – the Chevrolet Corvette Carbon...
by - November 19, 2017
Tesla revealed that with its new Semi, truck drivers can expect better experience especially with heightened safety and the lower cost of transporting cargo. Indeed, the cabin of the new...
by - November 19, 2017
November 17 is considered a very special day for Tesla, as this is the day that they revealed the highly anticipated Tesla Semi. But Elon Musk did not think the...
by - November 17, 2017
More details have emerged about the new sixth generation of the BMW M3 just as the German premium practically announced the end of the current-gen 3 Series with the unveiling...
by - November 17, 2017
All is set for Volkswagen’s plans to enter the electric vehicle game, as prompted by the so-called Dieselgate scandal. In fact, the German carmaker has already made a commitment to...
by - November 17, 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