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]

Topics: skoda, china, production, ceo

If you liked the article, share on:

Comments

Recommended

The current generation of the BMW M3 (F80) sedan isn’t just sporty and luxurious in terms of looks, but also in terms of performance. Because of its athletic appeal, the...
by - August 21, 2017
A lot of us know Singer Vehicle Design and their signature work of reimagining Porsche 911s, and making them look like hot rods from the 70s. They are not alone...
by - August 20, 2017
August 17, 2017 is a sad day for the Dodge Viper, its fans, enthusiasts and its admirers. It is the day when the last Dodge Viper rolled off the assembly...
by - August 20, 2017
A few months ago, Mercedes-Benz promised that they will be treating everyone to a “big surprise” during the Monterey Car Week. And true enough, many of us were stunned as...
by - August 19, 2017
McLaren has already shown some interest in electrifying their models. And initially, we thought that they will just use hybrid systems to use across their current lineup. Nevertheless, we have...
by - August 19, 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