Skoda plans to build 1 million cars by '12

  1. Welcome to GM Inside News Forum – General discussion forum for GM

    Welcome to GM Inside News Forum - a website dedicated to all things GM.

    You are currently viewing our forum as a guest, which gives you limited access to view most discussions and access our other features. By joining our community, at no cost, you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is free, fast and simple, Join GM Inside News Forum today!
Results 1 to 2 of 2

Thread: Skoda plans to build 1 million cars by '12

  1. #1
    6.2 Liter LS9 Supercharged V8 1931Chevy's Avatar
    Join Date
    Jan 2006
    Thanked 3 Times in 1 Post

    Skoda plans to build 1 million cars by '12

    Skoda, the Volkswagen-owned Czech brand that produces true "people's cars," used to be the butt of every joke in Europe. But Skoda, one of the four oldest car brands in the world, has seen high success under tutelage and expects to break the 1 million units per year mark in just five years.

    In 2007, Skoda anticipates selling more than 600,000 cars, Skoda CEO Detlef Wittig said in an interview with Automotive News Europe. Skoda was the VW Group's most profitable line in the first six months of '07, with more than four times the profit margin of the VW unit. Skoda has been owned by Volkswagen since 1990, when the former Soviet state - then Czechoslovakia - introduced privatization.

    Wittig says that Skoda's success in emerging markets like India, Russia and China are responsible for a lot of the success, but the fresh product line has also seen great success in Europe, where it is often viewed as "what VW used to be," makers of well engineered cars for the masses. And in some ways, Skoda truly is what VW used to be: much of the newer features in Skodas was passed down from VWs.

    No word on U.S. or Canadian sales, although Skoda is set to return to the Australian market this fall after a 24-year hiatus.
    “We are masters of our own destiny,” he said. “We make our own decisions. And we intend to keep it that way.” Bill Ford May/09
    By Mark Fields
    "Perform or the bank will own us"
    Buying GM cars since 1931Hidden Content
    Hungry ,eat your import

  2. Remove Advertisements
    GM Inside News

  3. #2
    TDi is offline
    2.4 Liter SIDI ECOTEC
    Join Date
    Oct 2005
    SA, Australia
    Thanked 0 Times in 0 Posts

    Re: Skoda plans to build 1 million cars by '12

    Yep, the Skoda Fabia, Octavia and Roomster MPV will be on sale at the Australian International Motor Show in Sydney, come October. Can't wait to see them there!!

  4. Remove Advertisements
    GM Inside News

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
Powered by vBadvanced CMPS v4.1.2