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Skoda Aims Double Production in Five Years

Czech manufacturer Skoda wants to double production in the next five years to eventually reach 1.5 million vehicles per year. Operating under Volkswagen Group's ownership, the carmaker hopes that its sales will develop better than the overall auto industry, aiming to beat the 4 percent increase forecast for the auto sector, Skoda Chief Executive Officer Winfried Vahland said according to a report by local newspaper Hospodarske Noviny.

Skoda intends to fully benefit from the growth posted by several markets, including those in Europe, Russia, India and China, so expect to see new models sold under the Czech brand reaching these specific locations.

Skoda has performed pretty well in November, letting the company hope the aforementioned goal is totally reachable. India, China and Russia all saw double-digit sales growth. In India, deliveries rose 33.3 percent to 17,800 vehicles in the first eleven months, while China saw an increase of 56.2 percent over the previous year’s level, with 167,000 units sold to date. In Russia, 41,500 vehicles were sold, marking a plus of 37.9 percent.

Overall, Skoda has delivered 702,400 units after the first eleven months of the year, which means the company has already exceeded last year's total figures, namely 684,200 cars.

“Skoda is clearly accelerating and has every chance to grow at a double-digit rate this year. With the strong growth in November, we’re on track to achieve our sales forecast of 750,000 sold vehicles this year. That is a more than solid basis for our ambitious growth objectives for the coming years,”
stated Jorgen Stackmann, board member for Sales and Marketing of Skoda Auto.
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About the author: Bogdan Popa
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Bogdan keeps an eye on how technology is taking over the car world. His long-term goals are buying an 18-wheeler because he needs more space for his kid’s toys, and convincing Google and Apple that Android Auto and CarPlay deserve at least as much attention as their phones.
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