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Skoda growing from strength to strength

By SYF77 on 14 Jan 2011

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The once ailing Czech automaker is turning out to be a solid investment for the Volkswagen Group as the Czech automaker is breaking one sales record after the other. This is a case whereby a Cantonese would describe as “salted fish turning live again”.

In year 2010, Skoda Auto recorded its best ever sales, delivering 762,000 vehicles which represents an increase of 11.5% over 2009 when it sold 684,200 units. Furthermore, the company broke the threshold of three quarters of a million vehicles sold in a single year for the first time in its history.

Prof. Dr. h.c. Winfried Vahland, Chairman of the Board of Skoda Auto, has the following comments on the company’s stellar performance:

“In 2010, Škoda achieved an outstanding performance. In almost all markets, we have had significant growth and increased our market share. Once again, our sales have risen at a double-digit pace. In the most significant developing markets, our growth rates are above 40%. Within the framework of the Škoda growth strategy, we will shift up a gear in the coming years. By 2018, we want to at least double our worldwide sales. In order to do so, we will clearly expand the Škoda model range and strengthen the activities in international markets."

I feel that Skoda needs a sports coupe (like the Scirroco) in its range to enliven up the company’s image and connect with the younger group of buyers. In the meantime, the following models are available to the local buyers including the recently launched Fabia VRS.

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Written by SYF77
I have been a car fanatic since 1989, when my father was changing our family car then to a Toyota Corolla 1.6 GL fitted with a Twin Cam 16 valve engine that was carburetor-fed, a big deal back in those days. The automobile technology and industry fascinates me and I hope to broadcast these interesting developments to everyone out there through this blog.

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