CZECH REPUBLIC: Skoda increases production target to 616,000
VW Group subsidiary, Skoda, has increased its production target for the current year by 6.2% to 616,000 vehicles. Previously it had forecast production of 580,000 vehicles in 2007.
VW Group subsidiary Skoda has increased its production target for the current year by 6.2% to 616,000 vehicles. Previously it had forecast production of 580,000 vehicles in 2007.
The figure appeared in an interview with a Czech financial weekly.
To meet demand in 2008, Skoda personnel director Martin Jahn said, the company would need to produce 650,000 cars.
Skoda sales are booming. In the first quarter of this year its volume was up 15.5% to 150,000 units and that was before the new redesigned Fabia went on sale across Europe.
Skoda is, in fact, one of the only brands growing in Germany’s currently depressed market.
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