Interfax reports that Ukrainian carmaker Evrokar plans to start producing Skoda Fabia cars early in June. Evrokar currently assembles Skoda Octavia cars.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


Interfax says that Evrokar plans to increase production to 45,000 cars per year in 2003-2004 after implementing the second phase of its investment project. The first phase of the project will allow production of up to 15,000 cars a year.


Skoda plans to invest USD 15 mln in the project, and will raise that to USD 50 mln should the project prove successful.


Interfax also reports that Skoda sales in Ukraine in 2001 reached 4,212 units and the company is the leading car importer.


 

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Auto Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Auto Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now