VW Group's Skoda Division Sets New Record in 2010 with 762,600 Sales

The once ailing Skoda brand is turning out to be a solid investment for the Volkswagen Group as the Czech automaker is breaking one sales record after the other. In the year that just passed on, Skoda Auto recorded is best-ever sales results 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.

Commenting on the results, Prof. Dr. h.c. Winfried Vahland, Chairman of the Board of Skoda Auto said:

“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."

READ MORE - VW Group's Skoda Division Sets New Record in 2010 with 762,600 Sales

VW Group's Skoda Division Sets New Record in 2010 with 762,600 Sales

The once ailing Skoda brand is turning out to be a solid investment for the Volkswagen Group as the Czech automaker is breaking one sales record after the other. In the year that just passed on, Skoda Auto recorded is best-ever sales results 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.

Commenting on the results, Prof. Dr. h.c. Winfried Vahland, Chairman of the Board of Skoda Auto said:

“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."

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READ MORE - VW Group's Skoda Division Sets New Record in 2010 with 762,600 Sales

VW Group's Skoda Division Sets New Record in 2010 with 762,600 Sales

The once ailing Skoda brand is turning out to be a solid investment for the Volkswagen Group as the Czech automaker is breaking one sales record after the other. In the year that just passed on, Skoda Auto recorded is best-ever sales results 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.

Commenting on the results, Prof. Dr. h.c. Winfried Vahland, Chairman of the Board of Skoda Auto said:

“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."

_______________________________GALLERY_______________________________

READ MORE - VW Group's Skoda Division Sets New Record in 2010 with 762,600 Sales

VW Group's Skoda Division Sets New Record in 2010 with 762,600 Sales

The once ailing Skoda brand is turning out to be a solid investment for the Volkswagen Group as the Czech automaker is breaking one sales record after the other. In the year that just passed on, Skoda Auto recorded is best-ever sales results 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.

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READ MORE - VW Group's Skoda Division Sets New Record in 2010 with 762,600 Sales

New VW Passat Lingyu: Skoda-Based Sedan Makes World Debut in Shanghai

On the opening day of the Auto Shanghai 2009, Volkswagen lifted the covers on its new domestic market mid-size sedan, the Passat Lingyu. For those that like paying attention to details, the Lingyu is essentially a previous-generation Skoda Superb with a new front and rear-end design. If you're not already confused, then this will help: in turn, the previous Skoda Superb was based on the last generation Passat featuring a longer wheelbase and different nose and tail design...

Like its Czech counterpart, the Passat Lingyu has a 2803mm long wheelbase offering plenty of space for the rear passengers. Volkswagen's China-built Passat will be available with various powertrains including a V6 engine and a 1.8-liter turbocharged 4-cylinder gasoline unit with 160HP that returns 6.2lt/100km or 38mpg US.

During VW's press conference in Shanghai, Dr. Winfried Vahland, President and CEO of Volkswagen Group China, said: "VW sales figure in the first quarter of this year has clearly exceeded our expectation at the beginning of the year. We have complemented our product portfolio with our new locally produced stars Passat New Lingyu and New Golf. Additionally, we have displayed the most advanced and environment-friendly technologies."

source: http://carscoop.blogspot.com

READ MORE - New VW Passat Lingyu: Skoda-Based Sedan Makes World Debut in Shanghai