Page 3 - Skoda

India key to Skoda Auto's global expansion, says CEO Klaus Zellmer

India is the most promising growth market for Skoda Auto and the country will play a crucial role in the company's international expansion, the Czech automobile firm's global CEO Klaus Zellmer said on Tuesday. In a virtual address, Zellmer talked about the company's roadmap for India and said Skoda will enter the compact SUV segment in India in a year and also launch its electric vehicle in the market. Skoda Auto India is looking to increase its share in the Indian market to 5 per cent by 2030. "We are continually growing our capacity to respond quickly to the global markets. It is here that India plays crucial role. Europe is important as a core market, but our strategic focus is on growing a new international foundations so that we can stand on two strong legs," Zellmer said. Further, he said, "India is a key contributor to our global growth and the most promising growth market for the years to come. "Strengthening our India operations also strengthens our wider internationalisa

Volkswagen Group's auto sales up 8% in India, reached 145,713 units in 2023

European auto major Volkswagen Group's car sales in India grew around 2 per cent year-on-year to 145,713 units in 2023, the company said on Monday. Of this, domestic sales stood at 101,465 units, while 44,248 units were exported, it said in a statement. The company had sold 134,667 cars in the January-December period of 2022. Skoda Auto Volkswagen India has five luxury car brands -- Skoda, Volkswagen, Audi, Porsche, and Lamborghini -- under it. The group maintained steady sales momentum in 2023, with domestic sales soaring past 100,000 units for the second year in a row, the company said. Exports grew 32 per cent year-on-year with 44,248 units shipped from India, underlining the company's expanding global reach, it said. Additionally, the group's overall customer deliveries witnessed a 4 per cent growth in the domestic market, indicating a robust market presence, the company said. It also said the group delivered over 10,000 cars in December last year alone, adding that Made-in-

Skoda Auto Volkswagen India to commence exports to Vietnam from 2024

koda Auto Volkswagen India Pvt Ltd on Tuesday said it will start exports to Vietnam from 2024 as part of its strategy to accelerate export operations in the ASEAN region. The company, which has inaugurated its parts expedition centre (PEC) at the Volkswagen group's headquarters in Chakan, Pune, said 'made-in-India' kits will be shipped from India to Vietnam for final production. The centre is spread over 16,800 square feet and it has an initial capacity of 27,000 car sets annually for Vietnam and has the infrastructure to scale up to 40,000 car sets annually, koda Auto Volkswagen India Pvt Ltd (SAVWIPL) said in a statement. "With the opening of the parts expedition centre, we are building a bridge between India and Vietnam and setting the stage to unleash significant synergies between these two key markets," koda Auto Board Member for Production and Logistics Andreas Dick said. While Vietnam will be the first phase, the PEC is geared to serve several emerging markets in the ASEAN .

TATA AutoComp signs pact with Skoda group to make transportation components

TATA AutoComp Systems on Wednesday said it has signed an initial pact with Skoda Group for a strategic partnership to jointly produce components for the railways, metro and bus segments. The company in a statement said it has significant play in providing systems and components for electric vehicles and the association with Skoda Group will further strengthen its presence by bringing the latest electrical equipment and components for the three segments. Tata AutoComp is into manufacturing of multiple components, systems and aggregates for passenger and commercial vehicles, two and three-wheelers as well as for farm and off-road equipment, among others. It provides these products and services to domestic and global automotive OEMs as well as Tier 1 suppliers. The agreement with Skoda Group sets the framework for a strategic joint venture aimed at producing components for the growing Indian railway and public mobility market, Tata AutoComp said in a statement. "This association with

Maruti Suzuki's Dzire best-selling compact sedan of FY23; check full list

Available in petrol, CNG, and electric versions, Tata's Tigor clocked sales of 46,174 units, 93% up year-on-year

Maruti Suzuki's Dzire best-selling compact sedan of FY23; check full list

Available in petrol, CNG, and electric versions, Tata's Tigor clocked sales of 46,174 units, 93% up year-on-year

We hope to capture 5% of the market by 2025: Skoda's Piyush Arora

We project an automotive growth of 6-7 per cent a year in the next decade and electrification growing between 15 and 25 per cent in that time

Skoda making in India for the world, says MD & CEO Piyush Arora

'We are looking at 2023 with great expectations. Our aim is to score double-digit growth'

Not even among top 10 in 2021, India was Skoda's 3rd largest market in 2022

Auto maker's India sales volume jumped by as much as 125% last year, says unit sales catching up with its native Czech Republic

Beijing's Covid gloom deepens as China relaxes curbs after protests

Anecdotal evidence suggests that many businesses have been forced to close as infected workers quarantine at home while many other people are deciding not to go out

Nov car sales zoom to record high; Maruti, Hyundai post double-digit growth

Tata Motors saw its despatches jump 55 per cent to 46,425 units during the month

Skoda India reports two-fold increase in November sales at 4,433 units

Skoda Auto India on Thursday reported two-fold increase in sales for November 2022 at 4,433 units. The company had sold 2,196 units in the same month last year. "We have doubled our annual sales this year, over 2021, with a big month of December still to go," Skoda Auto India Brand Director Petr Solc said in a statement. Cumulatively, from January to November 2022, the automaker sold 48,933 units, which is more than double of the 23,858 cars sold in 2021.

Volkswagen testing electric vehicles under Skoda brand for India

The all-electric Porsche Taycan has a starting price of Rs 1.5 crore, while the Audi e-tron price ranges from Rs 99.99 lakh to Rs 1.18 crore

Want to be profitable irrespective of the numbers: Skoda Auto Volkswagen MD

In an exclusive interview with Business Standard, Skoda Auto Volkswagen India MD discusses the company's export and EV plans

Skoda introduces new features in Kushaq as model completes 1 year

Skoda Auto India on Thursday said it has introduced new features in its mid-size SUV Kushaq to commemorate one year of model launch in the country

Skoda enhances presence in North India to cater to customer needs

Skoda Auto India on Monday said it has increased its presence in North India by two folds in the last two years in order to cater to the increased demand in the region

Skoda Slavia looks to Czech mate sedan segment

Skoda Slavia rear seating offers ample legroom and is comfy with functional compartments and fittings, making this a strong and more price-efficient corporate executive sedan versus Skoda Superb.

Skoda reports best monthly sales in March; dispatches rise to 5,608 units

Skoda Auto India on Friday reported a five-fold increase in its sales to 5,608 units in March compared to 1,159 units in the same month last year.

Volkswagen unveils new mid-sized sedan Virtus in India; launch in May

The company has commenced pre-bookings for the new model which competes with the likes of Honda City, Hyundai Verna, Maruti Suzuki Ciaz and Skoda Slavia

Skoda set to play part in India green mobility space, mulls EV launch

The automaker, which is witnessing a turnaround in its domestic business, however, has no plans to get into the CNG space in the immediate future