India becomes Skoda’s third-largest market in 2022
The Czech brand sold 51,865 cars in 2022, a 128% increase over the previous year.
India has become the third-largest market for Skoda globally. The Czech brand sold 51,865 cars in 2022, a 128% increase over the previous year.
India is now the largest market for Skoda outside Europe. However, Germany remains at the top with 1,34,300 units, followed by the Czech Republic, where the brand sold 71,200 cars. The UK and Poland complete the top 5 with 50,000 and 45,000 units, respectively.
Skoda witnessed a turnaround following the launch of the Kushaq and Slavia. In 2022, it became the 9th largest brand in terms of sales in India. Globally, the carmaker sold 26,800 units of the Kushaq and 20,900 units of the Slavia.
As part of the ‘Next Level – Skoda Strategy 2030’, the brand is now planning to increase its presence in Southeast Asia by entering the Vietnam market, where it aims to sell 30,000 units annually. It is setting up a CKD assembly unit in the country, which is expected to begin operations in H1 2024. CKD kits from Skoda’s Pune plant will be assembled here.
From 2023, Skoda will also import a range of models, including the Karoq, Kodiaq, Octavia and Superb. Post 2025, the company plans to introduce the Enyaq iV and Enyaq Coupe iV in the Vietnam market. It aims to sell 30,000 units annually.
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