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."