Skoda Auto to export vehicle kits from India to Vietnam for assembly from 2024

Mumbai, May 8 (KNN) Skoda Auto bas said that from next year the company will start exports of vehicle kits for assembly in Vietnam from India. 

The Czech car maker said that with this India will become an export hub for the company, reported ET Auto.

The company, which posted a whopping 125 per cent year-on-year surge in its vehicle sales at 53,721 units in 2022.

It also sounded hopeful of growing into double-digit this year as well. 

Similarly, the sales of Volkswagen Group grew 85.48 per cent year-on-year at 1,01,270 units in the previous calendar year. 

The Group is present through Skoda Auto, Volkswagen, Audi, Porsche and Lamborghini brands under Skoda Auto Volkswagen India Pvt Ltd (SAVWPIL). 

“India is an absolutely important market as part of our regional strategy of Skoda Auto, and India will become an export hub for Skoda,” Petr Solc, Brand Director at Skoda Auto India told PTI in an interaction. 

Volkswagen is already exporting vehicles from India to Mexico and South Africa while Skoda Auto is exporting to the Middle East and North Africa. 

“From next year we will start exporting vehicle kits for assembly in Vietnam,” Solc stated.  (KNN Bureau)