The Registrations of Skoda vehicles in Germany attained a value of 181,198 Units in 2020
The indicator recorded a historical decline (CAGR) of 2.29% between 2017 to 2020, and is expected to grow by...
GlobalData projects the indicator to grow at a CAGR of...
Vehicle industry in Germany post pandemic
The German car manufacturing industry, which is the largest in Europe, declined in both value and volume terms over the historic period. The industry suffered a particularly steep decline in 2020 amid the COVID-19 pandemic. The industry looks set to recover in the forecast period. Like much of the rest of Europe, car sharing start-ups have dented growth in Germany’s sales, as an increasing number of Germans, especially those belonging to the younger segments of society, opt to share vehicles rather than purchase their own due to financial restraints or environmental reasons. Car2Go, which is owned by Daimler AG, is a prime example of a successful car sharing platform that has cemented its position, especially in the urban centers of Germany.
Skoda Auto AS
Skoda Auto AS (Skoda Auto), a subsidiary of Volkswagen AG, is an automobile manufacturer in the Czech Republic. The company involves in the development, production and distribution of passenger cars, sports utility vehicles, engines and parts, and car accessories. Skoda Auto's product portfolio includes Citigo, Fabia, Rapid, Fabia Combi, Yeti, Octavia, Karoq, Kodiaq and Superb. The company offers its products and services through a network of dealers worldwide. Skoda Auto has production plants located in Kvasiny and Vrchlabi in the Czech Republic. It also manufactures Skoda cars in overseas locations such as China, India, Russia, Ukraine, Slovakia, and Kazakhstan. Skoda Auto Auto is headquartered in Mlada Boleslav, the Czech Republic.
Products & Services
Its products and services widely range into Utility Cars, Engines, Parts, Car Accessories, Repair, and Maintenance. Skoda’s flagship brand is SKODA.
Past performance
2019 was a good year for SKODA. Despite shrinking markets, the brand successfully continued the largest model initiative in its history and made an important contribution to the VOLKSWAGEN Group’s positive annual results. The brand and product strategy is taking effect. The company is therefore well positioned to successfully continue its growth in the segment of price- and function- -oriented customers. Within the Volume brand group, SKODA will in future be responsible for the development of the new VOLKSWAGEN Passat and SKODA SUPERB generation. The aim is to develop technical solutions for the entire model family in a uniform manner. This will save costs and effort for prototypes and test vehicles.
In addition, the colleagues have been committed to driving forward the Group project INDIA 2.0. The new development centre has been opened and the merger of the individual companies to form SKODA AUTO Volkswagen India Private Limited has been completed. With two SKODA and two VOLKSWAGEN models each developed for the local market and produced locally, the brand now bears overall responsibility for the important Indian market. SKODA gave an outlook on the new INDIA 2.0 model portfolio at the Delhi Motor Show. The brand has also taken over the regional management responsibility for the Russia region within the Group.
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