Skoda has sold more cars in India than China in the first nine months of 2022.
First Published Nov 1, 2022, 9:31 PM IST
Skoda has sold more cars in India than China in the first nine months of 2022. Czech carmaker Skoda has released its sales figures for the first nine months of 2022. According to Skoda, the measures introduced under its performance program are proving to be yielding results. India is seeing strong demand for Skoda’s Kushak SUV and Slavia sedans, growing in its importance as a global market. According to the company, Skoda expects a strong positive operating profit for the full year due to high order backlog and sharp increase in deliveries in the important growth market of India (+186.9 %).
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Skoda India sold a total of 38,300 units in the January-September 2022 period, registering a growth of 187% and accounting for 7% of Skoda’s total sales of 544,500 units. This strong market performance means that sales in the first nine months of 2022 have already exceeded full-year sales in 2021, ahead of China (36,300 units, -31% year-on-year) and Russia (16,600 units, -77% year-on-year). The major growth drivers for the Indian market were the Kushak with 19,500 units and the Slavia with 15,400 units. Demand for Skoda vehicles is high. We are doing our best to keep up with the still high order backlog. We want to move forward with a very successful growth in the Indian market.
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Our deliveries in India have already surpassed the previous year’s end. We want to build on this important growth market, says Martin John, Sales and Marketing Member of the Skoda Auto Board. Skoda’s global sales fell 22.3% year-on-year to 544,500 vehicles in the January-September period. In a statement by Skoda, the current supply strain due to global events; The war in Ukraine, a significant increase in raw material and energy prices, ongoing shortages of semiconductors and unstable supply chains all weighed heavily on the Czech carmaker’s quarterly results.
Last Updated Nov 1, 2022, 9:31 PM IST
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