Skoda increases car sales 5% in February

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PRAGUE (Reuters) -- Skoda increased global sales by 5 percent in February to 70,200 vehicles. Volkswagen Group's Czech unit was boosted by strong European demand for the new-generation Octavia.

Skoda's sales in Europe grew by 16 percent, while the number of Octavia compacts sold in western and central Europe jumped by a third, Skoda said on Wednesday, adding that its deliveries have risen for six consecutive months.

The automaker has said it is on the "right track" to reach its target of selling 1 million cars globally for the first time in 2014.

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