Automakers

Why Skoda CEO fears brand may miss out on sales

Skoda says it could sell over 100,000 more cars a year, including models such as the Karoq, if it had more capacity.
December 06, 2019 10:06 AM

Skoda is a star performer within the Volkswagen Group, consistently delivering margins of about 8 percent. Its biggest issue is a lack of production capacity, which will get worse next year when Skoda launches the replacement for its best-selling car, the Octavia compact model. Without more capacity Skoda will miss out on more than 100,000 additional sales next year, CEO Bernhard Maier said. He spoke about this as well as how the brand is coping with falling demand in China with Automotive News Europe Correspondent Nick Gibbs.

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