Russia was the second largest market for Škoda Auto, selling 90,400 cars in 2021

by   CIJ News iDesk III
2022-03-01   08:52
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The Russian market is one of the most important markets of the Škoda brand in the world. In 2021, Russia was her second largest market. Škoda Auto sold 90,400 cars here. In the event of sanctions being imposed on Russia, an impact on the company's finances can be expected, the carmaker announced today.

So far, Ukraine has also represented a stable market with sales of around 6,000 Škoda cars per year. Since 2002, the plant in Ukraine has produced approximately 190,000 Škoda cars. Last year, Škoda Auto delivered 878,200 cars worldwide last year. This is a year-on-year decrease of 126,600 cars. The reason for the decline is the coronavirus pandemic and the critical shortage of chips in on-board electronics.

The Mladá Boleslav-based carmaker Škoda Auto has had to reduce production from this week due to the Russian invasion of Ukraine. It faces a critical shortage of parts from several local suppliers in Ukraine, which has an impact on certain models. The damage had to reduce, for example, the production of the electric SUV Enyaq iV. Škoda Auto, the company announced.

The carmaker is currently donating ten million crowns to the Czech non-profit NGO People in Need to help Ukraine. The Volkswagen Group, including the carmaker Škoda Auto, has received reports of Russian attacks on Ukraine with great concern and concern. We hope for a speedy cessation of hostilities and a return to diplomacy. priority, announced Škoda Auto.

Source: Škoda Auto and CTK

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