'We aim to hedge the dependency on Europe with more markets': Klaus Zellmer
With its recent foray into Vietnam with a major reliance on CKD kits from India, Skoda aims to diversify its business outside of Europe where it is the No. 4 PV player. Skoda eyes 30,000-40,000 units in the Vietnamese market by 2030.
25 Apr 2025
1370 Views
Share -
Czech carmaker Skoda Auto, which is a key player in the European market by clinching the No. 4 spot in the PV segment, has recently forayed into Vietnam, by partnering with local conglomerate - Thanh Cong Group (TC Group) - which will locally assemble the made-in-India Skoda Slavia and Kushaq shipped as CKD units.
In this video, Skoda Auto CEO and Chairman of the Board, Klaus Zellmer, reveals the carmaker's strategy around this move, as well as outlines the company's vision of clocking around 30,000-40,000 units, including additional models imported from Europe, in the Vietnamese market by 2030.
VIDEO:
RELATED ARTICLES
'Local accountability, global strength model is our key pillar': BorgWarner's Dwarka Simili
Autocar Professional Bureau
19 May 2025
With a strategic plan of strengthening the technical capabilities at its India Propulsion Engineering Centre (IPEC) in B...
'EVs to touch 5% market penetration by end-2025': Zeon Charging's Karthikeyan Palanisamy
Autocar Professional Bureau
16 May 2025
From 2% market penetration last year, to consistently staying above 3% in CY25, EV adoption in the Indian passenger vehi...
'Modern diesel engines will continue to improve': Cummins India's Nilesh Deshpande
Autocar Professional Bureau
15 May 2025
In this interview, Nilesh Deshpande, Director - Engineering, Engine Business, Cummins India, talks about how the company...
