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Škoda Auto to enter Vietnam next year, India plant to supply CKD kits from 2024
Read more at:
https://auto.economictimes.indiatim...a-plant-to-supply-ckd-kits-from-2024/94728892
Skoda Auto has signed a cooperation agreement with TC Motor to distribute some models from 2023 and start assembly in 2024.
Skoda European cars can return to Vietnam to fight a series of Korean and Japanese cars
Skoda plans to manufacture and assemble vehicles in Vietnam, competing with Korean and Japanese firms
The signing ceremony of a cooperation agreement between Skoda Auto (Czech Republic) and Thanh Cong Motor took place on October 7. TC Motor will undertake vehicle distribution and production from 2023.
It is expected that in 2023, Skoda through TC Motor will distribute Kodiaq, Karoq, Superb and Octavia cars, imported CBU from Europe. These are the popular CUV/SUV and sedan models of this brand.
European car company Skoda shakes hands with Hyundai Thanh Cong, selling cars in Vietnam from next year - Photo 2.
Skoda Kushaq in the Indian market - Photo: Altrus
With the vehicle assembly plan, the Czech brand said it will proceed with two Kushaq SUVs and Slavia sedans, starting from 2024. According to Skoda's announcement, two CKD models will be assembled at the new TC factory. Motor in Quang Ninh. Further planning to 2025, Skoda will add two more electric car product lines Enyaq IV and Enyaq Coupe IV.
According to Skoda, TC Motor's production line is under construction and is expected to be completed in the first half of 2024, in order to keep up with the car assembly plan from the end of the year.
Initially, the company will prioritize the installation of the Kushaq CUV model and open pre-orders from the first half of 2024, while the Slavia sedan will receive orders from the fourth quarter. Assembly components are mainly imported from the Skoda factory in Pune city. India).
European car company Skoda shakes hands with Hyundai Thanh Cong, selling cars in Vietnam from next year - Photo 3.
Skoda's development roadmap in Vietnam market - Photo: Skoda
Skoda's first showrooms in Vietnam are expected to be in Hanoi and Ho Chi Minh City, where the majority of cars are sold. The Czech automaker's plan is to expand its dealer network.
Skoda expects to be able to achieve sales of up to 30,000 vehicles in the first phase and over 40,000 units from 2030. The basis for this expectation partly lies in the potential of Vietnam's automobile market and trade agreements, which are gradually removed. Eliminate import duties from 2030 on European goods.
With the cooperation with TC Motor, Skoda will increase its presence in Southeast Asia. Currently, Singapore is the brand's only market in the region. Skoda is a member of the Volkswagen Group.
tuoitre.vn
Read more at:
https://auto.economictimes.indiatim...a-plant-to-supply-ckd-kits-from-2024/94728892
Skoda Auto has signed a cooperation agreement with TC Motor to distribute some models from 2023 and start assembly in 2024.
Skoda European cars can return to Vietnam to fight a series of Korean and Japanese cars
Skoda plans to manufacture and assemble vehicles in Vietnam, competing with Korean and Japanese firms
The signing ceremony of a cooperation agreement between Skoda Auto (Czech Republic) and Thanh Cong Motor took place on October 7. TC Motor will undertake vehicle distribution and production from 2023.
It is expected that in 2023, Skoda through TC Motor will distribute Kodiaq, Karoq, Superb and Octavia cars, imported CBU from Europe. These are the popular CUV/SUV and sedan models of this brand.
European car company Skoda shakes hands with Hyundai Thanh Cong, selling cars in Vietnam from next year - Photo 2.
Skoda Kushaq in the Indian market - Photo: Altrus
With the vehicle assembly plan, the Czech brand said it will proceed with two Kushaq SUVs and Slavia sedans, starting from 2024. According to Skoda's announcement, two CKD models will be assembled at the new TC factory. Motor in Quang Ninh. Further planning to 2025, Skoda will add two more electric car product lines Enyaq IV and Enyaq Coupe IV.
According to Skoda, TC Motor's production line is under construction and is expected to be completed in the first half of 2024, in order to keep up with the car assembly plan from the end of the year.
Initially, the company will prioritize the installation of the Kushaq CUV model and open pre-orders from the first half of 2024, while the Slavia sedan will receive orders from the fourth quarter. Assembly components are mainly imported from the Skoda factory in Pune city. India).
European car company Skoda shakes hands with Hyundai Thanh Cong, selling cars in Vietnam from next year - Photo 3.
Skoda's development roadmap in Vietnam market - Photo: Skoda
Skoda's first showrooms in Vietnam are expected to be in Hanoi and Ho Chi Minh City, where the majority of cars are sold. The Czech automaker's plan is to expand its dealer network.
Skoda expects to be able to achieve sales of up to 30,000 vehicles in the first phase and over 40,000 units from 2030. The basis for this expectation partly lies in the potential of Vietnam's automobile market and trade agreements, which are gradually removed. Eliminate import duties from 2030 on European goods.
With the cooperation with TC Motor, Skoda will increase its presence in Southeast Asia. Currently, Singapore is the brand's only market in the region. Skoda is a member of the Volkswagen Group.
Hãng xe châu Âu Skoda bắt tay TC Motor, bán xe tại Việt Nam từ năm sau
Skoda Auto đã ký kết hợp tác với TC Motor để phân phối một số dòng xe từ năm 2023 và bắt đầu lắp ráp năm 2024.
