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Czech carmaker Škoda expands in Southeast Asia with new Vietnam plant
Prime Minister Petr Fiala visited the site of the new Škoda plant in Vietnam
during his trip to Asia this weekend.
[41]Expats.cz Staff
Written by [42]Expats.cz Staff Published on 24.04.2023 08:30:00
(updated on 23.04.2023) Reading time: 2 minutes
[43]Daily News
Škoda Škoda logo at dealership. Photo: iStock / BalkansCat
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Czech carmaker Škoda Auto is [46]poised to enter the Vietnamese market
with a construction of a new plant in the Quang Ninh province. Czech
Prime Minister Petr Fiala visited the site of the new plant this
weekend during his trip through Asia.
Fiala met with local officials and executives from Thanh Cong Motor,
who are partnering with Škoda Auto in the Vietnamese market.
[47]Advertisement [48]Wolt - In-article banner (Food & Drink, Daily
News)
"In many countries, Škoda is the main thing that people associate with
the Czech Republic, so it is an informal ambassador of our industry and
our country to the world," the Prime Minister told journalists this
weekend.
I visited the building site of the new Å koda Auto factory and its
local partner TC Motor.
I appreciate that Å koda is expanding into South-East Asia and
entering this promising market, which is the gateway to the whole of
ASEAN.
The production of cars should start next year andâ¦
[49]pic.twitter.com/8L7N4Z6Fwj
— Petr Fiala (@P_Fiala) [50]April 22, 2023
"It is, therefore, great that [Škoda] is strengthening its presence in
Asia and entering this highly dynamic and extremely promising market,"
he added.
Later this year, Škoda will import some of its European models for sale
on the Vietnamese market. The new plant will assemble Škoda models
Kushaq and Slavia as of 2024, with parts provided by Škoda's production
plant in India.
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Škoda will enter the market later this year with its Kodiaq and Karoq
models, with Superb and Octavia vehicles joining them 2024. The
fully-electric Enyaq iV will also debut Vietnamese market at a later
date. Each of these models will arrive fully-assembled from Europe.
"Škoda Auto will be entering the Vietnamese market this year, with its
first dealerships opening in July, and we will also start selling the
first cars at that date," Škoda Auto Member of the Board of Directors
Martin Jahn told journalists at the new plant.
"First, we will import Kodiaq and Karoq cars from the Czech Republic
and at the end of next year, we will launch the production of Indian
models Slavia and Kushaq."
Jahn added that the first Škoda dealerships would be located in Hanoi,
Da Nang and Ho Chi Minh City, and that a total of 30 dealerships would
open over the next few years. He also stated that Škoda aims to sell up
to 40,000 vehicles per year in Vietnam.
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world
Škoda's new production facility in Vietnam will employ a total of more
than 700 people. In a press release, the company stated that the
construction of the new plant is an important step as it seeks
expansion in foreign markets.
[57]#automotive [58]#business [59]#cars [60]#Škoda [61]#Skoda Auto
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