Skoda currently preparing a low-cost platform for India and it will give rise to a number of new products in the near future
At the annual press conference, Skoda has announced a number of plans pertaining to future developments and launch of new products. As much as 19 new vehicles will be introduced by the end of this decade. The Swedish automaker has not revealed the specifics of each model but there are some confirmations made.
One of the significant models is a production version of the Vision X Concept that debuted at the 2018 Geneva Motor Show in Switzerland. It will be rolled out of manufacturing lines alongside the electric Citigo and plug-in hybrid variant of the Superb sedan. Next year, they will be launched along with other environmental-friendly vehicles.
The Skoda Vision E concept is also headed to production in 2020 and it will be a pure electric vehicle based on the Volkswagen Group’s MQB platform. The same architecture will be used in a myriad of Volkswagen vehicles such as the ID branded Crozz and Buzz.
The company is making a huge investment of around $2.4 billion into what is called as ‘electromobility’ and new mobile services during the course of next half a decade. The investment will help achieve Skoda the target of selling ten electric vehicles in the international markets by 2025.
Apart from releasing plans for the future, Skoda has stated that 2017 was the brand’s most successful year till date. A total of 12,00,500 vehicles were retailed resulting in operating profit of about $ 1.9 billion. The improve cost positions and good amount of sales of its latest SUVs are described as the major factors for the success last year.
The Kodiaq and Karoq have reached customers in aplenty while the Octavia was the most sold vehicle in the global lineup. The range-topping Kodiaq registered 1,00,000 units the whole year while the Karoq accounted for 6,500 deliveries in December 2017. With a total of 3,25,000 unit sales, China led other nations as the largest market for Skoda and it was followed by Germany, Czech Republic and United Kingdom.