Skoda Considering Exit From China Due To Strong Competition | Carscoops carscoops ⚠️
, with an exit from the biggest car market in the world as one of the possible outcomes in the face of strong competition. Such a move would help VW Group boost the core VW brand’s presence in China, and allow Skoda to focus on other, more profitable markets., Klaus Zellmer, Skoda’s CEO, said: “We will look together with our Chinese joint venture partner at how we want to continue there”.
Zellmer said: “If we want to focus our efforts, it’s worth looking at the scenarios and then deciding”. One of these options would be for Skoda to end local production of vehicles, limiting its offerings to imported models.
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