Industry / Czech Republic
Škoda's Car Sales Decline 2.6% In 2009
January 2010 | Company BriefNews: The car sales of Škoda Auto, the Czech subsidiary of German auto manufacturer Volkswagen (VW), reached 56,504 units in 2009, down 2.6% year-on-year (y-o-y). The company sold 58,001 cars in the Czech market in 2008. Škoda attributed the decline in sales to the global economic slowdown and said that the new car market in the country fell by 11% y-o-y.
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