VW’s Skoda Auto likely to boost production by 400,000 cars

The CEO of Skoda Auto, a unit of VW, disclosed this news, which could potentially involve making a new auto plan, at the Paris car show.

Bernhard Maier, the Chief Executive of Volkswagen’s Czechoslovakian brand Skoda Auto stated, the carmaker will need to to increase its capacity in Europe by 400,000 cars annually from the start of 2020.

Czech news agency CTK quoted Maier saying at the Paris car show that VW could boost capacity at its Czech plants; this could also mean the construction of a new plant altogether, said CTK.

More clarity is likely to emerge by the beginning of 2019, said the CTK report.

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Categories: Creativity, Economy & Finance, Entrepreneurship, HR & Organization, Strategy

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