Skoda Auto Opens New Assembly Plant in Vietnam

Skoda Auto has officially launched a new production facility in Quang Ninh province, Vietnam, marking a significant step in its international growth strategy. The plant will initially assemble the Kushaq SUV, with plans to start production of the Slavia sedan later in the summer. This facility, which began operations on March 26, utilizes advanced manufacturing technologies and aims to leverage synergies with its Indian operations by importing completely knocked-down (CKD) kits. Klaus Zellmer, CEO of Skoda Auto, highlighted the plant's role in enhancing the company's presence in the rapidly growing Vietnamese automotive market. Additionally, the company plans to expand its dealership network in Vietnam from 15 to 32 by 2025. The strategic location near Haiphong port ensures efficient logistics and supports the goal of increasing localization in production to cater to domestic and regional market demands.