Skoda Auto considers its withdrawal from China

17:50 - 12.12.2022


December 12, Fineko/abc.az. Czech automaker Skoda Auto is considering the matter of its withdrawal from China. The final decision will be made next year, ABC.AZ quotes company’s CEO Klaus Zelmer.

He said that there is quite fierce competition, so together with a partner in a Chinese joint venture, they will think about what to do next.
Zelmer added that Skoda now wants to focus more on India.

"No decision has yet been made on a possible change in strategy," the company explained.