. Space Industry and Business News .




.
CAR TECH
Skoda Auto posts record sales with boost from China, India
by Staff Writers
Prague (AFP) April 12, 2012


Skoda Auto, a Czech brand German auto giant Volkswagen, said on Thursday that first-quarter sales rose by 11.8 percent from the level at the same time last year to a record of 242,700 cars, with a boost from China and India.

The car maker said in a statement it had set another all-time high in March when it raised monthly sales by 12.1 percent on a 12-month basis to a record 95,200 units.

"Bucking the trend, we managed to raise sales in the difficult conditions of the global market," said Juergen Stackmann, Skoda Auto board member in charge of sales and marketing.

"In the coming months, we will... expand the range of our models with new, attractive cars," he added.

The company founded in 1895, which sold a record-high 879,200 units in 2011, raised sales in western and eastern Europe including Russia, and posted record sales volumes in China and India in the first quarter.

In China, Skoda Auto sold more than 59,200 cars in the first quarter, up 8.9 percent from the figure a year ago, while Indian clients bought more than 11,500 Skoda cars, a growth of 40 percent.

The top-selling model in the first quarter was Skoda Octavia with 109,400 units sold, ahead of the smaller Skoda Fabia model with 67,800 units.

Skoda said earlier it expected to raise global sales to 1.5 million units by 2018.

Skoda Auto is the biggest car maker in the Czech Republic, where the economy is heavily dependent on the car industry which made up 21 percent of total industrial output and 22 percent of all exports in 2010.

The other large car producers are TPCA, a joint venture of Japan's Toyota with France's PSA Peugeot-Citroen, and South Korea's Hyundai.

The three plants raised combined output by 11.44 percent on an annual basis to a record-high 1,194,981 units last year.

The Czech Republic, a country of 10.5 million which joined the European Union in 2004, posted 1.7-percent economic growth for 2011, fuelled by exports from the three car makers and local car parts producers.

Related Links
Car Technology at SpaceMart.com




.
.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries






.

. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



CAR TECH
China's auto sales fall 3.4% in first quarter
Shanghai (AFP) April 11, 2012
Vehicle sales in China fell 3.4 percent year on year in the first three months of 2012, an industry group said Wednesday, as the world's largest auto market slows. Total vehicle sales for the three-month period reached 4.79 million units, the China Association of Automobile Manufacturers said in a statement. Sales for March rose just 1.0 percent to 1.84 million, it added. China's aut ... read more


CAR TECH
US sues Apple, publishers yield on e-book pricing

Instagram fans moan over slap in the Facebook

Sony straps on Internet-linked wristwatch

An efficient method for solving sound propagation in range-dependent ocean waveguides found

CAR TECH
Fourth Boeing-built WGS Satellite Accepted by USAF

Raytheon to Continue Supporting Coalition Forces' Information-Sharing Computer Network

Northrop Grumman Wins Contract for USAF Command and Control Modernization Program

TacSat-4 Enables Polar Region SatCom Experiment

CAR TECH
Dragon Expected to Set Historic Course

NASA Awards Launch Contract For Goes-R And Goes-S Missions

Spy satellite-carrying rocket blasts off

Orbital Receives Order for Minotaur I Space Launch Vehicle From USAF

CAR TECH
Galileo satellites intensify competition on the market of navigation

Hardware 'bug' hits TomTom nav devices

How interstellar beacons could help future astronauts find their way across the universe

ISS Keeps Watch on World's Sea Traffic

CAR TECH
EU plays down financial impact of carbon tax on airlines

Airborne prayers problem solved for tech-savvy Muslims

Engine failure forces Cathay jet to turn back

China Southern committed to Airbus orders: report

CAR TECH
Chips as mini Internets

Researcher Finds Faster, Cheaper Way To Cool Electronic Devices

Opening the gate to robust quantum computing

Controlling quantum tunneling with light

CAR TECH
ITT Exelis delivers imaging system for next-generation, high-resolution GeoEye-2 satellite

Biggest environment satellite goes silent

NASA Views Our Perpetual Ocean

NASA Sees New Salt in an Ancient Sea

CAR TECH
Black carbon ranked number two climate pollutant by US EPA

35,000 gallons of prevention

State of the planet

Oil from Deepwater Horizon disaster entered food chain in the Gulf of Mexico


Memory Foam Mattress Review

Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement