Skoda's global sales to grow 6.9% in 2024, with poor performance in the Chinese market

According to the latest data released by Skoda Auto, a subsidiary of Volkswagen Group, the global sales of the Skoda brand will reach 926,600 vehicles in 2024, a year-on-year increase of 6.9%. This is the second consecutive year that Skoda has achieved sales growth, and its global sales in 2023 increased by 18.5% year-on-year. However, its performance in the Asian market, especially in China, is very bleak.