Skoda will not withdraw from the Chinese market

At the 2024 Chengdu Auto Show, Fu Qiang, Executive Vice President of Sales and Marketing of SAIC Volkswagen, said, "Skoda is an integral part of SAIC Volkswagen. We are now integrating our sales network, and we can sell both Volkswagen and Skoda brand vehicles in Volkswagen's sales showrooms." Recently, media reports said that Skoda's production, channels, and brand operations in the Chinese market have been incorporated into the SAIC Volkswagen system and are coordinated by SAIC Volkswagen. This indicates that Skoda will not withdraw from the Chinese market.