ŠKODA AUTO is all set to enter the Vietnamese market. In cooperation with its local partner, Thanh Cong Motor Vietnam (TC Motor), the Czech carmaker will launch the first batch of European models in the country as early as 2023. Furthermore, the assembly of the made-in-India KUSHAQ and SLAVIA models from ŠKODA AUTO Volkswagen India’s Chakan facility will also start in 2024. Skoda confirmed that the production line is currently under construction. Initially, the company is targeting a sales volume of 30,000 vehicles per year.
Skoda India To Play An Important Role In Vietnam
Setting up Skoda in Vietnam will play an instrumental role in ŠKODA AUTO Volkswagen India’s growth plan. After the successful launch of the Volkswagen Taigun and Virtus in global markets, the company recently rolled out the ŠKODA KUSHAQ to the AGCC markets. Now Skoda is all set to introduce the ŠKODA KUSHAQ and SLAVIA in the Vietnamese market. With overwhelming success in the local and overseas markets, the INDIA 2.0 project remains a key driver in the Group’s progress.
Starting in 2033, the KODIAQ, KAROQ, SUPERB, and OCTAVIA model series will be imported from Europe. From there ŠKODA AUTO’s local partner in the Vietnamese market, TC Motor, will take over the local production and distribution of the vehicles. With over 20 years of experience in vehicle manufacturing and sales on a contract basis, the Hanoi-based group will also invest in the acquisition and development of industrial sites. Going forward in the future, ŠKODA models will roll off the production line at the site in Quang Ninh province.
What Is Skoda’s Plan For Vietnam?
The construction of a TC Motor-owned production line is already in progress. The target is to get it completed in the first half of 2024. Assembly of the made-in-India KUSHAQ and SLAVIA model series via the CKD format will also begin in 2024. Thus, as per Skoda, customers can book the KUSHAQ in the first half of 2024. For a SLAVIA customers need to wait till the fourth quarter of 2024. Skoda further confirmed that a 16,000-square-metre plant is underway in Pune. This will manufacture the respective subassemblies. By exporting vehicles from India, Skoda is pressing ahead with the implementation of the INDIA 2.0 project. This further justifies India’s strategic importance in the automaker’s development.
Also Read: Skoda starts exporting Kushaq SUV from India.
