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Found 10 results

  1. Last summer, Skoda CEO Bernhard Maier said a decision on whether or not the brand would come to the U.S. would be made sometime next year. But it seems that decision has been put on the back burner. Autocar reports that Skoda is taking the lead on developing a new low-cost vehicle for emerging markets. Earlier this year, Volkswagen had entered a partnership with Indian automaker Tata Motors to do the same. However, this would be dissolved as cost targets were not met. “We will need more time to work on the US plans now. The Group has asked us to lead development of a platform with a strong focus on India and to investigate building that business sustainably and in a predictable manner," said Maier. “That is a huge task, and we must always approach projects one step at a time. There is no hurry to rush into the US and no deadline to even decide if we should be looking to go there. There’s no need to make a decision right away.” The last two lines are very interesting, considering that Maier was gung-ho on entering the the U.S. last year. As we reported back in December, an anonymous Volkswagen board member said it would be mad for Skoda to enter the U.S., hinting that plans were scrapped. We'll keep you posted if anything changes. Source: Autocar View full article
  2. Last summer, Skoda CEO Bernhard Maier said a decision on whether or not the brand would come to the U.S. would be made sometime next year. But it seems that decision has been put on the back burner. Autocar reports that Skoda is taking the lead on developing a new low-cost vehicle for emerging markets. Earlier this year, Volkswagen had entered a partnership with Indian automaker Tata Motors to do the same. However, this would be dissolved as cost targets were not met. “We will need more time to work on the US plans now. The Group has asked us to lead development of a platform with a strong focus on India and to investigate building that business sustainably and in a predictable manner," said Maier. “That is a huge task, and we must always approach projects one step at a time. There is no hurry to rush into the US and no deadline to even decide if we should be looking to go there. There’s no need to make a decision right away.” The last two lines are very interesting, considering that Maier was gung-ho on entering the the U.S. last year. As we reported back in December, an anonymous Volkswagen board member said it would be mad for Skoda to enter the U.S., hinting that plans were scrapped. We'll keep you posted if anything changes. Source: Autocar
  3. Skoda has been cagey with saying when a possible decision of selling vehicles in U.S. will come. Ask anyone at the Czech automaker and they'll say there isn't a timeframe. It seems now there is a timeframe. German business daily Handelsblatt recently talked with Skoda CEO Bernhard Maier. During their talk, Maier revealed a decision for the U.S. will happen sometime next year. “In the course of the coming year, we want to decide on the question of North America,” said Maier. “When we talk about our plans until 2025, then you cannot leave out one of the most important car markets in the world. Therefore, we examine under what conditions and with what cars the entrance to the U.S. market would be possible.” Skoda wants to be in 120 global markets by 2025. At the moment, Skoda is in 102 markets. This will grow next year as the brand will enter Iran, South Korea, and Singapore. Source: Handelsblatt (Global Edition)
  4. As we have been reporting since this summer, Skoda is putting serious consideration into entering the U.S. market. Currently, a decision is expected sometime next year. But ask their parent company, Volkswagen what they think of the idea of Skoda entering the U.S. and they would likely say something to the effect of this, “We may be crazy, but we’re not mad. Entering this huge market with an unknown brand, a model range focused on Europe, and a non-existent dealer network is pure suicide. Furthermore, the last thing Volkswagen of America needs now is in-house cannibalization,” said an unnamed Volkswagen board member to Automobile Magazine. Without having any support from the parent company, Skoda's plan of entering the U.S. seems dead in the water. Whether this happens or not remains to be seen. There is one other interesting tidbit from Automobile Magazine. Reportedly, Volkswagen was considering replacing certain models in U.S. with slightly restyled Skoda vehicles badged as VWs. This idea was scrapped however which is a shame since we could see the likes of the Superb being an excellent replacement for the current Passat as an example. Source: Automobile Magazine View full article
  5. As we have been reporting since this summer, Skoda is putting serious consideration into entering the U.S. market. Currently, a decision is expected sometime next year. But ask their parent company, Volkswagen what they think of the idea of Skoda entering the U.S. and they would likely say something to the effect of this, “We may be crazy, but we’re not mad. Entering this huge market with an unknown brand, a model range focused on Europe, and a non-existent dealer network is pure suicide. Furthermore, the last thing Volkswagen of America needs now is in-house cannibalization,” said an unnamed Volkswagen board member to Automobile Magazine. Without having any support from the parent company, Skoda's plan of entering the U.S. seems dead in the water. Whether this happens or not remains to be seen. There is one other interesting tidbit from Automobile Magazine. Reportedly, Volkswagen was considering replacing certain models in U.S. with slightly restyled Skoda vehicles badged as VWs. This idea was scrapped however which is a shame since we could see the likes of the Superb being an excellent replacement for the current Passat as an example. Source: Automobile Magazine
  6. Back in June, we learned that Skoda (a Czech brand under the Volkswagen group) was investigating possibly entering new markets. One of those new markets was North America, a place where 20 percent of global car sales take place. At the time our original report, Skoda hasn't set a timeframe for a decision. Also as we noted, Skoda would need to get more crossovers and SUVs ready if they want to try and make inroads in the U.S. Speaking of SUVs and the U.S., a recent article done by Autocar piqued our interest. Skoda CEO Bernhard Maier said if they were to launch the brand in the U.S. in the near future, they would have their upcoming seven-seat Kodiaq leading the charge. “If we do decide to compete in the US, we will have one chance to make a good first impression. We feel that if we were there now, the Kodiaq would be a home-run car,” said Maier. Maier did stress that the U.S. isn't on Skoda's immediate radar. At the moment, the brand is looking closely at Iran, Singapore, and South Korea as possible new markets. But Maier isn't saying the U.S. isn't on their radar at all. “America is the one that we don't currently compete in with the biggest potential.” Skoda appears to have taken a page out of PSA Peugeot Citroën's playbook. Autocar says the automaker has begun a feasibility study as to whether or not it makes sense to enter the U.S. Source: Autocar View full article
  7. Back in June, we learned that Skoda (a Czech brand under the Volkswagen group) was investigating possibly entering new markets. One of those new markets was North America, a place where 20 percent of global car sales take place. At the time our original report, Skoda hasn't set a timeframe for a decision. Also as we noted, Skoda would need to get more crossovers and SUVs ready if they want to try and make inroads in the U.S. Speaking of SUVs and the U.S., a recent article done by Autocar piqued our interest. Skoda CEO Bernhard Maier said if they were to launch the brand in the U.S. in the near future, they would have their upcoming seven-seat Kodiaq leading the charge. “If we do decide to compete in the US, we will have one chance to make a good first impression. We feel that if we were there now, the Kodiaq would be a home-run car,” said Maier. Maier did stress that the U.S. isn't on Skoda's immediate radar. At the moment, the brand is looking closely at Iran, Singapore, and South Korea as possible new markets. But Maier isn't saying the U.S. isn't on their radar at all. “America is the one that we don't currently compete in with the biggest potential.” Skoda appears to have taken a page out of PSA Peugeot Citroën's playbook. Autocar says the automaker has begun a feasibility study as to whether or not it makes sense to enter the U.S. Source: Autocar
  8. Skoda has been cagey with saying when a possible decision of selling vehicles in U.S. will come. Ask anyone at the Czech automaker and they'll say there isn't a timeframe. It seems now there is a timeframe. German business daily Handelsblatt recently talked with Skoda CEO Bernhard Maier. During their talk, Maier revealed a decision for the U.S. will happen sometime next year. “In the course of the coming year, we want to decide on the question of North America,” said Maier. “When we talk about our plans until 2025, then you cannot leave out one of the most important car markets in the world. Therefore, we examine under what conditions and with what cars the entrance to the U.S. market would be possible.” Skoda wants to be in 120 global markets by 2025. At the moment, Skoda is in 102 markets. This will grow next year as the brand will enter Iran, South Korea, and Singapore. Source: Handelsblatt (Global Edition) View full article
  9. There is talk happening at one of Volkswagen's brands of possibly entering the U.S. marketplace. What brand would that be? Skoda, the Czech brand known for building some impressive cars at surprising prices. A spokesman tells Automotive News Europe that the brand is examining potential markets to introduce the brand. "That includes North America," the spokesman said. A decision on which markets will see Skoda entering is not expected anytime soon. Rumblings of Skoda possibly coming to the U.S. started last week when AutoGuide found trademark applications filed by Skoda for a number of their models, Octavia (Hatchback and Wagon, Golf-Sized) Yeti (Crossover, Tiguan-Sized) Superb (Sedan and Wagon, Passat-Sized) Now for the obvious question, why? Automotive News Europe reports that one of Skoda's key markets, Russia is experiencing an economic collapse, causing sales in the country to tumble. This has the company looking to other markets such as North America (which makes up 20 percent of the global car market). Analysts are split as to whether or not Skoda should enter the U.S. Ferdinand Dudenhoeffer, director of the Center for Automotive Research at the University of Duisburg-Essen tells German business paper Handelsblatt (who broke this story) that Volkswagen should pull out of the U.S. and replace it with Skoda. "Skoda could be the cheapest solution" to VW Group's American problems, said Dudenhoeffer. Other analysts such Frank Schwope from NordLB have their doubts. Schwope tells Reuters that the brand would have to 'fight tooth and nail in the United States' due to an already saturated market for cars. "Skoda would do better to get engaged in emerging markets like India or South America," said Schwope. Our take? This is just 'talk' at the moment, so Skoda might not come. Yes, they did file trademarks in the U.S., but that doesn't mean a car, let alone a brand is destined for the U.S. Also, Skoda is lacking in crossovers. They have one in the form of the Yeti and will be introducing an SUV later this year in Paris. For a place that is crazy about crossovers, only having one isn't the best plan. Also, trying to make your way in the U.S. auto market is a difficult task - just ask Fiat. PSA Peugeot Citroën which announced they would be coming back to the U.S., will be spending the next ten years to make it possible. Source: Automotive News Europe (Subscription Required), Handelsblatt (Subscription Required), Reuters, AutoGuide View full article
  10. There is talk happening at one of Volkswagen's brands of possibly entering the U.S. marketplace. What brand would that be? Skoda, the Czech brand known for building some impressive cars at surprising prices. A spokesman tells Automotive News Europe that the brand is examining potential markets to introduce the brand. "That includes North America," the spokesman said. A decision on which markets will see Skoda entering is not expected anytime soon. Rumblings of Skoda possibly coming to the U.S. started last week when AutoGuide found trademark applications filed by Skoda for a number of their models, Octavia (Hatchback and Wagon, Golf-Sized) Yeti (Crossover, Tiguan-Sized) Superb (Sedan and Wagon, Passat-Sized) Now for the obvious question, why? Automotive News Europe reports that one of Skoda's key markets, Russia is experiencing an economic collapse, causing sales in the country to tumble. This has the company looking to other markets such as North America (which makes up 20 percent of the global car market). Analysts are split as to whether or not Skoda should enter the U.S. Ferdinand Dudenhoeffer, director of the Center for Automotive Research at the University of Duisburg-Essen tells German business paper Handelsblatt (who broke this story) that Volkswagen should pull out of the U.S. and replace it with Skoda. "Skoda could be the cheapest solution" to VW Group's American problems, said Dudenhoeffer. Other analysts such Frank Schwope from NordLB have their doubts. Schwope tells Reuters that the brand would have to 'fight tooth and nail in the United States' due to an already saturated market for cars. "Skoda would do better to get engaged in emerging markets like India or South America," said Schwope. Our take? This is just 'talk' at the moment, so Skoda might not come. Yes, they did file trademarks in the U.S., but that doesn't mean a car, let alone a brand is destined for the U.S. Also, Skoda is lacking in crossovers. They have one in the form of the Yeti and will be introducing an SUV later this year in Paris. For a place that is crazy about crossovers, only having one isn't the best plan. Also, trying to make your way in the U.S. auto market is a difficult task - just ask Fiat. PSA Peugeot Citroën which announced they would be coming back to the U.S., will be spending the next ten years to make it possible. Source: Automotive News Europe (Subscription Required), Handelsblatt (Subscription Required), Reuters, AutoGuide

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