IHT: Czech carmaker Skoda reports almost 16 percent rise in 1Q sales

Skoda doing well world-wide

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Czech carmaker Skoda reports almost 16 percent rise in 1Q sales

Czech carmaker Skoda Auto AS, a unit of German manufacturer Volkswagen AG, said Monday its sales in the first quarter of 2008 rose 15.7 percent on the year. Skoda Auto sold a total of 173,474 cars in the first three months of the year, the company said in a statement. "The first quarter results were also positively influenced by growing demands on the markets of eastern Europe and China," the statement said. It said it sold 27,461 units in the eastern European region, up 38.6 percent from the same period last year. Skoda Auto also delivered 16,212 cars in the period to China, where sales began in June. Skoda Auto delivered more than 27,000 cars there in 2007. Skoda Auto delivered a record 630,032 cars in 2007. It said it aims to boost annual car output to 1 million by 2010 and to 1.5 million in 10 years.