Czech Automaker Skoda Will Wait To Enter U.S. Market

By Team Writer / October 23, 2017

Skoda said it would make a decision this year on whether or not to enter the U.S. market, but it looks like the Czech automaker needs more time to make up its mind. According to a report from Autocar, Skoda is putting its U.S. ambitions on hold to focus on low-cost cars for India.

Earlier this year, Volkswagen Group teamed up with Tata Motors in the hopes of building a low-cost car for emerging markets. Skoda was recruited to lead the project for VW, leaving the brand little time to focus on its plans for the U.S. “We will need more time to work on the U.S. plans now,” Skoda CEO Bernhard Maier told Autocar.

“There is no hurry to rush into the U.S. and no deadline to even decide if we should be looking to go there,” Maier added. “There’s no need to make a decision right away.”


Source: Autocar

You can continue reading the original article here

About the author

Team Writer