Cars
VW Group's Skoda Division Sets New Record in 2010 with 762,600 Sales
The once ailing Skoda brand is turning out to be a solid investment for the Volkswagen Group as the Czech automaker is breaking one sales record after the other. In the year that just passed on, Skoda Auto recorded is best-ever sales results delivering 762,000 vehicles, which represents an increase of 11.5% over 2009 when it sold 684,200 units. Furthermore, the company broke the threshold of three quarters of a million vehicles sold in a single year for the first time in its history. Read more »
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Skoda Posts Record Worldwide Sales In First Half Of 2011
Skoda revealed today that it delivered 454,700 vehicles in the first half of 2011, which represents an increase of 20.1% compared to the same period in 2010. The Volkswagen Group brand also achieved its best ever June sales, with 81,300 deliveries, compared...
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Skoda To Challenge The Big Boys At Bonneville Speed Week With 600hp Octavia Rs
With the help of the Volkswagen Group, Skoda has turned out to be quite an important player in the automotive industry. The Czech automaker delivered more than 760,000 cars last year and aims to double its annual sales to 1.5 million by 2018. But it’s...
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Hyundai Sells 3.6 Million Vehicles In 2010, Up 16.3% From 2009, Net Profits Soar 78%
Hyundai continues its juggernaut-like growth breaking one record after the other. In 2010, the South Korean carmaker not only replaced Toyota as Europe’s best-selling Asian brand and passed the 500,000 sales mark in the US for the first time since...
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A Painted History Of Skoda
Just today, we learned that Skoda delivered a record number of vehicles in the first nine months of 2010, increasing its operating profit by a whopping 64%. This is what most people know about the Czech automaker; that it has been a wild success since...
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Lamborghini's Profits Surge 27.4% In 2008, Cautious On 2009 Outlook
Helped by its drive to cut costs, VW Group owned Italian supercar Lamborghini managed to report a 27.4 percent increase in pretax profits in 2008 over 2007 despite the fact that its sales remained virtually the same. More specifically, turnover increased...
Cars