Czech carmaker, Skoda Auto has announced its plans to enter the Vietnamese market in 2023.
In a statement, Skoda said that the company will begin operations with its European models first next year, while made-in-India models like the Kushaq and Slavia will be launched in Vietnam as early as 2024.
In addition, the geographical proximity to India provides great synergy effects; as early as 2024, we will be exporting vehicle kits from our Indian plant in Pune to Vietnam, marking a major advancement of our India 2.0 project.
Skoda expects the Vietnamese market to generate an initial sales volume of about 30,000 vehicles per year.
The production line for Slavia and Kushaq will be ready by the first half of 2024.
plant in Pune to manufacture the respective subassemblies.

Source - Car & Bike
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