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Volkswagen down, Škoda and Sit up

Things have been pretty much going downhill for the Volkswagen Group lately, but it can’t be attributed to all of the company’s brands.

A good example is Škoda and Seat, which managed to increase sales in the first nine months of this year. According to statistics, Škoda delivered 671,300 vehicles worldwide, while Seat delivered 422,100.

This is 4.5 percent and 7.7 percent more than the same period last year, respectively. The Czech carmaker’s sales rose 3.8 percent to 20.4 billion euros, with profits rising by more than a third to 1.7 billion euros, while the Spanish carmaker’s sales of 10.5 billion euros were slightly down on the same period. last year (minus three percent). with profit falling to 415 million euros as Seat continues to invest in the growing Cupra sub-brand.

The most popular Škoda model is the Octavia, and for Seat it’s the Cupra Formentor.

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2024-11-02 02:44:00
#Volkswagen #Škoda #Sit

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