Skoda, the new driving force behind vw profits
Long gone are the days when Skoda was the target of cruel jokes in the motoring industry. Sokda is now rapidly catching up with Audi in increasing the profits for VW which incorporated Skoda almost fifteen years from now. Skoda cars were once considered so dangerous to drive that the VW executives refuse to commute in them but all that has now changed and Skoda have come down a path of steady improvements in their models.
The VW's Skoda venture had been written off by many analysts in the motoring industry citing the un-predictable future of the Czech state. At the time of the initial VW involvement with Skoda, the new government after the velvet revolution had started selling off state assets and Skoda only had one model, the Skoda Favorit in production at the time. Skoda executives were told by VW to either go back to the drawing board and design a brand new car or it's the end of the line for Skoda. Mr. Detlef Wittig, a VW executive at the time of the VW takeover of Skoda and who now runs Skoda, jokes about how Skoda used to be the favoured target of all the cruellest jokes in the motoring industry where it used to be called " a skip on wheels " etc. Preset day analysts predict a very bright future for Skoda and admire the VW efforts and the decision to stick it through hard times for Skoda and give it an image where it is no longer considered a low class name.
The Geneva Car Show in March, 2007 will see the launch of the new generation Skoda Fabia Roomster Multipurpose vehicle and with a 5.5% increase in demand for this model plus a 45% increase in car sales due to manufacturing in China and India, Skoda is well on its way to improving the market share price for its parent company VW. The main reason for the popularity of Skoda models is thought to be due to the consumer wanting a similar feel as one would get driving an Audi or a VW but at the fraction of the cost. Skoda seems to fulfil this desire nicely and the quality of the latest generation models seems to improve with every new model launched.
Bonnet, Bumper, Headlights, Body kits, Spoilers at www.NiceDeals.co.uk
Related Tags: audi, vw, skoda, car sales, fabia, favorit
Your Article Search Directory : Find in Articles
Recent articles in this category:
- Developing A Brand Strategy With Your Blog
If you are blogging to make money it is important to have some type of brand strategy on your site. - 5 Tips To Make Blogging Easy
Many bloggers find it difficult to blog regularly. On the other hand, other bloggers find it easy to - Blogging For Cash: Guest Posting
A free and effective way to bring new readers to your blog is guest posting on other blogs. A guest - How To Increase Blog Profits In No Time
Blogging is all the rage these days, and you have probably heard of the big bucks some bloggers clai - Business And Blogs: A Unique Way To Boost Profits
Business website is definitely an incredible on the internet marketing tool that helps you to save y - Real Addiction Story Blog - Ryan Donnelly's Story
It seems as though everywhere I look today, I hear about addiction. It seems to pop up in many aspec - How To Find Reputable Online Psychics Now
Today, more people are turning to online psychics in search of what the future might hold. Also know - Blogging: Free Online Marketing Method
Blogging has been practiced by lots of individuals for many years. Nevertheless it's just recently t - Making Profits From Your Blog
Possibly the most successful techniques of creating advertising profits for your blog page is by ren - Do You Need No Limited Bandwidth?
Bandwidth procedures the amount of databases transmitted over an internet connection. You have to un
Most viewed articles in this category:
- 8 types of Companies that really benefit from having a Business Blog
While most businesses could benefit from using a Business Blog as part of their marketing and busine - Starting a Business Blog - Remember the Planning Stage
When you start to put a Business Blog together, there is one aspect which is often overlooked in the - Silicon Solar Inc Offers SHURflo Pumps for Large Applications
Silicon Solar Inc, a world leader in innovative solar technologies has just launched a line or la - Free WordPress Blogs and Adsense - A Money Maker for Anyone Who Can Type
If you own a blog that you update frequently; there is an easy way for you to monetize it and start - Podcasting From Small Town Receives Big Attention
Whatever the subject matter may be, podcasting has empowered the masses. With more than 24,000 podca - How To Get Your BLOGS Site Feed Listed In Yahoo! and MSN Within HOURS
BLOGS... they seem to be the talk of the Internet marketing world these days, and for good reason.No - Blogs: The Hidden Ace Up Your Sleeve
If it wasn't for my blog, I wouldn't make any online sales at all.It's true that I have a "regu - Using Social Bookmarking Buttons Easily For Massive Traffic Benifits
Blogs are amazing and that's been stated and proved over and over again. You can go to www.texlinkad - User-Generated Content
This review examines what impact web 2.0 type user generated content will have on business, providin - Blogging and Accountability
A keyboard, a blog and half a dozen whiskeys. It's a recipe for disaster for many bloggers in relati