Škoda: no objectives set for 2009

The car maker Škoda Auto has been unable to determine the number of cars to be produced in 2009, the head of Škoda’s board of directors Reinhard Jung told the German automobile magazine Auto, Motor und Sport on Saturday. Mr Jung also said that the car manufacturer, owned by the German Volkswagen, had to abandon its plan to put out more than one million vehicles in 2011 or 2012. Škoda Auto has been affected by the financial crisis and the shrinking world’s car markets; in November, the factory had to cancel its objective to produce 700,000 cars this year. Škoda also halted production several times before Christmas; its plants will resume production in the second week of January 2009.

Author: Jan Richter