Škoda Auto bullish on future Škoda Kodiaq sales
Czech car maker Škoda Auto has finally unveiled the long-awaited SUV, Škoda Kodiaq. The company’s first full-sized SUV was officially shown off to auto experts and the public at the prestigious Berlin auto show.
The Czech car-maker, which hasn't sold a car in the US since the late 1950s, has recently filed for trademark applications in the US and its CEO has hinted that he'd like to sell cars there. Škoda Kodiaq, the larger brother of the Škoda Yeti, named after the legendary Himalayan creature, is sharing the construction platform for the car with the Volkswagen Tiguan and SEAT Ateca and sports a 4.7-metre long body to accommodate a seven-seat layout. It is set to enter the market early next year with a choice of two petrol and two diesel engines.
While prices haven’t been announced yet, experts say they could start somewhere around 650,000 crowns.
So far, Škoda’s most popular model is the third-generation Octavia, which made its debut in 1996. Over the following two decades, the Škoda Octavia became a worldwide hit and remains to be the brand’s best-selling series.
Last year, Škoda reported record profits of 665 million euro (18.4 billion crowns), a 46 percent increase compared to the previous year, largely driven by its best-selling model. In 2014 Škoda Auto delivered over 1 million vehicles to clients worldwide, a year-on-year increase of almost 13 percent.