Skoda Auto enters Vietnamese market

Skoda Auto has entered the Vietnamese market where it plans to sell 30,000-40,000 vehicles annually by 2030. The first dealership opened in Hanoi this weekend offering Skoda’s Octavia, Superb, and Enyaq models. The company wants to replace the sales shortfall in China and Russia with new markets in Asia. Martin Jahn, a member of Skoda's board of directors, told reporters during the opening of the first Vietnamese dealership, that Skoda Auto also plans to enter the Thai, Malaysian or Indonesian markets.