VW chief: 25-year partnership with Škoda example of success

The partnership of Škoda Auto and Volkswagen is an example of successful European partnership, the chairman of Volkswagen, Matthias Müller, said on Tuesday. Mr. Müller was speaking at a meeting at the Škoda museum in Mladá Boleslav marking the 25th anniversary of the takeover of the Czech carmaker by the German company. The Czech prime minister, Bohuslav Sobotka, told the assembled that recent government support for a new industrial zone was proof that Škoda was one of the most important investors and employers in the Czech Republic. In 1991 Škoda produced 170,000 cars a year in Czechoslovakia; in 2015 it produced over half a million at 14 plants on two continents for over 100 markets, Mr. Müller said.

Author: Ian Willoughby