Czech Skoda Cars Set to Arrive in Vietnam this September
Skoda’s Vietnamese partner, TC Motor, has announced the upcoming arrival of Skoda cars in Vietnam. The imported models, including the CUV Karoq in the C-segment and the SUV Kodiaq in the D-segment, will be available for sale starting this September. These vehicles will compete with popular models such as Hyundai Tucson, Kia Sportage, Mazda CX-5, Honda CR-V, Kia Sorento, Hyundai Santa Fe, Mazda CX-8, and Toyota Fortuner.
TC Motor, known for distributing and assembling South Korean Hyundai vehicles, will be responsible for selling Skoda cars imported from Europe, as well as vehicles assembled in Vietnam. The Kodiaq, a 7-seat SUV, offers both gasoline and diesel engine options and is priced at approximately $52,870 in the European market. The Karoq, on the other hand, comes with gasoline and diesel engine variants and carries a list price of around $31,390 in Germany and $33,000 in China.
In a joint effort with TC Motor, Skoda has recently initiated the construction of a manufacturing plant in the northern province of Quang Ninh’s Viet Hung Industrial Park. With an annual production capacity of 120,000 Skoda cars, this facility marks Skoda’s first factory in Southeast Asia. The company aims to not only cater to the Vietnamese market but also export vehicles to other countries in the region.
Skoda, with three plants in the Czech Republic and additional facilities in China, Russia, Slovakia, India, and Ukraine, has a global presence. In 2021, the company sold nearly 900,000 vehicles across various markets, with Germany and Russia being the largest ones.