Skoda Auto, the Czech unit of Volkswagen, does not expect any direct impact from the parent company’s overhaul plan to cut capacity and model lines, the company said on Friday.
Business as Usual
“This development has no immediate impact on our operations,” Skoda said in a statement. “Business continues as usual. Skoda is currently the second best-selling automotive brand in Europe, and Skoda Auto production plants are operating at full capacity.”
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.