Skoda cars are expected to be imported from the Czech Republic and sold from May before being assembled there, according to Skoda Vietnam sources.
In the C-segment, CUV Karoq, one of the company’s bestselling models, will compete with the Hyundai Tucson, Kia Sportage, Mazda CX-5, Honda CR-V, and others.
In the D-segment, the SUV Kodiaq will go up against the Kia Sorento, Hyundai Santa Fe, Mazda CX-8, and Toyota Fortuner.
In late February Skoda and its Vietnamese partner TC Motor, a distributor and assembler of South Korean Hyundai vehicles, began building a plant in the northern province of Quang Ninh.
Vietnam is the first Southeast Asian country in which Skoda will put up a factory and plans to export vehicles to other countries in the region.
Skoda makes 11 models, with the Octavia being its bestseller. Various models, including B-segment sedan Slavia are expected to be sold in the country from late 2024.
Last year the company sold 731,300 vehicles in some 100 markets worldwide, with Germany, the Czech Republic, India, the UK, and Poland being the biggest.