Print Edition - 2018-06-13  |  Money Digest

VW’s Skoda says might outsource production

BERLIN

Jun 13, 2018-Volkswagen’s Czech brand Skoda said on Monday it might outsource some production to a contract manufacturer as the division looks to respond to booming demand. Already grappling with stretched capacity at its Czech plants, demand for its new sport-utility vehicles could lead production at Skoda to surge to 2 million cars by about 2025 from 1.2 million currently, the automaker has said. VW’s labour boss Bernd Osterloh last week told Reuters that shifting some production to Germany by 2019 will not solve bottlenecks at Skoda, which has passed Audi to become the second-most profitable unit at VW group after sports-car brand Porsche. (REUTERS)

Published: 13-06-2018 08:39

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