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Škoda vehicle production reaches 17,000,000

Škoda has produced their 17 millionth vehicle. The jubilee car – a Škoda Rapid Spaceback in ‘Corrida Red’ – ran off the production line at the Škoda headquarters in Mladá Boleslav. The vehicle is going to a customer in Germany. This production milestone is a highlight of the Czech carmaker’s successful growth strategy. In 2014 Škoda manufactured and sold more than 1 million cars for the first time during a single year in the company’s 120-year history. Over the coming years, Škoda plans to increase sales to at least 1.5 million per year.

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European new car sales continue YOY growth – JATO Dynamics

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JATO Dynamics’ latest report suggests that the European new car market is showing no sign of slowing down. July sales are up 5.4 per cent year-on-year, with the majority of Europe’s bigger markets in positive growth for the month. The five largest markets have all grown year-to-date.

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Nexen gearing up for greater European presence

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A lot has been going on at Nexen this year. Much of this activity has been taking place within the European market. And more still was going on during the weeks before, during and after the Essen Show.

Less than two weeks before the exhibition opened the company highlighted its recent progress with first quarter results punching above the company’s weight. During the exhibition the company was ostensibly there to display examples from its range and launch three new products – the N’blue HD Plus, Winguard SnowG and Winguard WT1(see textbox for more about what was actually presented in Essen). But it quickly transpired that there is more than this going on.

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