Biz / Auto

Skoda to unveil two new SUVs in China this year

Skoda aims to target the fast-growing SUV market in China after the company sold 176,000 SUVs in the country in 2017, or over half of the company's total sales.

Volkswagen's Skoda will unveil two new sport-utility vehicle models in China by the end of this year as the company targets the fast-growing SUV market in the country.

Skoda said it will have four SUV models in the Chinese market, including the current mid-size SUV Kodiaq and compact SUV Karoq and two new models which will be revealed by the end of 2018.

The company aims to tap China's growing SUV market. In 2017, 10.2 million SUVs were sold in China, up 13.3 percent year on year, according to the data from the China Association of Automobile Manufacturers. 

Skoda sold 176,000 SUVs in China in 2017, which accounted for more than half of the company's total sales.

"In the future, Skoda will pay more attention to SUV development. Sport-utility vehicles will contribute most of Skoda's sales growth in China," Alain Favey, board member for sales and marketing of Skoda, said.

"By 2020, Skoda aims to sell 600,000 units of vehicles annually in China. We will reveal two new SUV models this year, in order to meet diversified needs of Chinese consumers," Favey added.

Skoda said the two new SUVs will be customized models tailored to the Chinese market.

SUV is the only growing segment within China's passenger car market. Sales of sedan and multi-purpose vehicles both declined last year from a year ago.

China is the largest market for Skoda in the world, the company said. Last year, Skoda delivered 325,000 units of vehicles in the Chinese market. 

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