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Car Retail Sales June 2023 - Maruti, Hyundai, Tata, Mahindra, Kia, Honda

Car Retail Sales June 2023 - Maruti, Hyundai, Tata, Mahindra, Kia, Honda
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Skoda records strong growth in Russia, India and Europe in first half 2021


Skoda records strong growth in Russia, India and Europe in first half 2021
Against the backdrop of the ongoing challenges from the global Covid-19 pandemic and semiconductor shortages, Skoda Auto has increased its vehicle deliveries by more than a fifth in comparison with last year, in the first six months of the year. The carmaker recorded particularly strong growth in vehicle deliveries in Russia (+54.3%), India (+31.2%), Eastern Europe (+35.0%) and Western Europe (+30.9%).
In the first half of 2021, the Skoda Auto Group increased its sales revenue by 35.2% year-on-year to 10.199 billion euros (Rs 84,315 crore), while operating profit rose significantly by 327.2% to 974 million euros (Rs 8,052 crore) in the same time frame, also exceeding the figure for the pre-pandemic year 2019. The return on sales reached a very high level of 9.6% in the first half of the year. ....

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