| Long gone are the days when Skoda was the | | | | called a skip on wheels etc. Preset day |
| target of cruel jokes in themotoring | | | | analysts predict a verybright future for |
| industry. Sokda is now rapidly catching up | | | | Skoda and admire the VW efforts and the |
| with Audi in increasingthe profits for | | | | decision to stick itthrough hard times for |
| | | | Skoda and give it an image where it is no |
| VW which incorporated Skoda almost fifteen | | | | longerconsidered a low class name. |
| years from now. Skoda cars wereonce | | | | |
| considered so dangerous to drive that the VW | | | | The Geneva Car Show in March, 2007 will see |
| executives refuse to commutein them but all | | | | the launch of the new generation |
| that has now changed and Skoda have come down | | | | |
| a path of steadyimprovements in their models. | | | | Skoda Fabia Roomster Multipurpose vehicle and |
| | | | with a 5.5% increase in demand forthis model |
| The VWs Skoda venture had been written off by | | | | plus a 45% increase in car sales due to |
| many analysts in the motoringindustry citing | | | | manufacturing in China and |
| the un-predictable future of the Czech state. | | | | |
| At the time of theinitial VW involvement with | | | | India, Skoda is well on its way to improving |
| Skoda, the new government after the | | | | the market share price for itsparent company |
| velvetrevolution had started selling off | | | | VW. The main reason for the popularity of |
| state assets and Skoda only had one model,the | | | | Skoda models is thoughtto be due to the |
| Skoda Favorit in production at the time. | | | | consumer wanting a similar feel as one would |
| Skoda executives were told by VW toeither go | | | | get driving an |
| back to the drawing board and design a brand | | | | |
| new car or its the endof the line for Skoda. | | | | Audi or a VW but at the fraction of the cost. |
| Mr. Detlef Wittig, a VW executive at the time | | | | Skoda seems to fulfil this desirenicely and |
| of the VWtakeover of Skoda and who now runs | | | | the quality of the latest generation models |
| Skoda, jokes about how Skoda used to be | | | | seems to improve withevery new model |
| thefavoured target of all the cruellest jokes | | | | launched. |
| in the motoring industry where itused to be | | | | |