Škoda Set to Add New Sedan in China by 2013

The yet-to be released sedan will be the fifth model of the Czech brand to be produced in China following the Fabia, Octavia, Yeti and Superb. The vehicles are built by Shanghai Volkswagen Automotive Co., a joint venture between SAIC Motor Corp. and Volkswagen AG.

"China plays a central role for the global growth of Škoda," Škoda Chairman Winfried Vahland said in a statement. "Until 2018, we want to at least double our worldwide sales to more than 1.5 million units per year. The growth market China provides a crucial contribution toward this effort."

After entering China in 2007, Škoda has sold more than 500,000 vehicles there. In the first six months of 2011, Škoda’s China sales topped 112,000 vehicles, according to the company. The company did not provide further details.