The Czech car maker Skoda a unit of the Volkswagen is planning a domestic expansion. The company targets to boost up its local facility to make an addition to the cavalry by launching its fifth model line-up.
The auto maker plans to start manufacturing its small SUV model Yeti from a stretched out factory at the Kvasiny town. The company also plans an expansion of its factory at Vrchlabi in the north of Czech Republic.
Its mid-range Octavia model which seems a success story will now be coming out of an assembly line of the VW plant situated at Slovak capital Bratislava along with its base factory at Mlada Boleslav in the Czech Republic.
Skoda plans to employ some more workers for keeping up with its future plans and cope-up with the expanded production. The company still conceals any information regarding the costs of the planned investment.
Skoda aims at producing 1 million cars a year, by 2010 as the company achieved a mammoth production of 800,000 cars earlier this month and for the last year the company produced 556,347 automobiles.
[Courtesy: Autonews]
