Volkswagen’s Skoda Auto reports 12.6% drop in 2021 global deliveries to 878,200 cars By Reuters

January 11, 2022 admin Stock News 0

© Reuters. FILE PHOTO: A logo is seen on a wheel of a Skoda Octavia car after a presentation of the company’s annual results in Mlada Boleslav March 20, 2013. REUTERS/David W Cerny/File Photo

PRAGUE (Reuters) – Volkswagen (DE:)’s Skoda Auto said on Tuesday its global deliveries dropped 12.6% year-on-year in 2021 to 878,200 cars as the industry suffered from a semiconductor shortage and the impact of the COVID-19 pandemic.

Among its regional markets, the Czech carmaker recorded the steepest fall in China, with deliveries down 58.8% to 71,200 cars.

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