Volkswagen’s Skoda Reportedly Reassessing Future Strategy in China

(Source: Skoda)

Czech carmaker Skoda Auto, a subsidiary of Volkswagen, is reportedly considering a withdrawal from China and will make a final decision next year, according to German media outlet Automobilwoche. In response, a spokesperson for Skoda China said that the company has not made any decision on the necessity of adjusting its strategy.

“As part …