Reuters reported that Czech Volkswagen unit Skoda Auto raised its first half global sales by 8.4% to a new record of 493,000 cars.
Skoda said that it had outgrown the market in most regions but saw a more difficult second half.
Mr Winfried Vahland chairman of Skoda said that "The second half will not be easy. We are watching markets carefully and expect significantly stronger headwinds."
Skoda is a major employer and exporter in the highly trade dependent central European country. It said it hoped its new model line to be introduced in Europe in the autumn would help overall performance.
Source - Reuters
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