VW's Skoda boosts output capacity for budget model

Newswire

PRAGUE, May 28 (Reuters) - Volkswagen's Czech unit Skoda Auto has boosted production capacity for its budget Fabia model by 20 percent due to rising demand helped by scrappage subsidies in its key markets, Skoda said on Thursday. Skoda, the largest Czech exporter, said it lifted daily capacity to 1,200 vehicles from 1,000. Financial incentives from western European governments encouraging consumers to swap old cars for new have buoyed Skoda's sales this year, helping a sector that is a ...

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