agent Entrepreneur logo
MenuMENU
SearchSEARCH

VW's 2010 Output In Slovakia Raises 36 Percent On Demand For SUVs

March 14, 2011
1 min to read


BRATISLAVA - Volkswagen AG's Slovakian unit said its car production jumped 36.3 percent in 2010 on rising demand for its SUV models in Germany and emerging markets.


Volkswagen Slovakia, one of the euro zone country's key exporters, manufactured 144,510 vehicles last year, up from 106,000 cars in 2009, with revenues rising by 37.4 percent year-on-year to 4.04 billion euros ($5.63 billion), reported Automotive News Europe.

Ad Loading...


Volkswagen, which plans to invest an additional 1 billion euros in the central European country by 2015, said on Monday that exports to China rose by 5.7 percent, making it the Slovak plants' second-biggest export market after Germany.


The plant near the capital Bratislava produces SUVs including the second-generation Volkswagen Touareg and Audi Q7, as well as parts of the Porsche Cayenne SUV. The factory will launch production of the new Up small family car later this year.


"We plan to boost the plant's annual production capacity from current 280,000 units to 400,000 units, due to the launch of the new model," VW Slovakia CEO Andreas Tostmann told reporters.


The car sector, including units of Volkswagen, PSA/Peugeot-Citroen SA and Kia Motors Corp., is among the key drivers of Slovakia's 66 billion euro economy, which is expected to rise by about 3.5 percent this year after a 4.0 percent rise in 2010.

More Industry

Blue and white RV parked on beach facing the ocean.
Industryby Lauren LawrenceSeptember 3, 2026

RV Group Expands Carolina Footprint

Blue Compass RV Columbia Northeast is the 13th RV dealership owned by Blue Compass in the Carolinas.

Read More →
Photo of two men and one woman on a discussion panel
Industryby Hannah MitchellSeptember 1, 2026

Agent Acumen

An Agent Summit panel of people who’ve been supporting auto dealers for years gave both timely and timeless advice for those starting out or mulling the prospect.

Read More →
Gloved hand holding two wrenches next to “Turn Overdue into Opportunity” Graphic
Industryby Lauren LawrenceAugust 27, 2026

Missed Maintenance Creates Opportunity

As families get back on the road and into daily school routines, service drives have an opportunity to capture customers who are behind on recommended vehicle maintenance.

Read More →
Ad Loading...
Mitsubishi shadow line-up
Industryby Hannah MitchellAugust 25, 2026

Mitsubishi Unveils U.S. Plan

The automaker announced a strategy that includes an expanded lineup and dealership presence, along with more ‘rugged’ and electric models.

Read More →
Photo of a laptop, cellphone and eyeglasses on a desk next to an office window
IndustryAugust 24, 2026

Selling to Grow

The question of whether you should sell your agency and if so, when, is up to you. But it’s a question worth asking to ensure you keep the business on the right path for yourself, employees and clients.

Read More →
Mechanic holding a vehicle diagnostic device while standing above an open car hood
Industryby Hannah MitchellAugust 24, 2026

Recalled Vehicles Hit 5-Year High

Though the number of events has fallen so far this year, impacted units are up significantly. Meanwhile, regulators consider consumer notification changes.

Read More →
Ad Loading...
outside of car dealership with cars parked in front
Industryby Lauren LawrenceAugust 20, 2026

Auto Group Acquires Top-Performing Rooftop

Car Pros sold its Kia Huntington Beach location to Sutherlin Automotive Group, marking the buyer’s third location in Southern California.

Read More →
Cars from the rear on a Shanghai freeway
Industryby Hannah MitchellAugust 19, 2026

China as Pacesetter

Automotive leaders huddled on where North America stands in the global picture and how it can strengthen its position against the Asian juggernaut’s surging industry.

Read More →
Orange BMW car on empty road.
Industryby Hannah MitchellAugust 14, 2026

BMW Concept Car Makes Fuel to Burn

The prototype developed in concert with a South Carolina university engineering team generates more solar energy than it uses in a typical daily commute.

Read More →
Ad Loading...
Six men standing for photo outside of car dealership
Industryby Lauren LawrenceAugust 13, 2026

South Carolina Auto Group Downsizes

Florida-based group Holler-Classic has acquired four rooftops, its first in South Carolina, from Dick Smith Automotive Group.

Read More →
Ad Loading...