Skoda Auto begins production of Kushaq and Slavia models in Vietnam with Thanh Cong Group

Partnership Transport announced Vietnam Mar 12, 2026

operating

Stage

Skoda Auto reinforced its international presence in 2025 by initiating the production of its Kushaq and Slavia models in Vietnam. This strategic move was executed in partnership with local entity Thanh Cong Group, marking a significant expansion for Skoda into the Vietnamese market.

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Counterparts (2)

Partner

Skoda Auto

company

Skoda Auto is a Czech automotive manufacturer, a subsidiary of Volkswagen Group, producing a range of passenger vehicles, including electric models. With over 45,000 employees globally, it focuses on vehicle production, sales, and developing mobility solutions, including significant investments in EV charging infrastructure and sustainable production.

Thanh Cong Group

company

Ho Chi Minh City-based Thanh Thanh Cong Group (TTC Group) is a diversified Vietnamese conglomerate established in 1979 with nearly 10,000 employees. It operates across energy, real estate, hospitality, and agriculture, with its energy arm, TTC Energy, developing and operating nearly 670 MW of solar, hydropower, and biomass projects primarily in Vietnam.

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Deal Analysis

Skoda Auto is expanding its global manufacturing footprint, with production of its Kushaq and Slavia models set to begin in Vietnam in 2025. This move, executed through a partnership with Thanh Cong Group, establishes a local presence for the transport giant. The collaboration allows Skoda to directly serve the Vietnamese market, a key part of its international growth strategy.

Skoda Auto to produce Kushaq and Slavia models.
Partnership with Thanh Cong Group in Vietnam.
Production slated to begin in 2025.
Deal announced March 12, 2026.

Source Intelligence

KEY DETAILS

The deal involves the production of Kushaq and Slavia models. Quote: 'inicio de la producción en Vietnam de los modelos Kushaq y Slavia'.

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Location

inicio de la producción en Vietnam

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COD

Entre los hitos más destacados figura el inicio de la producción en Vietnam de los modelos Kushaq y Slavia, junto a su socio local Thanh Cong Group.

PARTIES MENTIONED IN SOURCE

Skoda Auto partner

"Skoda también reforzó su presencia internacional durante 2025. Entre los hitos más destacados figura el inicio de la producción en Vietnam de los modelos Kushaq y Slavia, junto a su socio local Thanh Cong Group."

Thanh Cong Group partner

"Entre los hitos más destacados figura el inicio de la producción en Vietnam de los modelos Kushaq y Slavia, junto a su socio local Thanh Cong Group."

medium quality Enriched Mar 12, 2026

Timeline

Announced

Mar 12, 2026

Signed

Closed

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Source

elperiodicodelaenergia.com

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Skoda Auto begins production of Kushaq and Slavia models in Vietnam with Thanh Cong Group

Counterparts (2)

Deal Analysis

Source Intelligence

Timeline

Source

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