Is Skoda a Subsidiary Brand of Volkswagen?

[McWeston]

Regarding the question of whether Skoda is a Volkswagen brand, the detailed explanation is as follows: 1. Skoda is one of the classic brands of Volkswagen AG, headquartered in Mladá Boleslav, Czech Republic, and is one of the four oldest car manufacturers in the world. 2. In 2006, the Skoda Octavia began production at SAIC Volkswagen, becoming the third car brand under the Volkswagen Group to be produced in China, following Volkswagen and Audi. 3. Germany is Skoda's largest export market. In 2003, Skoda car sales in Germany exceeded 70,000 units, followed by the United Kingdom, where Skoda has now become the second-largest imported car brand. Skoda has become one of the most successful companies in the Czech Republic.