Skoda is seeking to continue their sales momentum by introducing two new vehicles in the coming years.

As part of the company's annual press conference, Skoda confirmed they will introduce two new models.

Details are limited, but the first vehicle will be a city car that will be introduced later this year. Nothing is official, but the model will likely be a rebadged Volkswagen Up! / Lupo with a revised grille, unique headlights, and modified bumpers.

Specifications haven't been announced, but the car is expected to offer a 1.0-liter petrol and 1.2-liter diesel with 75 PS (74 hp / 55 kW) as well as a 1.2-liter TSI that develops 86 PS (84 hp / 63kW). Eventually, an EV variant could be offered with an electric motor that produces 82 PS (80 hp / 60 kW) and 210 Nm (155 lb-ft) of torque.

According to Skoda chairman Winfried Vahland, "This car is our answer to the increasingly strong demand for small cars with low fuel consumption and affordable costs of operation and offers a new sales potential in Europe for us."

Lastly, in 2012, the Czech brand will launch a new compact car that will slot between the Fabia and Octavia. It is described as a high-volume vehicle which will be practical, spacious, and have an "outstanding price to value ratio."

Skoda confirms two new models