Škoda Auto

Škoda Auto a.s.
Company typeSubsidiary
IndustryAutomotive
PredecessorLaurin & Klement
Founded1925 (1925)
FounderVáclav Laurin and Václav Klement
Headquarters
Mladá Boleslav
,
Area served
Worldwide (except Japan and North America)
Key people
Klaus Zellmer (CEO)[2]
ProductsAutomobiles
Production output
c. 822,568 units (2024)[3][4]
Revenue €25.5 billion (2024)[3]
€2.09 billion (2024)[3]
€1.66 billion (2024)[3]
Total assets €7.21 billion (2024)[3]
Total equity €4.65 billion (2024)[3]
Number of employees
37,551 (2024)[3]
ParentVolkswagen Group
SubsidiariesŠkoda Auto Česká republika
Škoda Auto Deutschland GmbH
Škoda Auto Slovensko s.r.o.
Škoda Auto Volkswagen India
Websiteskoda-auto.com
Footnotes / references
[3][4]

Škoda Auto a.s. (Czech pronunciation: [ˈʃkoda] ), often shortened to Škoda, is a Czech automobile manufacturer established in 1925 as the successor to Laurin & Klement and headquartered in Mladá Boleslav, Czech Republic. Škoda Works became state owned in 1948. After the Velvet Revolution, it was gradually privatized starting in 1991, eventually becoming a wholly owned subsidiary of the German multinational conglomerate Volkswagen Group in 2000.[5][6][7]

Škoda automobiles are sold in over 100 countries, and in 2018, total global sales reached 1.25 million units, an increase of 4.4% from the previous year.[8] The operating profit was €1.6 billion in 2017, an increase of 34.6% over the previous year.[9][10] As of 2017, Škoda's profit margin was the second-highest of all Volkswagen AG brands after Porsche.[11]

  1. ^ "New Skoda logo: wordmark revealed to replace emblem on cars". Autocar. Retrieved 12 October 2023.
  2. ^ "Škoda Auto posts strong sales and financial results in Q1 2025".
  3. ^ a b c d e f g h "Annual Report 2024". www.skoda-auto.com.
  4. ^ a b "Volkswagen AG | Škoda Annual Report 2021". Volkswagen AG. Retrieved 6 September 2022.
  5. ^ "Skoda Auto ownership chronicle" (PDF). Archived from the original (PDF) on 16 December 2010.
  6. ^ "Alle VW-Konzernmodelle Teil 3: Seat und Skoda" (in German). Autozeitung.de. Archived from the original on 5 June 2010. Retrieved 28 August 2011.
  7. ^ Cite error: The named reference VN11 was invoked but never defined (see the help page).
  8. ^ Cite error: The named reference ŠKODA Sales 2018 was invoked but never defined (see the help page).
  9. ^ Cite error: The named reference ŠKODA car sales 2015 was invoked but never defined (see the help page).
  10. ^ "|". www.ceskenoviny.cz.
  11. ^ Žádné změny ve Škodě Auto nechystáme, vzkazuje Volkswagen do Čech. Mladá fronta DNES. 6 September 2017.