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    Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman Highlights Key Policy Measures to Promote Export-led Growth at Exim Bank’s Trade Conclave

    Tobacco control efforts protect 6.1 billion people – WHO’s new report

    MB Patil Showcases Karnataka’s Investment Potential During Denmark Roadshow

    Roche’s Lunsumio and Polivy combination significantly prolongs remission for people with relapsed or refractory large B-cell lymphoma

    | Meghna Ghodawa-
PHOTO CREDIT-

    Beat the monsoon greys in style with India’s first UPF resort-wear line by Meghna Ghodawat

    PHOTO CREDIT:The Jamaica Tourist Board (JTB)

    Jamaica Tourism Launches a Brand-New Campaign “70 Days of Jamaica Love” to Celebrate 70 Years of Jamaica

  • National
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    • Economy & Politics
    • Election

    NHRC, India takes suo motu cognisance of the reported death of three prisoners in two days in the jails of Varanasi, Uttar Pradesh

    Government to celebrate International Day against Drug Abuse and Illicit Trafficking on 26th June, 2025

    Board Games & Brews: McCafé hosts community Game Night

    Apollo Cancer Centres Launches ‘CanWin’.

    Vice-President to visit Uttarakhand from 25th-27th June, 2025

    DGCA carries out comprehensive surveillance at major airports, including Delhi and Mumbai

  • Business

    Mutual Funds vs Stocks: Which is Suitable for Beginners?

    IDFC FIRST Bank Introduces UPI Services for NRI Customers Across 12 Countries

    Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman Highlights Key Policy Measures to Promote Export-led Growth at Exim Bank’s Trade Conclave

  • Health

    Apollo Cancer Centres Launches ‘CanWin’.

    Protect and Perfect: How Face Yoga and Sunscreen Can Transform Your Skin

    Panasonic-partners-with-MeitY-Nasscom-Centre

    Panasonic partners with MeitY Nasscom Centre of Excellence (CoE) to accelerate innovation in Smart Residential Living

    Herbalife Logo

    Herbalife’s Aloin Identification Method for Aloe Vera Officially Recognized by AOAC INTERNATIONAL

    “Indian patients no longer need to look abroad for advanced treatment,” said Dr. Sharat Damodar, Senior Consultant, Haematologist and Head of Adult BMT at Narayana Health City, Bengaluru and Chairman of the Oncology Collegium at Narayana Health.

    WHO issues first global guideline to improve pregnancy care for women with sickle cell disease

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    AMD Unveils Vision for an Open AI Ecosystem, Detailing New Silicon, Software and Systems at Advancing AI 2025

    U.S. Insurers to More than Double AI Investment in the Next 3-5 Years: Wipro Report

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    Inaugural program of “Vidhan Soudha Guided Walking Tour” on May 25.

    LTIMindtree Signs MoU with IIM Mumbai to Launch Postgraduate Program for Executives in AI-led Experience Design

    “By uniting our talent and expertise, we can drive progress toward a more climate-resilient and healthier future.” -Dr M.C. Sudhakar,  Minister for Higher Education, GoK.

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    DGCA carries out comprehensive surveillance at major airports, including Delhi and Mumbai

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    A New Era in Luxury Weddings – Vogue Wedding Atelier Debuts in India

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    Lulu Mall Hosts Bangalore’s Biggest Non-Alcoholic Holi Celebration

  • Lifestyle
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    Board Games & Brews: McCafé hosts community Game Night

    Apollo Cancer Centres Launches ‘CanWin’.

    Protect and Perfect: How Face Yoga and Sunscreen Can Transform Your Skin

    Panasonic-partners-with-MeitY-Nasscom-Centre

    Panasonic partners with MeitY Nasscom Centre of Excellence (CoE) to accelerate innovation in Smart Residential Living

    Herbalife Logo

    Herbalife’s Aloin Identification Method for Aloe Vera Officially Recognized by AOAC INTERNATIONAL

    “Indian patients no longer need to look abroad for advanced treatment,” said Dr. Sharat Damodar, Senior Consultant, Haematologist and Head of Adult BMT at Narayana Health City, Bengaluru and Chairman of the Oncology Collegium at Narayana Health.

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Škoda Auto’s record-breaking 2024: A strong foundation for the intensifying transformation

FWM by FWM
March 14, 2025
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PHOTO CREDIT:Skoda-Auto-

PHOTO CREDIT:Skoda-Auto-

13. 3. 2025–

Outstanding financial performance in 2024: Škoda Auto Group achieved record sales revenue of €27.8 bn, an operating profit of €2.3 bn and a return on sales of 8.3%
› Prepared for the next transformation phase: Strong results allow the company to navigate the upcoming challenges from a position of strength
› Most up-to-date product range in the company’s history: Škoda Auto delivered 926,600 (+6.9% YoY) vehicles to customers worldwide
› Doubling all-electric sales ambitions for 2025: Brand new Elroq launched and new Enyaq presented
› Driving internationalisation: Urban SUV Kylaq launched on the Indian market, assembly operations to start in Vietnam, expansion of production in Kazakhstan

Mladá Boleslav, 13. March 2025 – 2024 was the best financial year in the history of Škoda Auto Group. It achieved a record sales revenue of €27.8 bn (+4.7%) and an operating profit of €2.3 bn (+30.0%). Net cash flow more than doubled, exceeding €2 bn (+116.2%), and return on sales further increased to 8.3%, reflecting the excellent overall financial performance and resilience of the company. These strong results are allowing the company to navigate the upcoming challenges of the intensified transformation from a position of strength. The further improved financial figures are primarily driven by higher sales, favourable mix effects, and beneficial exchange rates, alongside the consistent implementation of the Next Level Efficiency+ programme, with a strong focus on optimising costs. Škoda Auto delivered 926,600 vehicles to customers worldwide last year (+6.9%), with the Octavia remaining the brand’s bestseller (215,700 vehicles; +12.4%). Škoda recorded a sharp increase in deliveries across its main sales region Europe, where it outpaced the overall market and ranked as the fourth best-selling carmaker (2023: 7th position). Looking ahead, the company is well-positioned, offering its youngest and most comprehensive product portfolio to date comprising all drive types, with the all-electric compact SUV Elroq and the recently presented new Enyaq. Furthermore, Škoda is pressing ahead with its internationalisation efforts: At the newly built plant in Vietnam, assembly operations are set to begin in the upcoming weeks, while the all-new Kylaq urban SUV, developed in India for India, will support the brand’s sales target of 100,000 units by 2026 in its important growth market.

 

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