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    Uber Partners with Hinomaru Kotsu for Robotaxi Pilot Deployment in Tokyo.

    Lenovo Group: Q1 Financial Results 2026/27

    Malaysia Airlines’ MHsports Challenge Offers an Exclusive Opportunity to Ride Alongside Dato’ Azizulhasni Awang in Melbourne

    Air Canada Announces CDN$2.5 Billion Minority Equity Investment in Aeroplan Led by Blackstone and La Caisse

    Exor and Philips Extend Long-term Relationship Agreement.

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    Applications invited for Apprenticeship Training at Secretariat Library; Monthly Stipend of ₹10,900.

    NDB and Narayana Health Form Alliance to Build Affordable, Tech-Driven Hospitals

    Affordable and Accessible Healthcare for All

    Tata Motors Limited (formerly TML Commercial Vehicles Ltd.) Q1 FY27 Results.

    Exor and Philips Extend Long-term Relationship Agreement.

    Most GCC leaders cite talent upskilling as critical to maintaining competitive advantage over the next four years: PwC-FICCI Survey 72% of GCCs believe they must upskill more than 40% of their workforce to maximise their value.

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    NDB and Narayana Health Form Alliance to Build Affordable, Tech-Driven Hospitals

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    Manipal Hospital Bhubaneswar Performs Rare Open-Heart Surgery on a Patient with Sickle Cell Anemia.

    “The restaurant industry has been seeking greater transparency and predictability in food delivery for a long time.”-Sagar Daryani, President, National Restaurant Association of India (NRAI), CEO & Co-founder, Wow! Momo.

    CHMP recommends EU approval of Roche’s Susvimo, the first continuous delivery treatment for neovascular age-related macular degeneration (nAMD)

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    India to be an essential player in the next industrial revolution which will be biotechnology and AI driven: Dr Jitendra Singh

    Climate-Smart Farming: How AI and Precision Agriculture Are Transforming India’s Farms’ -By Dr Anubha Jain

    IBM Study: One in Four Malicious Breaches are AI-Enabled, Costing Companies $6 Million on Average.

    IBM to Acquire HRL Laboratories to Power the Future of Quantum.

    ISACA Bangalore Chapter hosts the 29th Annual Karnataka Conference with the theme “Fortify the AI Backbone and Agentic AI – Govern, Secure, and Thrive”.

    Sony Creator Essentials Worth Considering This Summer.

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    Uber Partners with Hinomaru Kotsu for Robotaxi Pilot Deployment in Tokyo.

    Tata Motors Limited (formerly TML Commercial Vehicles Ltd.) Q1 FY27 Results.

    MG SELECT launches the Couture Edition of M9 at INR 84.94 Lakh and Cyberster at INR 87.49 Lakh

    Toyota Joins in Supporting 2026 Kumamoto Earthquake Relief Efforts.

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    Capri Sports launches Nova Sports, a girls-only football pathway to redefine the future of women’s football in India

    Legends collide: Kapil Dev and IPL star Vaishak Vijaykumar ignite Blasters’ JPL campaign.

    Air India’s Maharaja Club partners with Professional Golf Tour of India to support the growth of golf in the country

    Sara Tendulkar’s Mumbai Grizzlies Script Perfect Day as Chennai Falcons, Delhi Sharks Tighten Grip on GEPL Season 3 Playoffs.

  • Entertainment

    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

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    Peter England Launches VYBE, a Younger Expression of Dressed-up Style.

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    Sara Tendulkar’s Mumbai Grizzlies Script Perfect Day as Chennai Falcons, Delhi Sharks Tighten Grip on GEPL Season 3 Playoffs.

    “The restaurant industry has been seeking greater transparency and predictability in food delivery for a long time.”-Sagar Daryani, President, National Restaurant Association of India (NRAI), CEO & Co-founder, Wow! Momo.

    Air India launches ‘Easy Connect’ flights from Amritsar, connecting Punjab to 27 global destinations

    Dr. Agarwals Eye Hospital Supports West Division Police with Vision Protection Initiative.

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

by FWM
March 14, 2025
in Auto
0

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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Tags: Škoda Auto Group

FWM

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