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    Top-ranked Indian juniors for KSLTA World Tennis Junior J30 Bengaluru

    Procam launches ‘HDOR – 100 Days of Running’.

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    India and Seychelles Convene High-Level Bilateral Meeting to Strengthen Strategic Cooperation in Fisheries, Aquaculture, and the Blue Economy

    IBM Completes Acquisition of HRL Laboratories to Accelerate the Future of Quantum

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    IBM Completes Acquisition of HRL Laboratories to Accelerate the Future of Quantum

    HAL and Safran Sign Historic Deal to Co-Develop New ‘Aravalli’ Helicopter Engine.

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    Top-ranked Indian juniors for KSLTA World Tennis Junior J30 Bengaluru

    Procam launches ‘HDOR – 100 Days of Running’.

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    Apollo Hospitals Pivots Teynampet Cancer Flagship into 300-Bed Multi-Speciality Hub.

    JW Marriott Delhi to Host ‘The Great American Table’ Food Festival.

    Cuticura’s 8 Hours of Freshness You Need This Onam.

    Aora Launches aoraspectrum.com, Moving into Direct-to-Consumer Retail in India.

    Bangalore Watch Company Introduces its First-Ever Pocket Watch

    The Festive Countdown Begins with California Walnuts.

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    Procam launches ‘HDOR – 100 Days of Running’.

    IBM Brings AI-Powered US Open Fan Experience Back to Madison Square Park

    Air India and Drukair, Royal Bhutan Airlines strengthen India-Bhutan connectivity with new interline agreement

    India and Seychelles Convene High-Level Bilateral Meeting to Strengthen Strategic Cooperation in Fisheries, Aquaculture, and the Blue Economy

    IBM Completes Acquisition of HRL Laboratories to Accelerate the Future of Quantum

    HAL and Safran Sign Historic Deal to Co-Develop New ‘Aravalli’ Helicopter Engine.

  • National
    • All
    • Economy & Politics
    • Election

    Top-ranked Indian juniors for KSLTA World Tennis Junior J30 Bengaluru

    Procam launches ‘HDOR – 100 Days of Running’.

    UNDRESS Taps Urvashi Rautela to Launch Premium Men’s Intimatewear Brand

    A Karaoke Refrigerator, a Self-Checking School Bag and Earbuds That Turn History Lessons into Rap: Kids Reimagine Technology at Samsung

    Actress Sonal Montero To Launch Bengaluru’s Premium 3-Day Jewellery Exhibition & Sale Fair.

    World’s First Pinhole Pupilloplasty Centre Inaugurated at Dr Agarwals Eye Hospital.

  • Business

    India and Seychelles Convene High-Level Bilateral Meeting to Strengthen Strategic Cooperation in Fisheries, Aquaculture, and the Blue Economy

    IBM Completes Acquisition of HRL Laboratories to Accelerate the Future of Quantum

    TCS and Porsche AG Partner to Accelerate the Future of AI-Powered Mobility.

  • Health

    World’s First Pinhole Pupilloplasty Centre Inaugurated at Dr Agarwals Eye Hospital.

    Apollo Hospitals Pivots Teynampet Cancer Flagship into 300-Bed Multi-Speciality Hub.

    JW Marriott Delhi to Host ‘The Great American Table’ Food Festival.

    Cuticura’s 8 Hours of Freshness You Need This Onam.

    Aora Launches aoraspectrum.com, Moving into Direct-to-Consumer Retail in India.

    The Festive Countdown Begins with California Walnuts.

  • Technology
    • All
    • Environment
    • Science

    IBM Completes Acquisition of HRL Laboratories to Accelerate the Future of Quantum

    HAL and Safran Sign Historic Deal to Co-Develop New ‘Aravalli’ Helicopter Engine.

    Young Innovators from Varanasi, Prayagraj and Raebareli Make It To Samsung Solve for Tomorrow Top 40.

    Government Notifies ₹62,500 Cr Mobile Phone Manufacturing Scheme to Boost Global Competitiveness and Deepen Domestic Value Addition

    Karnataka Chief Minister D K Shivakumar Launches KEO: Scaling AI-Enabled Hardware Across Karnataka Public Schools.

    Scientific Beekeeping Can Boost Crop Yields By 40%, Says Agri Expert

  • Auto

    Jubilant MotorWorks Commits to Premium Experience at New Audi Bengaluru Hub.

    TCS and Porsche AG Partner to Accelerate the Future of AI-Powered Mobility.

    Zoomcar and Uber partner to give travelers more ways to plan road trips

    PPS Škoda celebrates Onam with delivery of 150 vehicles in Kerala.

  • Sports

    Top-ranked Indian juniors for KSLTA World Tennis Junior J30 Bengaluru

    Procam launches ‘HDOR – 100 Days of Running’.

    IBM Brings AI-Powered US Open Fan Experience Back to Madison Square Park

    Road to GCL Bengaluru: FIDE-Rated Rapid Chess Tournament to Bring 1,000 Players Together on August 26.

  • 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

  • Lifestyle
    • All
    • Food
    • Travel

    Apollo Hospitals Pivots Teynampet Cancer Flagship into 300-Bed Multi-Speciality Hub.

    JW Marriott Delhi to Host ‘The Great American Table’ Food Festival.

    Cuticura’s 8 Hours of Freshness You Need This Onam.

    Aora Launches aoraspectrum.com, Moving into Direct-to-Consumer Retail in India.

    Bangalore Watch Company Introduces its First-Ever Pocket Watch

    The Festive Countdown Begins with California Walnuts.

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Home Auto

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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