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    Unilever Investing $270m in Global Innovation Centre in New Haven, Connecticut.

    IFF Enters Into Agreement to Sell Its Food Ingredients Business to CVC.

    IBM and Red Hat Commit $5 Billion to Redefine the Future of Open Source in the AI Era.

    SolarEdge Opens the India Development Center in Bangalore, Expanding its Global R&D Network.

    Global Economic Outlook Hangs in Balance between Geopolitical Headwinds and AI boost, Chief Economists Warn.

    Indian Restaurant Congress Goes Global with Landmark London Edition During India Week 2026.

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    Sachin Tendulkar Highlights Tanishq’s Transparent Approach to Gold Exchange – Enabling Better Value for Customers.

    IIMC launches AI academy in Media & Entertainment to build future-ready AI capabilities in Indian Media

    SAP Technology Used by Some of the World’s Largest Companies is Now Accessible to Students in India.

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

    Disney and Philips bring together beloved storytelling and innovative technology to support kids undergoing MRI exams

    Navi UPI’s ‘Hurrypur SOCIAL’ Sparks Cricket Craze in Bengaluru, Draws 500+ Fans for Key Qualifier

  • Business

    Sachin Tendulkar Highlights Tanishq’s Transparent Approach to Gold Exchange – Enabling Better Value for Customers.

    Unilever Investing $270m in Global Innovation Centre in New Haven, Connecticut.

    IFF Enters Into Agreement to Sell Its Food Ingredients Business to CVC.

  • Health

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

    Disney and Philips bring together beloved storytelling and innovative technology to support kids undergoing MRI exams

    “Our vision is to make nutrition a standard feature in every kitchen, not a luxury.”-Mr. Jambulingappa Hosmani, MD, Panchamrutha Industries Pvt. Ltd

    Manipal Hospital Bhubaneswar Strengthens Robotic Orthopedic Care with 1000 Knee Replacement Successes.

    HCG Expands Oncology Presence with New Hebbal Hospital.

    Manipal Hospital Whitefield Celebrates a Landmark Achievement in Robotic Surgery.

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    IIMC launches AI academy in Media & Entertainment to build future-ready AI capabilities in Indian Media

    IBM and Red Hat Commit $5 Billion to Redefine the Future of Open Source in the AI Era.

    FAO outlines urgent measures and policy recommendations to avert severe crisis within six to 12 months

    IBM and U.S. Department of Commerce Announce America’s First Purpose-Built Quantum Foundry, Supported by Proposed $1 Billion CHIPS Award .

    Stellantis and Accenture Announce Plans for a Strategic Partnership to Advance AI-Driven Manufacturing with NVIDIA .

    AI-Powered Financial Inclusion in India

  • Auto

    MG MAJESTOR 4X2 Automatic Top Trim Launched at INR 40.99 Lakhs(ex-showroom price)

    Honda launches the New Honda City and marks India Debut of its Global Sporty Hybrid SUV All New ZR-V e:HEV.

    Fast charging gets even easier for all-electric Volvo drivers.

    Volvo Cars receives a specific authorization in the United States under the ICTS Connected Vehicles Rule.

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    Unilever launches largest sports partnership activation for FIFA World Cup 2026™

    Heyball Academy Bangalore and Chris Henry Set to Transform Bangalore into India’s Cue‑Sports Education Hub Introduces “Neural ReWiring” Coaching in India.

    We are not here to defend, we are here to attack” says Rajat Patidar

    International Para Athletics Championships in Bengaluru from May 26.

  • Entertainment

    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

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

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    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

    “Our vision is to make nutrition a standard feature in every kitchen, not a luxury.”-Mr. Jambulingappa Hosmani, MD, Panchamrutha Industries Pvt. Ltd

    Change in timings of ration distribution and fair price shops in Bengaluru.

    Barbeque Nation presents with Kenneth Gopinath.

    HCG Expands Oncology Presence with New Hebbal Hospital.

    Manipal Hospital Whitefield Celebrates a Landmark Achievement in Robotic Surgery.

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    Photo courtesy of Unispace

    Unilever Investing $270m in Global Innovation Centre in New Haven, Connecticut.

    IFF Enters Into Agreement to Sell Its Food Ingredients Business to CVC.

    IBM and Red Hat Commit $5 Billion to Redefine the Future of Open Source in the AI Era.

    SolarEdge Opens the India Development Center in Bangalore, Expanding its Global R&D Network.

    Global Economic Outlook Hangs in Balance between Geopolitical Headwinds and AI boost, Chief Economists Warn.

    Indian Restaurant Congress Goes Global with Landmark London Edition During India Week 2026.

  • National
    • All
    • Economy & Politics
    • Election

    Sachin Tendulkar Highlights Tanishq’s Transparent Approach to Gold Exchange – Enabling Better Value for Customers.

    IIMC launches AI academy in Media & Entertainment to build future-ready AI capabilities in Indian Media

    SAP Technology Used by Some of the World’s Largest Companies is Now Accessible to Students in India.

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

    Disney and Philips bring together beloved storytelling and innovative technology to support kids undergoing MRI exams

    Navi UPI’s ‘Hurrypur SOCIAL’ Sparks Cricket Craze in Bengaluru, Draws 500+ Fans for Key Qualifier

  • Business

    Sachin Tendulkar Highlights Tanishq’s Transparent Approach to Gold Exchange – Enabling Better Value for Customers.

    Unilever Investing $270m in Global Innovation Centre in New Haven, Connecticut.

    IFF Enters Into Agreement to Sell Its Food Ingredients Business to CVC.

  • Health

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

    Disney and Philips bring together beloved storytelling and innovative technology to support kids undergoing MRI exams

    “Our vision is to make nutrition a standard feature in every kitchen, not a luxury.”-Mr. Jambulingappa Hosmani, MD, Panchamrutha Industries Pvt. Ltd

    Manipal Hospital Bhubaneswar Strengthens Robotic Orthopedic Care with 1000 Knee Replacement Successes.

    HCG Expands Oncology Presence with New Hebbal Hospital.

    Manipal Hospital Whitefield Celebrates a Landmark Achievement in Robotic Surgery.

  • Technology
    • All
    • Environment
    • Science

    IIMC launches AI academy in Media & Entertainment to build future-ready AI capabilities in Indian Media

    IBM and Red Hat Commit $5 Billion to Redefine the Future of Open Source in the AI Era.

    FAO outlines urgent measures and policy recommendations to avert severe crisis within six to 12 months

    IBM and U.S. Department of Commerce Announce America’s First Purpose-Built Quantum Foundry, Supported by Proposed $1 Billion CHIPS Award .

    Stellantis and Accenture Announce Plans for a Strategic Partnership to Advance AI-Driven Manufacturing with NVIDIA .

    AI-Powered Financial Inclusion in India

  • Auto

    MG MAJESTOR 4X2 Automatic Top Trim Launched at INR 40.99 Lakhs(ex-showroom price)

    Honda launches the New Honda City and marks India Debut of its Global Sporty Hybrid SUV All New ZR-V e:HEV.

    Fast charging gets even easier for all-electric Volvo drivers.

    Volvo Cars receives a specific authorization in the United States under the ICTS Connected Vehicles Rule.

  • Sports

    Unilever launches largest sports partnership activation for FIFA World Cup 2026™

    Heyball Academy Bangalore and Chris Henry Set to Transform Bangalore into India’s Cue‑Sports Education Hub Introduces “Neural ReWiring” Coaching in India.

    We are not here to defend, we are here to attack” says Rajat Patidar

    International Para Athletics Championships in Bengaluru from May 26.

  • Entertainment

    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

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

  • Lifestyle
    • All
    • Food
    • Travel

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

    “Our vision is to make nutrition a standard feature in every kitchen, not a luxury.”-Mr. Jambulingappa Hosmani, MD, Panchamrutha Industries Pvt. Ltd

    Change in timings of ration distribution and fair price shops in Bengaluru.

    Barbeque Nation presents with Kenneth Gopinath.

    HCG Expands Oncology Presence with New Hebbal Hospital.

    Manipal Hospital Whitefield Celebrates a Landmark Achievement in Robotic Surgery.

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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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