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    KKR to Acquire Leading Multi-Specialty Healthcare Provider Medicover India.

    Toyota Joins in Supporting 2026 Kumamoto Earthquake Relief Efforts.

    Air India expands service to Canada for winter season with new Mumbai-Toronto flights, begins operating brand-new B787-9 on Delhi-Toronto flights.

    Shell signs agreement to sell European onshore renewables portfolio to TotalEnergies.

    Shell agrees to sell BG Cyprus Limited.

    TMC Announces Changes to Organizational Structure.

  • National
    • All
    • Economy & Politics
    • Election

    The Digital Transformation of the Indian Judiciary .

    IT Rules, 2021 Mandate Classification for Liquor & Tobacco Content; 3-Tier Mechanism Redresses Code of Ethics Complaints .

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

    Bengaluru to Get 3 New Lalbagh-Style Parks: CM DK Shivakumar.

    PR Newswire Signs Affiliate Membership with PRCAI to Strengthen India’s Communications Ecosystem.

    Puri, Wayanad and Goa Emerge as Trending Summer Choices for Indian Families, Agoda Reports.

  • Business

    I4C cautions corporates and finance professionals against ‘Boss Scam’: WhatsApp account takeover through malicious ‘Statement of Account’, ‘MCA’ and ‘RBI’ files aimed at high-value financial fraud .

    Britannia’s Consolidated Sales for the quarter grew 9.5%, while Net profit grew 14.1%.

    KKR to Acquire Leading Multi-Specialty Healthcare Provider Medicover India.

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    Union Health Ministry Notifies Stricter Drugs Rules to Debar Applicants Submitting Fake or Fabricated Data.

    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)

    Fortis Hospitals Mumbai Launches ‘Har Ghar Hero’.

    Apollo Hospitals, Sheshadripuram Introduces iTIND for Young Men with Bladder Neck Obstruction

  • Technology
    • All
    • Environment
    • Science

    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.

    HCLTech delivers robust Q1 led by record deal bookings of $2.4 billion.

    L&T Technology Services Global EI Hackathon Sparks the Next Wave of AI-Native Engineering Solutions .

  • Auto

    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.

    Roads Reimagined: The Rise of India’s Electric Vehicles Ecosystem .

    India is Still Clutching Hard: 72% of Used Car Buyers Pick Manual, but the Under 35 Buyers are Switching.

  • Sports

    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.

    Srishti’s efforts go in vain at World Tennis U-14 Junior Team Finals.

    Auqib Nabi replaces Jasprit Bumrah in India’s Test squad.

  • 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

    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.

    First Direct Express Train Between Ramnagar and Dehradun to Improve Connectivity Between Kumaon and Garhwal Regions of Uttarakhand

    Karnataka Government allows Bengaluru hotels, restaurants to stay open till 3.30 am for FIFA World Cup

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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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