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    TPG to Acquire Majority Stake in Sabre Industries from Blackstone Energy Transition Partners

    LG Energy Solution to Acquire Full Ownership of NextStar Energy in Joint Strategic Decision with Stellantis

    Tata International and Mercuria to form a joint venture to scale global commodities trading and supply chain solutions

    PLASTINDIA 2026: One of the World’s Largest Plastics Exhibitions to Begin Tomorrow in New Delhi

    World Cancer Day 2026 at All India Institute of Ayurveda, New Delhi Observes World Cancer Day 2026 with Awareness and Academic Activities

    BMW celebrates the inaugural edition of Art Basel Qatar.

  • National
    • All
    • Economy & Politics
    • Election

    Celebrate Valentine’s with Dubstep®’s Love on Loop—Win a Trip for Two to Goa and More

    Union Minister Ashwini Vaishnaw launches 2 nm semiconductor chip in Qualcomm in Bengaluru

    Importing pulses is a matter of shame for us; now India will become an exporter of pulses: Shivraj Singh Chouhan

    Parihar Skill Development Project programme.supported by the Bengaluru City Police, inaugurated its first mushroom cultivation centre.

    As of 2nd February 2026, 53 Tele MANAS Cells have been set up in 36 States/ UTs

    Karnataka is the first in the country to implement the crop insurance scheme – Chief Minister Siddaramaiah Farmers can become entrepreneurs by engaging in post-production agriculture – Chief Minister’s call to farmers

  • Business

    “Our global operating environment continues to be shaped by tariffs, geopolitical shifts and policy divergence.”-Mr. T V Narendran, CEO & MD.

    BEL receives orders worth Rs.581 Crore

    TPG to Acquire Majority Stake in Sabre Industries from Blackstone Energy Transition Partners

  • Health

    As of 2nd February 2026, 53 Tele MANAS Cells have been set up in 36 States/ UTs

    Philips named a Clarivate Top 100 Global Innovator for the 13th consecutive year

    Pullman Chennai Anna Salai Celebrates Pongal with a Farm-to-Fork Tamil Harvest Buffet Thursday,15th of Jan 2026-

    Breaking Barriers in Diabetes Care: Cipla Launches #InhaleTheChange Campaign

    Novo Nordisk A/S: Wegovy® pill approved in the US as first oral GLP-1 for weight management

    A special Wellness and Meditation Session by Sahaja Yoga was conducted at the Bengaluru HR Summit & HR Leaders Awards 2025.

  • Technology
    • All
    • Environment
    • Science

    India AI Stack: Powering Intelligence at Scale

    Government of Karnataka Announces “Bengaluru GAFX 2026”; Unveils ‘Evolution Reloaded’ Vision for AVGC and Creative Technologies

    KKR and Oak Hill Capital Commit Nearly $2 Billion to Leading European Data Center Platform Global Technical Realty

    Delta Electronics India to Provide 110 MW in Power Conditioning Systems to Prostarm Info Systems Ltd. for Multiple Energy Storage Projects in India

    Transforming India with AI

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  • Auto

    BMW celebrates the inaugural edition of Art Basel Qatar.

    Tata Motors registered total sales of 41,549 commercial vehicle units in January 2026

    For the first time, India enters the Top 5 global markets list for Mercedes-Maybach

    PEUGEOT AND PATHÉ, AN UNPRECEDENTED PARTNERSHIP PROMOTING THE EXCELLENCE OF FRENCH CINEMA

  • Sports

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    Greenwood High student Wins Gold in Under-19 Peep Sight Air Rifle at the 69th National School Games (SGFI)

  • Entertainment

    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

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

    GenS Life and Dowith Lit Present ‘Senior Spotlight’: Bengaluru’s Open Mic Celebration for the 55+

    PMJ Jewels Launches PMJ SuperStar Bracelet and ‘Celebrating Daughters’ Campaign

  • Lifestyle
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    • Food
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    Celebrate Valentine’s with Dubstep®’s Love on Loop—Win a Trip for Two to Goa and More

    As of 2nd February 2026, 53 Tele MANAS Cells have been set up in 36 States/ UTs

    Philips named a Clarivate Top 100 Global Innovator for the 13th consecutive year

    LINDBERG Unveils an Exclusive Lunar New Year Precious Special Edition

    Pullman Chennai Anna Salai Celebrates Pongal with a Farm-to-Fork Tamil Harvest Buffet Thursday,15th of Jan 2026-

    Malaysia Airlines Celebrates Resumption of Direct Flights to Chengdu,Strengthening Connectivity to Western China 

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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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February 8, 2026

“Our global operating environment continues to be shaped by tariffs, geopolitical shifts and policy divergence.”-Mr. T V Narendran, CEO & MD.

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