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    Tourism Malaysia Strengthens India Market Engagement in Support of Visit Malaysia 2026 Campaign through 2027.

    Stripe agrees to acquire OpenRouter to help businesses optimize token routing and usage

    Uber Launches Baidu’s Fully Driverless Apollo Go in Dubai, Establishing the First Multi-Partner Autonomous Network Globally

    How to Buy Unlisted Shares in India: A Guide from Stockify.

    Unilever and Galaxy Surfactants deepen partnership to accelerate innovation and growth

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    Tourism Malaysia Strengthens India Market Engagement in Support of Visit Malaysia 2026 Campaign through 2027.

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

    Dr. T.A. Sharavana Hosts Mega Varamahalakshmi Celebrations; Top Celebs Attend.

    From Corporate Boardrooms to 250 Million+ Views: Producer Ritu Vaidya Builds Kusum Communications Into a Leading Vertical Drama Studio.

    Bangalore Watch Company Introduces its First-Ever Pocket Watch

    Four Months. Eleven Stores. Keemti’s Rapid Rise Signals Bold Retail Ambitions, Eyes 88 Stores by Year-End

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    Fintech Boost: Razorpay and RBL Bank Launch Multi-Currency Accounts for Global Businesses

    Stripe agrees to acquire OpenRouter to help businesses optimize token routing and usage

    India and ADB sign $230 million loan to modernise water supply and sanitation in Chennai

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    The Festive Countdown Begins with California Walnuts.

    Affordable and Accessible Healthcare for All

    Athulya Hits 300-Bed Milestone, Takes Lead in Bengaluru Geriatric Care.

    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.

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    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

    Arrive Expands Global Footprint with New Innovation Center in Bengaluru, India.

    Ai+ Smartphone is Planning to Expand with 100 Plus New Service Centres in South India, Strengthens Regional Growth Footprint

    EY India and Shri Ram College of Commerce (SRCC) launch AI VIBE to prepare students for AI-enabled careers

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    Uber Launches Baidu’s Fully Driverless Apollo Go in Dubai, Establishing the First Multi-Partner Autonomous Network Globally

    Drivn Signs MoU with Tata Motors to Offer Innovative Leasing and Financing Solutions for its Electric Commercial Vehicles.

    Volvo Cars strengthens Executive Management Team to support next phase of growth.

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

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    Olympic Medalist Casey Kaufhold To Debut As 12 Top International Stars Join Archery Premier League Season 2.

    World’s Top Chess Stars Set for Action from September 5 as Tech Mahindra Global Chess League Season 4 Tickets Go Live on BookMyShow.

    Duleep Trophy final to take place in Chennai

    The Business of Chess: Gerard Piqué Investment Signals Growing Franchise Valuations

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    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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    Bangalore Watch Company Introduces its First-Ever Pocket Watch

    The Festive Countdown Begins with California Walnuts.

    Kirtilals Unveils “Sindooram”, an Exquisite Bridal Jewellery Collection at Somajiguda Store.

    Union Minister Shobha Karandlaje Inaugurates Kalyan Silks’ New Bengaluru Facility.

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

    Bollywood Star Sara Ali Khan Inaugurates Longines’ Newest Bengaluru Landmark.

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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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