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  • Škoda Auto

    Czech automobile manufacturer

    Not to be confused with the now-separate engineering company Škoda Transportation or the former parent Škoda Works.

    Škoda Auto a.s. (Czech pronunciation:[ˈʃkoda]), often shortened to Škoda, is a Czech automobile manufacturer established in 1925 as the successor to Laurin & Klement and headquartered in Mladá Boleslav, Czech Republic. Škoda Works became state owned in 1948. After 1991, it was gradually privatized becoming the German multinational conglomerate Volkswagen Group. The Volkswagen Group became a partial subsidiary in 1994 and a wholly owned subsidiary in 2000.[4][5]

    Škoda automobiles are sold in over 100 countries, and in 2018, total global sales reached 1.25 million units, an increase of 4.4% from the previous year.[6] The operating profit was €1.6 billion in 2017, an increase of 34.6% over the previous year.[7][8] As of 2017, Škoda's profit margin was the second-highest of all Volkswagen AG brands after Porsche.[9]

    History

    [edit]

    The Škoda Works was founded by Czech engineer Emil von Škoda in 1859 in Plzeň, then in the Kingdom of Bohemia in

    Škoda Auto

    Not to be confused with Škoda Works or Škoda Transportation.

    Company typePrivate company
    IndustryAutomotive
    Founded1895 as Laurin & Klement
    FounderVáclav Laurin and Václav Klement
    Headquarters

    Mladá Boleslav

    ,

    Czech Republic

    Number of locations

    Factories in China, Czech Republic, India, Kazakhstan, Russia, Slovakia, Ukraine

    Area served

    Europe, Asia, South America, Australasia

    Key people

    Bernhard Mayer (Chairman of the Board of Directors), Dr Herbert Diees (Chairman of the Supervisory Board)
    ProductsAutomobiles

    Production output

    875,000 units (2011)
    ServicesAutomotive financial services
    Revenue€ 16.559 billion (2017)[1]

    Operating income

    € 1.611 billion (2017)[1]

    Net income

    € 1.274 billion (2017)[1]
    Total assets CZK 228.180 billion (2016)[2]
    (US$ 8.89 billion)
    Total equity CZK 137.580 billion (2016)[2]
    (US$ 5.36 billion)

    Number of employees

    35,437 (2020) 
    ParentVolkswagen Group
    Subsidiaries
    Websitewww.skoda-auto.com

    Škoda Auto (Czech pronunciation: [ˈʃkoda]  (listen

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  • 125 YEARS OF ŠKODA: one big family for generations

    The Velebný family in the right place at the right time

    In 1925, grandfather Josef Velebný (1906-1989) was the first in his family to join ŠKODA. From 1946 he headed the body construction department and was involved in the development of the timelessly elegant ŠKODA models from the forties to the sixties, including interesting derivative versions developed abroad. He played a role in the fundamental technological changes that took place in the 1950s and 60s. The first step was the switch to the safer, more kraftig and more spacious all-metal bodies, which first saw the light of day in the ŠKODA 1200 “Sedan” from 1952. The start of production of the monocoque body ŠKODA 1000 MB marked another revolutionary change.

    Josef Velebný with models of ŠKODA cars at the start of the 1950s: ŠKODA 1101/1102 Tudor at the back; its successor the Š 1200 Sedan at the front.

    55 years ago Velebný, as an experienced technician, was also involved in the creation of the TREKKA model, the predecessor of ŠKODA’s successful present-day range of SUVs. It was New Zealander Noel Turner, the owner of Motor Industries Ltd., a ŠKODA importerade varor that assemble