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2024
has been a year marked
by signicant premieres and
model updates. Despite
the challenges associated with
vehicle ramp-ups, the Czech
brand continues to stand out
as a nancial stronghold within
the Volkswagen Group. Named
‘Manufacturer of the Year’
by Automobilwoche.
Škoda Auto’s CEO, Klaus Zellmer,
has had a busy year, travelling
extensively for world premieres,
management meetings, and
factory visits, including his most
recent trip to India at the end of
November. The hard work has
paid o: with a return on sales
exceeding %, an operating prot
of over billion, and estimated
revenues nearing billion,
Škoda was named ‘Manufacturer
of the Year’ by the German
magazine Automobilwoche.
“Good portfolio, good products,
and good innovations, paired
with low production costs and
our excellent dealers,” Zellmer
summarised the reasons behind
the company’s success in an
interview with Automobilwoche.
In a year lled with complex
production challenges and rising
revenues, Škoda has proven its
resilience and ability to manage
pressure eectively.
Škoda Excels
on All Fronts
Škoda Auto has produced its one-millionth
battery system in Mladá Boleslav. The
carmaker has been manufacturing high-
voltage traction batteries since when
production began for the Superb iV plug-in
hybrid model. Currently, Škoda focuses
exclusively on batteries for fully electric
vehicles based on the MEB platform, with
production running on two assembly lines
capable of producing , units per day.
The batteries have capacities ranging from
to kWh. They are not only used in the Škoda
but also tted in other Volkswagen Group models.
Number of the Week
1,000,000
▶ For further details, please see
the press release.
▶ Read the full article on
Škoda Space.
▶ Watch the video greeting of all board
members at Škoda Space.
Dear Škoda Family,
As the year comes to a close, I want to take a moment
to reect on our incredible journey together and
celebrate the milestones we’ve achieved. This year has
been remarkable for Škoda Auto in many ways. Here
are just the highlights:
• We launched the most up-to-date and diverse
product portfolio in our history, including most
recently the Elroq, which has already garnered both
media acclaim and interest from customers.
• Our new Kylaq model in India is showing great
promise as the next step in our internationalisation
strategy to build a solid second regional market
outside Europe.
• Škoda is now the
th
-most popular new car brand in
Europe, up from
th
in and
th
in – a truly
outstanding achievement!
• Our nancial performance has been equally strong,
with signicant growth in revenues, operating
prot, return on sales, and a noteworthy cash ow.
The details will have to wait until we report our
annual results in March, but I would already say
congratulations are in order.
• We will start from an enviable position of
strength – which will help us navigate the mounting
challenges of the year ahead, including growing
competition from Asia in our core markets.
I hope this holiday season brings you joy, warmth,
and cherished moments with loved ones. May the
New Year be lled with exciting opportunities and
happiness for you!
Warm regards,
Klaus Zellmer
Christmas Greetings
From Klaus Zellmer
For Škoda Auto employees
Škoda Has Been Developing and
Manufacturing Its Own Engines
for 125 Years
Engine development and production have
been a cornerstone of Škoda’s operations in
Mladá Boleslav for years, earning
the brand a place among the world’s
longest-established engine manufacturers.
Škoda Auto is marking this signicant mi-
lestone with the production of the ve-mi-
llionth engine in the EA 211 series. Since
1899, the company has manufactured more
than 15 million engines, including notable
innovations such as Central Europe’s rst
inline eight-cylinder engine, aluminium
die-cast engine blocks in the -litre class, and
modern MPI and TSI units.
▶ For further details, please see the press release.