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Skoda

Skoda

ŠKODA AUTO more commonly known as Škoda, is a Czech automobile manufacturer founded in 1895 as Laurin & Klement. Its headquarters are in Mladá Boleslav, Czech Republic. In 1925 Laurin & Klement was acquired by the industrial conglomerate Škoda Works,[4] which itself became state owned in 1948. After 1991 it was gradually privatized and in 2000 Škoda became a wholly owned subsidiary of the Volkswagen Group. 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.The operating profit was €1.6 billion in 2017, an increase of 34.6% over the previous year. As of 2017, Škoda's profit margin was the second highest of all VW Group brands after Porsche.

ŠKODA AUTO more commonly known as Škoda, is a Czech automobile manufacturer founded in 1895 as Laurin & Klement. Its headquarters are in Mladá Boleslav, Czech Republic.
In 1925 Laurin & Klement was acquired by the industrial conglo…

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