Škoda Auto Reports Record Revenues, Driven by Strong Sales and Electrification Push
Mladá Boleslav – Škoda Auto announced record-breaking financial results for 2025, fueled by a surge in vehicle deliveries and a significant increase in revenue. The Czech automaker reported revenues of 30.1 billion euros (approximately 737.45 billion Czech Koruna as of March 12, 2026, using an exchange rate of 24.50 CZK per euro) – a substantial increase from the 27.8 billion euros recorded in 2024. This success is underpinned by the sale of nearly 1.044 million vehicles, representing a 12.7% year-on-year increase, marking the best delivery result for the brand in the last six years, according to a company spokesperson, Jozef Baláž.
While sales haven’t yet reached pre-pandemic levels – 1.25 million vehicles were sold in 2018 – revenue has more than doubled since then, mirroring a similar trend in operating profit. In 2018, revenues reached nearly 417 billion Czech Koruna. Škoda Auto’s performance in 2025 also saw the company secure its position as the third best-selling brand in Europe overall and the fourth most popular manufacturer of electric vehicles. These results come during the company’s 130th anniversary year, a milestone celebrated by Chairman of the Board Klaus Zellmer as a testament to Škoda’s enduring success.
Strong Growth in Key Markets, Particularly India
Zellmer highlighted the company’s impressive growth in key markets, particularly India, where sales have doubled. This expansion signals Škoda’s strategic focus on emerging economies and its ambition to capitalize on the growing demand for automobiles in these regions. The company sees significant growth potential in the Indian market and is actively investing in its presence there. Škoda Auto’s success is also attributed to a strategic focus on both traditional combustion engine vehicles and a rapidly expanding electric vehicle lineup.
The Octavia remains Škoda’s best-selling model, with the fourth generation, launched in 2020, surpassing one million units sold. Following the Octavia in 2025, the Kodiaq, Kamiq, and Fabia models also contributed significantly to overall sales figures. This demonstrates the continued appeal of Škoda’s established models alongside its newer offerings.
Electrification Strategy Gains Momentum with New Models
Škoda Auto is accelerating its electrification strategy, with plans to introduce two new all-electric models in 2026. The Epiq, a fully electric crossover, and the Peaq, a seven-seater family SUV, will join the existing Enyaq and Elroq electric vehicles in Škoda’s portfolio. The company is also expanding its range of hybrid versions of popular models like the Superb and Kodiaq, offering customers a wider choice of powertrain options. According to Martin Jahn, a member of the board responsible for sales and marketing, Škoda is committed to providing customers with the freedom to choose the models and powertrains that best suit their needs.
By the conclude of 2026, Škoda intends to offer a total of 14 model ranges globally, encompassing combustion engine, hybrid, and fully electric vehicles. Notably, three of these model ranges will be specifically tailored for the Indian and Vietnamese markets, reflecting the company’s commitment to localized offerings and catering to the unique demands of these regions.
Leadership Transition in Corporate Communications
In September 2025, Škoda Auto announced a change in leadership for its Corporate Communications department. Jozef Baláž returned to the role, having previously held the position from 2011 to 2017. He succeeds Tomáš Kotera, who after more than 25 years with Škoda Auto, both domestically and internationally, is pursuing new professional opportunities. Tom Drechsler, Head of Škoda Auto Communications, welcomed Baláž back to the team, citing his extensive experience within Škoda and the broader Volkswagen Group as valuable assets during a period of transformation and global growth. Baláž previously served as Communications Manager at Volkswagen Bratislava in 2009 and 2010, and as Director of PR and Communications at Volkswagen Group China in Beijing between 2017 and 2023. Prior to reassuming his role in Corporate Communications, he was Head of Customer Experience & Engagement at Škoda Auto for nearly two years.
Financial Highlights and Future Outlook
Škoda Auto’s financial performance in 2025 demonstrates a significant improvement over the previous year. Operating profit reached 2.5 billion euros (approximately 61.25 billion Czech Koruna), up from 2.3 billion euros in 2024. The company’s strong financial results are a testament to its successful product strategy, efficient operations, and growing market share. Škoda Auto’s commitment to innovation, particularly in the field of electric mobility, positions it for continued success in the evolving automotive landscape.
The company’s recent investment in battery production at its Mladá Boleslav facility, as reported by Novinky.cz, further underscores its dedication to electrification and its ambition to become a leading player in the electric vehicle market. This new battery production facility is intended to be a cornerstone of Volkswagen’s broader electrification strategy.
Looking ahead, Škoda Auto is focused on expanding its electric vehicle lineup, strengthening its presence in key markets like India, and continuing to deliver innovative and high-quality vehicles to customers worldwide. The company’s commitment to sustainability and its forward-looking vision position it for continued growth and success in the years to come.
The next key event for Škoda Auto will be the official launch of the Epiq crossover in the first half of 2026. Further details regarding pricing, specifications, and availability will be announced closer to the launch date. Stay tuned to World Today Journal for continued coverage of Škoda Auto’s progress and developments.
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