Å koda Auto a.s.
Automotive manufacturing
Est. 1895Škoda Auto a.s., founded in 1895 by Václav Laurin and Václav Klement in Mladá Boleslav, Czech Republic, evolved from a bicycle manufacturer into a global automotive brand. The company transitioned into automobile production in 1905 with the Voiturette A, establishing early credibility in Europe. Following its 1991 acquisition by Volkswagen Group, Škoda gained access to advanced platforms and manufacturing technologies. By 2024, the company generates approximately $29 billion in annual revenue and operates in over 100 markets worldwide. It employs around 40,000 people and produces vehicles across multiple segments including compact cars and SUVs. Škoda is uniquely known for its value-for-money positioning and practical innovations like Simply Clever features.