2017 was the most successful year in SKODA AUTO’s history
THE Czech carmaker set new records in both global vehicle deliveries and financial results. Deliveries increased by 6.6% to 1,200,500 vehicles compared to the previous year (2016: 1,126,500).
SKODA AUTO achieved the most successful financial year in the company’s history. In the same period, sales revenue also reached a new high increasing by 20.8% to 16.6 billion euros (2016: 13.7 billion euros). The traditional Czech brand recorded an operating profit of €1.6 billion, an increase of 34.6% over the previous year.
The company has set the course for further growth with its Strategy 2025 and the related model campaign. Over the next two years, SKODA AUTO will be launching a total of 19 new vehicles, including, in 2019, the series-production version of the SKODA VISION X study, which celebrated its world premiere at the Geneva Motor Show 2018.
‘2017 has impressively demonstrated how well our broad and attractive model range has been received: 2017 was the most successful year in the company’s history with more than 1.2 million vehicles delivered,’ says SKODA AUTO CEO Bernhard Maier. I would like to thank all our customers around the world for their confidence in our products and loyalty to our brand. We are more motivated than ever to continue this course. Not only will we be bringing out 19 new models by the end of 2020 but we will also be launching the most comprehensive investment program in the company’s history: Within the next five years, SKODA AUTO will invest around two billion euros into electromobility and new mobile services. We are actively implementing our Strategy 2025.’
Klaus-Dieter Schürmann, SKODA AUTO Board Member for Finance and IT, said that in combination with the attractive model mix and optimised product costs, SKODA have continued to grow profitably.