Skoda Auto Group's financial performance in 2024 is excellent, and it plans to expand its electric vehicle product line

2024 was the best year in the financial history of the Skoda Auto Group, with record sales revenue of €27.8 billion (+4.7%) and operating profit of €2.3 billion (+30.0%). Net cash flow doubled to more than €2 billion (+116.2%), and return on sales increased further to 8.3%. Skoda Auto delivered 926,600 vehicles to customers worldwide (+6.9%), with the Octavia being the brand's best-selling model (215,700 units; +12.4%). Skoda is planning to expand its electric vehicle product line and increase vehicle sales by 8% this year.