Škoda Auto Group achieved a record revenue of 26.5 billion euros in 2023, a 26.2% increase on the previous year. The company also increased its operating profit by 182.3% compared to the previous year to 1.8 billion euros. Globally, Škoda Auto delivered 866,800 vehicles to customers last year (+18.5%); and with 81,700 units sold, the Enyaq recorded the highest percentage growth among all models (+52.1%), making it one of the top-selling BEVs in many European markets. Škoda is also ‘resolutely implementing’ its plans in the areas of digitalisation and electrification, saying it is committed to investing billions of euros in e-mobility in the coming years.
Klaus Zellmer (pictured), Škoda Auto’s CEO, said: “With our results for 2023, we have once again demonstrated the resilience of our business model and great flexibility. Our strategy proves effective, and our diverse model portfolio continues to strike a chord with our customers. We are aware that this result is just a snapshot as the competition keeps growing while the global markets and consumer confidence will remain volatile.”
Martin Jahn, Škoda Auto board member for sales and marketing, added: “We achieved great sales numbers in 2023 with the Enyaq securing fourth place among all battery-electric vehicles across Europe. In Germany, our most important single market, it took third place. In our domestic Czech market, as well as in Slovakia, it was the top-selling electric model.
“We have also made progress in other key strategic areas. Through our Škoda X Innovation Hub, we have consistently continued to digitalise the customer journey around the vehicle thanks to the integration of services such as Pay to Park or Pay to Fuel.”
He concluded: “We have also taken the right steps to win over new customers to our brand. For example, our recent entry into the important growth market of Vietnam is strengthening our brand in the ASEAN region; and after establishing the strategic collaboration with our local partner in Kazakhstan we are ready to re-enter this promising market this year.”