ŠKODA AUTO posts revenues totalling CZK 407bn for 2017

Published: 22.03.2018 Related countries:  United Arab Emirates United Arab Emirates

2017 was the most successful year in its history so far for ŠKODA AUTO. By the end of 2020, ŠKODA AUTO will launch a total of 19 new models.

Czech automaker ŠKODA AUTO delivered in 2017 a total of 1.2 million cars to its customers. Its revenues totalled CZK 407bn and a net profit reached CZK 31.8bn. According to daily Hospodářské noviny, the company can still grow on some markets, such as in China, where it sold 325,000 cars in 2017. The automaker plans an expansion to new markets, such as India. Its Czech factories are, however, fully utilised. The company is now solving the problem of a growth in its production plans’ capacity.

Source: CIANEWS, skoda-auto.cz