Škoda Auto has made a strong start to 2025, delivering 238,600 vehicles worldwide in the first quarter – an increase of 8.2% compared to the same period last year. The company’s performance has outpaced the overall market, which declined by 0.3% in Europe.
Key Highlights
The success was driven by Škoda’s diverse model lineup, particularly its electric vehicles (EVs). The all-new Elroq compact SUV received over 45,000 orders by the end of March, while deliveries of the Enyaq model rose by 44.7% to 20,200 units. Overall, electrified models (BEVs and PHEVs) accounted for 15% of Škoda’s deliveries, up from 8% in Q1 2024.
Regional Performance
- In Europe, Škoda outperformed the market with a 5.2% delivery growth.
- Germany remained a strong market with 46,500 vehicles delivered (+6.7%).
- The UK saw a significant increase of 23.0% with 22,600 vehicles delivered.
- India’s new Kylaq SUV contributed to an 89.3% surge in deliveries, reaching 15,000 units.
Financial Results
Škoda Auto also reported robust financial results:
- Sales revenue increased by 10.4% to €7.259 billion.
- Operating profit rose by 2.1% to €546 million.
- Net cash flow improved by 15.3% to €527 million.
Strategic Expansion
The company continued its international expansion by:
- Opening a new assembly plant in Vietnam for the Slavia and Kushaq models.
- Entering the Omani market, marking further growth in the Middle East.
Outlook
Škoda’s strong Q1 performance positions it well for the rest of the year. The company remains committed to its electrification strategy and customer-focused approach. As Klaus Zellmer, CEO of Škoda Auto, stated, “Our customer-first approach in this era of transition to increased electrification has been validated by our success.”
