Annual Report 2023

Divisions

Škoda

Škoda logo (logo)

The Škoda brand presented the latest generations of the Superb and the Kodiaq in 2023. Unit sales, sales revenue and the operating result were up year-on-year.

BUSINESS DEVELOPMENT

The Škoda models are synonymous with smart understatement, featuring a superior spacious interior, the highest standards of functionality, excellent value for money and a distinctive design. Added to that are a number of “Simply Clever” innovations and new digital services, all aimed at making customers’ lives easier.

In the reporting year, Škoda unveiled the fourth generation of the Superb, which boasts a whole range of new features. The flagship model of the Czech brand in the internal combustion engine segment continues to be available as a saloon and an estate and is even more elegant, evocative and dynamic than its predecessor. The Superb impresses with a streamlined design, a dynamic and sleek silhouette, crisp lines and striking lights. Now longer and higher, it gives passengers more space and offers numerous Simply Clever details that increase both comfort and convenience – and not only behind the wheel. The completely redesigned interior shows a clear commitment to maximum comfort and the best possible user experience. Škoda also presented the second generation of the Kodiaq in 2023. This SUV takes sustainability and efficiency to the next level and comes with a new interior concept, the highlights of which are a 13-inch infotainment display, innovative digital dials with haptic controls and new equipment packages. The five powertrain options range from 110 kW (150 PS) to 150 kW (204 PS). The Kodiaq is now available in a plug-in hybrid variant for the first time, offering an electric range of up to around 100 km. The latest generation of LED matrix headlights and Dynamic Chassis Control are also debuted in the new Kodiaq. The all-electric Enyaq iV was updated in the past fiscal year: new motors increase the vehicle’s power to up to 250 kW (340 PS) and its range to up to 573 km. The charging speed was also improved.

The Škoda brand delivered 0.9 (0.7) million vehicles worldwide in the reporting year. Sales in Western Europe increased by 27.4%.

Škoda sold 1.1 (0.9) million vehicles in the past fiscal year. The Octavia and the all-electric Enyaq iV were particularly popular with customers.

The Škoda brand produced 0.9 million vehicles worldwide in fiscal year 2023. This was 16.1% more than in the previous year.

SALES REVENUE AND EARNINGS

The Škoda brand’s sales revenue increased by 26.2% to €26.5 billion in fiscal year 2023. The operating result improved to €1.8 (0.6) billion thanks to volume and price effects. Exchange rate effects and product costs, and the deconsolidation of Volkswagen Group Rus had a negative impact. At 6.7 (3.0)%, the operating return on sales more than doubled.

PRODUCTION

Units

 

2023

 

2022

 

 

 

 

 

Octavia

 

205,764

 

141,499

Rapid/Scala

 

172,661

 

148,895

Fabia

 

114,335

 

118,827

Kodiaq

 

107,323

 

100,164

Karoq/Kamiq

 

102,413

 

106,811

Enyaq iV

 

86,732

 

57,213

Superb

 

71,062

 

64,780

Kushaq

 

27,760

 

26,648

 

 

888,050

 

764,837

ŠKODA BRAND

 

 

2023

 

2022

 

%

 

 

 

 

 

 

 

Deliveries (thousand units)

 

867

 

731

 

+18.5

Vehicle sales

 

1,056

 

863

 

+22.4

Production

 

888

 

765

 

+16.1

Sales revenue (€ million)

 

26,536

 

21,026

 

+26.2

Operating result

 

1,773

 

628

 

x

Operating return on sales (%)

 

6.7

 

3.0

 

 

Kodiaq

Kodiaq (photo)
DELIVERIES BY MARKET

in percent

Delivieries by market – Škoda (pie chart)
Plug-in hybrid
Performance levels of hybrid vehicles. Plug-in hybrid electric vehicles (PHEVs) have a larger battery with a correspondingly higher capacity that can be charged via the combustion engine, the brake system, or an electrical outlet. This increases the range of the vehicle.
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