Strategy

Škoda Auto successfully steered its transformation in line with the Next Level Škoda Strategy, which it committed to in 2021.
“Only the best is good enough for our customers.”
Adjustments were made to the strategy in 2023 in response to new external challenges and strategic changes within the Volkswagen Group and its Brand Group Core, adjustments that were structured around three thematic pillars: Brand and Market, Technology and Quality, and People and Company.
As part of the Brand and Market pillar, the Company aims to become the most attractive brand for customers termed Everyday Explorers, earn a top-3 market share in Europe, and be the leading European brand in India and in the ASEAN region.
The most attractive brand for Everyday Explorers customers
Škoda
Brand and Market

Road to New Heights

The updated brand strategy, driven by a spirit of exploration and curiosity, has taken the Company to remarkable places. In 2024, it connected with nearly 10,000 participants from 75 markets at the global Brand Experience event, fostering long-lasting relationships with others in attendance from all over the world.

Škoda
Brand and Market

The New Elroq – A Playful Metaphor of Curiosity

The Company’s communication approach made a significant breakthrough with the launch of the Škoda Elroq, where brand identity shone through an imaginative campaign.

Škoda
Brand and Market

ICE Models Remain Central

The launch of the new generation Kodiaq and Superb and the fresh-looking Octavia encouraged exploring the world through new perspectives.

Škoda
Brand and Market

Top 3 Market Share in Europe

Škoda Auto announced its ambition of becoming one of the top five bestselling carmakers in Europe by 2030. This goal had been achieved by 2024.

Škoda
Brand and Market

Leading European Brand in India and ASEAN

The Company launched the new Kylaq in November 2024 as an addition to its product offensive in India.

Škoda
Brand and Market

Further Extending the Regional Footprint

From early 2024, the Company expanded its internationalization strategy to the Middle East.

The pillar of Technology and Quality includes three priorities: Desirable and Accessible Mobility, Simply Clever Customer Experience, and Best-in-class Quality.
Technology and Quality
Škoda
Technology and Quality

Desirable and Accessible Mobility

Škoda Auto continued its efforts to create a diverse and sustainable portfolio in 2024, developing electric, hybrid, and conventional mobility solutions.

Škoda
Technology and Quality

Simply Clever Customer Experience

Škoda Auto’s customers have become central to decision-making processes at the Company.

Škoda
Technology and Quality

Best-in-class Quality

One of the objectives of Škoda Auto is to achieve the Best-in-class Quality position.

The final pillar, People and Company, is built on priorities that focus on Digital Skillset and Agile Mindset, Best-in-class in ESG, and Next Level Efficiency+.
People and Company
Škoda
People and Company

Digital Skillset and Agile Mindset

Škoda Auto made substantial investments in developing its workforce’s data analysis and artificial intelligence skills.

Škoda
People and Company

Best-in-class in ESG

Škoda Auto aims to achieve the very best results in its class in three areas of sustainability: the environment, the social sphere, and governance.

Škoda
People and Company

Next Level Efficiency+

With its Next Level Efficiency+ programme, the Company strives for sustainable financial results and harbours ambitious profitability targets.

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