ŠKODA AUTO produced more vehicles in the Czech Republic in 2018 than ever before

ŠKODA AUTO produced more vehicles in the Czech Republic in 2018 than ever before

› Record: 886,100 ŠKODA vehicles produced in the Czech Republic

› ŠKODA AUTO contributes around 5% to Czech GDP, accounting for 9% of country’s total exports

› The manufacturer’s production sites are constantly modernized

› Investing in the future: ŠKODA AUTO invests two billion euros in electromobility and new

mobility services

› Endowment fund of more than 30 million euros to strengthen Mladá Boleslav region

Mladá Boleslav, 24 January 2019 – ŠKODA AUTO produced more vehicles in the Czech

Republic in 2018 than ever before in its 124-year history. In total, 886,100 vehicles ran off the

production lines at the Mladá Boleslav and Kvasiny factories. This result corresponds to an

increase of 3.3% compared to the previous year (2017: 858,100 vehicles) and is the outcome of

consistently modernizing and expanding the Czech production sites. In order to secure the

long-term future of the automotive sector in the Czech Republic, the manufacturer plans to

invest two billion euros in electromobility and new mobility services by 2025. With an

endowment fund of more than 30 million euros for Mladá Boleslav, ŠKODA is also supporting

long-term infrastructure projects to boost the attractiveness of the region.

Michael Oeljeklaus, ŠKODA AUTO Board Member for Production and Logistics, emphasizes: “The

automotive industry is by far the most important economic sector for the Czech Republic. It

contributes 9 percent to the Czech Republic’s gross domestic product. The automotive industry

accounted for around 25 percent of all Czech exports in 2018. We are proud of the fact that the

ŠKODA brand is one of the country's economic pillars and almost two-thirds of all cars produced in

the Czech Republic rolled off our production lines last year.”

Bohdan Wojnar, ŠKODA AUTO Board Member for Human Resources, adds: “The production

record is a credit to our employees’ skills and flexibility at the Czech sites. Their outstanding

performance on a daily basis at the Mladá Boleslav and Kvasiny factories and the Vrchlabí

component factory as well as the productive talks with our social partner make it possible for our

company to succeed.”

A total of 886,100 vehicles left the car manufacturer’s Czech plants in 2018. ŠKODA AUTO

exceeded the previous year’s strong result by 3.3% (2017: 858,100 vehicles). ŠKODA produces the

brand’s best-selling model, the OCTAVIA, in Mladá Boleslav. 258,000 units in the model series

were built at this plant in 2018. In addition to the compact model, the KAROQ, FABIA and RAPID

models are produced at the main factory. The car manufacturer produces the ŠKODA SUPERB

and the SUV models KODIAQ and KAROQ in Kvasiny. In May 2018, ŠKODA expanded its

production site in the Hradec Králové region to include a multifunctional competence centre costing

13.5 million euros. This year, the series production of the ŠKODA SUPERB with plug-in hybrid drive

will be launched at this location.

At Vrchlabí, the company's state-of-the-art component plant, the manufacturer produced in 2018

around 538,760 units of the modern automatic transmission DQ 200, which is used in numerous

vehicles of the Volkswagen Group. Additional components are produced in Mladá Boleslav as well.

Besides the 602,970 MQ 200 and MQ / SQ 100 transmissions, employees at the company’s

headquarters built 584,880 engines last year.

As one of the largest employers in the country, ŠKODA AUTO also invests in regional infrastructure

projects at its production sites in order to increase the attractiveness of the respective regions. For

example, the car manufacturer has established an endowment fund for Mladá Boleslav, providing it

with initial capital of 30 million euros. This money is available for projects aimed at strengthening

the Mladá Boleslav region. ŠKODA AUTO works closely with partners from politics, public

administration and civil society.

ŠKODA AUTO launches electromobility in 2019

The Czech automobile manufacturer has set the course for a successful future by launching the

largest investment programme in ŠKODA AUTO’s history as part of Strategy 2025: two billion euros

are to be invested in the development of electric vehicles and new mobility services. The batterypowered

version of the ŠKODA CITIGO and the ŠKODA SUPERB with plug-in hybrid drive will be

launched this year. The production version of the ŠKODA VISION E battery-powered concept study

will follow in 2020.

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Group profile

In existence since 1805, and across family generations, D’Ieteren seeks growth and value creation by pursuing a strategy on the long term for its businesses and actively encouraging and supporting them to develop their position in their industry or in their geographies. The Group has currently the following activities:

  • D'Ieteren Automotive distributes Volkswagen, Audi, SEAT, Škoda, Bentley, Lamborghini, Bugatti, Porsche and Yamaha vehicles in Belgium. It has a market share of around 22% and 1.2 million vehicles on the road. Its business model is evolving towards improving the lives of citizens with fluid, accessible and sustainable mobility. Sales and adjusted operating result reached respectively EUR 3.6 billion and EUR 119.0 million in FY 2019.
  • Belron (54.85% of the voting rights) has a clear purpose: “making a difference by solving people’s problems with real care”. It is the worldwide leader in vehicle glass repair and replacement and operates in 39 countries, through wholly owned businesses and franchises, with market leading brands – including Carglass®, Safelite® and Autoglass®. In addition, Belron manages vehicle glass and other insurance claims on behalf of insurance customers. Sales and adjusted operating result reached respectively EUR 4.2 billion and EUR 400.5 million in FY 2019.
  • Moleskine (100% owned) is a premium and aspirational lifestyle brand which develops and sells iconic branded notebooks and writing, travel and reading accessories through a multichannel distribution strategy across 114 countries. Sales and adjusted operating result reached respectively EUR 163.9 million and EUR 18.6 million in FY 2019.
  • D’Ieteren Immo (100%) groups together the Belgian real estate interests of D’Ieteren Group. It owns and manages approximately 30 properties which generated EUR 19.7 million net rental income in FY 2019. It also pursues investment projects and carries out studies into possible site renovations. 

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