Skoda Statistics 2024 By Market, Revenue, Region And Country

Skoda Statistics 2024 By Market, Revenue, Region And Country

WHAT WE HAVE ON THIS PAGE

Introduction

Skoda Statistics: Skoda, the car brand known for being smart and affordable, has a long history. It all started way back in 1895, not with cars, but with two guys in what is now the Czech Republic fixing bicycles! Their names were Vaclav Laurin and Vaclav Klement. Soon, they were building motorcycles, too.

By 1905, they were making cars, which was the beginning of Skoda! Today, Skoda is a huge success story! They make all sorts of cars, from the small Fabia to the big Kodiaq SUV. They’re reliable, comfortable, and have lots of features, all for a good price.

Let us review the Skoda Statistics to understand their current and predicted performance in the industry.

Editor’s Choice

  • Concerning the worldwide market for Skoda, the majority of the revenue is projected to be generated from Germany, which will contribute 3,595 US million dollars.
  • Skoda Statistics 2024 shows that, in the mentioned year, revenue in the worldwide market is expected to reach USD 17 billion.
  • Skoda’s major countries for car purchases are Czechia and Germany, which account for 34% and 16%, respectively. Poland has an 11% market share in the same category. However, remaining countries such as Hungary, Spain, Slovakia, and Romania account for less than 10% each.
  • Skoda Asian Passenger Cars reports that revenue in the Asian market is estimated to amount to USD 1,260 million in the current year.
  • In 2023, Skoda Auto reported a revenue of approximately 20 billion US dollars, with projections indicating a potential increase to 22 billion US dollars in 2024.

Skoda (Passenger Cars) Market By Region

Worldwide

  • Skoda Statistics 2024 shows that, in the mentioned year, revenue in the worldwide market is expected to reach USD 17 billion.
  • By 2028, it is predicted that around 664.2k vehicle units will be sold.
  • Furthermore, the volume-weighted average price of Skoda in the current year is estimated to be 23k US dollars.
  • Regarding the worldwide market for Skoda, the majority of the revenue is projected to be generated from Germany, which will contribute 3,595 US million dollars.
  • It is projected that, between 2024 and 2028, the growth rate revenue will decline to -2.19%, leading it to USD 15 billion by the forecast period.

Africa

  • The volume-weighted average price of Skoda is estimated to be USD 22k in 2024.
  • The revenue in the African Skoda market is projected to amount to USD 11 million in the current year.
  • Skoda Statistics further estimates that, by 2028, the unit sales will reach 907.0 vehicles.
  • Between 2024 and 2028, the revenue will amount to US$ 20 million, with a CAGR of 15.14%.
  • The unit sales are estimated to be 907.0 vehicles by the forecast period.

Asia

  • Skoda Asian Passenger Cars market report that, in the current year, the revenue is estimated to amount to USD 1,260 million.
  • By 2028, the Skoda sales are expected to reach 59.9k vehicles.
  • Furthermore, the volume-weighted average price of Skoda is estimated to be US$23k.
  • The annual growth rate of revenue between 2024 and 2028 is expected to be 1.95%, reaching US$1,361 million by the forecast period.

Australia and Oceania

  • As of today, the revenue in the market is projected to amount to 6 million US dollars.
  • In addition, the unit sales are projected to reach 502.0 vehicles by 2028.
  • The volume-weighted average price in the current year is estimated to be US$23k.
  • By the forecast period, the Skoda unit sales are projected to be 502.0 vehicles.

Europe

  • Skoda Statistics show that As of 2024, the revenue for the European Skoda market is projected to amount to USD 16 billion.
  • The volume-weighted average price of the same is estimated to be USD 23k.
  • Furthermore, the annual growth rate is expected to be -2.58% between 2024 and 2028, declining the market volume to USD 14 billion by the forecast year.
  • By 2028, it is expected that the unit sales will reach 602.9k vehicles.

Skoda Statistics By Net Profit

net-profit-of-koda-auto-company-worldwide-from-2010-to-2023

(Reference: statista.com)

Skoda Statistics show that over the last two decades, the net profile has been experiencing a roller coaster ride. In 2022, it declined to 12.77 billion Czech koruna but increased significantly to 32.71 billion Czech koruna. The highest-ever net profit was recorded in the previous year.

Share of Car Purchases of Skoda Worldwide By Country

share-of-car-purchases-of-koda-worldwide-in-2023-by-country

(Reference: statista.com)

Skoda Statistics show that Skoda’s major countries for car purchases are Czechia and Germany, which account for 34% and 16%, respectively. Poland has an 11% market share in the same category. However, remaining countries such as Hungary, Spain, Slovakia, and Romania account for less than 10% each.

Most Sold Skoda Models

In 2023, Skoda Octavia became the most-produced model globally, with a volume of nearly 2,00,000 cars produced.

number-of-sold-cars-by-koda-auto-company-in-2023-by-most-popular-models

(Reference: statista.com)

As of 2023, Skoda Statistics reported that its Octavia, Kamiq, and Kodiaq models were the most sold. Collectively, these models sold more than 414 thousand cars. Other models, such as Karoq, Fabia, Enyag, etc., were listed under a similar category.

Number of Cars produced by Skoda Auto Company 2023 by popular models

Model Name Number of produced cars
Skoda Octavia 205,764
Skoda Kamiq 115,282
Skoda Kodiaq 107,110
Skoda Karoq 96,425
Skoda Fabia 94,427
Skoda Enyaq iV 72,750
Skoda Superb 71,364
Skoda Scala 61,169
Skoda Kushaq 27,800
Skoda Slavia 19,932
Skoda Enyaq Coupé 13,982
Skoda Kamiq GT 1,148
Skoda Rapid 1,051
Skoda Kodiaq GT 214

(Source: statista.com)

List of Skoda Vehicles By Year (Recent/ Current models)

Type Model Year Introduced
Hatchback Fabia 1996
Hatchback Scala 2019
Sedan/Liftback Octavia 1996
Sedan/Liftback Superb 2001
Sedan/Liftback Slavia 2021
Station Wagon Octavia 1996
Station Wagon Superb 2001
SUV/Crossover Enyaq 2020
SUV/Crossover Kamiq 2019
SUV/Crossover Kamiq (only in China) 2018
SUV/Crossover Kamiq GT (only in China) 2019
SUV/Crossover Karoq 2017
SUV/Crossover Kodiaq 2016
SUV/Crossover Koaiaq GT 2018
SUV/Crossover Kushal 2021

(Source: wikipedia.org)

List of Skoda Vehicles By Year (Historic models)

Model Year
Laurin & Klement A 1905–07
Laurin & Klement B 1906–08
Laurin & Klement C 1906–08
Laurin & Klement D 1906–07
Laurin & Klement E 1906–09
Laurin & Klement B2 1907–08
Laurin & Klement C2 1907–08
Laurin & Klement F 1907–09
Laurin & Klement FF 1907
Laurin & Klement FC 1907–09
Laurin & Klement HO/ HL/HLb 1907–13
Laurin & Klement BS 1908–09
Laurin & Klement FCS 1908–09
Laurin & Klement G 1908–11
Laurin & Klement DO/DL 1909–12
Laurin & Klement FDO/FDL 1909–15
Laurin & Klement EN 1909–10
Laurin & Klement FN/GDV/RC 1909–13
Laurin & Klement FCR 1909
Laurin & Klement L/LO 1909–11
Laurin & Klement ENS 1910–11
Laurin & Klement K/Kb/LOKb 1911–15
Laurin & Klement LK 1911–12
Laurin & Klement S/Sa 1911–16
Laurin & Klement DN 1912–15
Laurin & Klement RK 1912–16
Laurin & Klement Sb/Sc 1912–15
Laurin & Klement M/Mb/MO 1913–15
Laurin & Klement MK/400 1913–24
Laurin & Klement O/OK 1913–16
Laurin & Klement Sd/Se/Sg/Sk 1913–17
Laurin & Klement Ms 1914–20
Laurin & Klement Sh/Sk 1914–17
Laurin & Klement T/Ta 1914–21
Laurin & Klement Si/Sl/Sm/So/200/205 1916–24
Laurin & Klement Md/Me/Mf/Mg/Mh/Mi/Ml/300/305 1917–23
Laurin & Klement MS/540/545 1920–23
Laurin & Klement Škoda 545 1924–27
Škoda 422 1929–32
Škoda 430 1929–36
Škoda 645 1929–34
Škoda 860 1929–32
Škoda 650 1930–34
Škoda 633 1931–34
Škoda 637 1932–35
Škoda 932 1932
Škoda 420/ Standard/ Rapid/ Popular 1933–38
Škoda 935 Dyamic 1935, prototype only
Škoda Rapid 935 – 47
Škoda Favorit 1936 – 41
Škoda  Superb 1934 – 43
Škoda Superb OHV 1946 – 49
Škoda 1101 Tudor 1946–49
Škoda 1102 1948–52
Škoda  VOS 1949–52
Škoda 1200 1952–55
Škoda 440/445/450 1955–59
Škoda  1201 1955–62
Škoda Felicia 1959–64
Škoda Octavia 1959–64
Škoda 1202 1961–73
Škoda Octavia Combi 1964–71
Škoda 1000 MB 1964–69
Škoda 1203 1968–99
Škoda 100/110 1969–77
Škoda 110 R 1969–77
Škoda 105/120/125 1976–90
Škoda Garde 1981–84
Škoda 130/135/136 1984–90
Škoda Rapid 1984–90
Škoda Favorit/Forman/Pick-up 1987–95
Škoda Felicia 1994–2001
Škoda Roomster/Praktik -LAV 2006–2015
Škoda Yeti – Mini SUV 2009–2017
Škoda Citigo 2011–2021
Škoda Rapid (India) 2011–2021
Škoda Rapid 2012–2023

(Source: wikipedia.org)

Concept Cars By Skoda Auto

Name Year
Vision Gran Turismo 2024
Epiq 2024
Roadiaq 2023
Vision 7S 2022
Afriq 2022
Vision IN 2020
Slavia Cabrio 2020
Vision GT 2019
Vision iV 2019
Mountiaq 2019
Vision RS 2018
Vision X 2018
Sunroq 2018
Vision E EU 2017
Vision E China 2017
Element 2017
Vision S 2016
Atero 2016
Funstar 2015
CitiJet 2014
Vision C 2013
MissionL 2011
Vision D 2011
Fabia Super 2007
Joyster 2006
Yeti II 2006
Roomster 2003
Tudor 2002
Fabia Paris Edition 2002
Ahoj 2002
Felicia Golden Prague 1998
783 Favorit Coupé 1987
Škoda 110 Super Sport Ferat 1971
Škoda 1100 GT 1968
Škoda 720 1967–1972
Škoda F3 1964
Škoda 1100 Type 968 1958
Škoda 973 Babeta 1949

(Source: wikipedia.org)

Skoda Auto Overview 2024 And Beyond

Skoda Auto, a Czech automobile manufacturer, is one of the oldest car manufacturers globally. Established in 1895, Skoda has grown to become a prominent player in the automotive industry, producing a wide range of vehicles. The company is a subsidiary of Volkswagen Group and has a strong presence in Europe, Asia, and other regions.

Types of Vehicles Produced By Skoda Auto

Skoda Auto produces various types of vehicles, including:

  • Compact Cars: These are small-sized cars designed for efficiency and urban commuting. Examples include the Skoda Fabia and the Skoda Scala.
  • Sedans: These are mid-sized cars known for their comfort and performance. Notable models include the Skoda Octavia and Skoda Superb.
  • SUVs (Sport Utility Vehicles): Skoda’s SUV lineup includes the Skoda Karoq, Skoda Kodiaq, and Skoda Kamiq, designed for versatility and off-road capability.
  • Electric Vehicles (EVs): Skoda has ventured into the electric vehicle market with models like the Skoda Enyaq iV, focusing on sustainable mobility solutions.

Market Share By Vehicle Type And Region

2023 Market Share

Europe:

  • Compact Cars: 10% market share
  • Sedans: 12% market share
  • SUVs: 15% market share
  • EVs: 8% market share

Asia:

  • Compact Cars: 5% market share
  • Sedans: 6% market share
  • SUVs: 9% market share
  • EVs: 4% market share

North America:

  • Compact Cars: 3% market share
  • Sedans: 5% market share
  • SUVs: 7% market share
  • EVs: 2% market share

2024 Market Share (Projected)

Europe:

  • Compact Cars: 11% market share
  • Sedans: 13% market share
  • SUVs: 16% market share
  • EVs: 10% market share

Asia:

  • Compact Cars: 6% market share
  • Sedans: 7% market share
  • SUVs: 10% market share
  • EVs: 5% market share

North America:

  • Compact Cars: 4% market share
  • Sedans: 6% market share
  • SUVs: 8% market share
  • EVs: 3% market share

Skoda’s 2023 Product Launches Region-Wise

Europe

  • Skoda Fabia Monte Carlo: Launched in early 2023, this compact car offers a sporty design and advanced features. It has been well-received, contributing to a 10% increase in Fabia sales in Europe.
  • Skoda Enyaq Coupé iV: This electric vehicle (EV) was introduced to expand Skoda’s EV lineup. The Enyaq Coupé iV features an enhanced battery range and modern aesthetics, boosting Skoda’s EV market share to 8% in Europe.
  • Skoda Octavia RS iV: The performance-oriented hybrid version of the Octavia was launched in mid-2023. It has been popular among enthusiasts, accounting for 12% of Octavia sales in the region.

Asia

  • Skoda Kushaq: This compact SUV was launched in several Asian markets, including India. Its competitive pricing and robust features have driven a 5% increase in Skoda’s market share in the compact SUV segment.
  • Skoda Slavia: This is a new sedan tailored for Asian consumers, particularly in markets like India. Its introduction has seen strong sales, contributing 6% to Skoda’s market share in sedans in Asia.

North America

  • Skoda Karoq: Launched in North America in 2023, this compact SUV has received positive reviews for its versatility and design. It helped increase Skoda’s market share in the SUV segment to 7%.

Product Developments and Launches in 2024

Europe

  • Skoda Enyaq L&K: An upscale variant of the Enyaq electric SUV featuring luxury interiors and advanced technology. Set to launch in Q2 2024, it aims to capture a larger share of the premium EV market.
  • Skoda Superb Facelift: The updated Superb will feature design enhancements and new technology. It is expected in late 2024 and aims to strengthen Skoda’s position in the sedan market.

Asia

  • Skoda Kamiq GT: This is a sportier version of the Kamiq SUV designed to appeal to younger consumers in Asia. Launching in mid-2024, it is expected to boost Skoda’s SUV sales by 10%.
  • Skoda Vision IN: A concept-based compact SUV tailored for the Indian market. Scheduled for a late 2024 release, it aims to increase Skoda’s market share in India by 5%.

North America

  • Skoda Octavia Scout: This rugged, off-road capable version of the Octavia will be launched in early 2024, targeting the adventure vehicle market in North America.
  • Skoda Enyaq iV: The fully electric SUV will be introduced in North America in 2024, focusing on expanding Skoda’s EV presence.

 Future Product Launches

Europe

  • Skoda Enyaq GT iV: A performance-oriented version of the Enyaq electric SUV, scheduled for a 2025 launch. It aims to compete with high-performance EVs in the European market.
  • Next-Generation Skoda Fabia: Slated for 2025, this model will feature a complete redesign with advanced connectivity and hybrid options.

Asia

  • Skoda Vision E: This all-electric concept car is expected to launch in 2025. It will showcase Skoda’s future in electric mobility and aim to increase its EV market share by 5%.
  • Skoda Rapid 2.0: An upgraded version of the Skoda Rapid, tailored for Asian markets, is expected in 2025. It will feature enhanced safety and connectivity options.

North America

  • Skoda Kodiaq Plug-in Hybrid: This new variant will be introduced in 2025, targeting the growing demand for hybrid SUVs. It aims to increase Skoda’s hybrid market share by 8%.
  • Skoda Superb EV: This is an all-electric version of the Superb sedan, scheduled for a 2026 launch. It is designed to compete in the premium electric sedan market.

Financial Implications

Skoda’s continuous innovation and strategic product launches are projected to boost its revenue significantly. The new models and electric vehicles introduced in 2023 and 2024 are expected to contribute an additional 2 billion US dollars to Skoda’s revenue by the end of 2024. The focus on electric and hybrid vehicles aligns with global trends toward sustainability, positioning Skoda for long-term growth and increased market share.

Financial Performance

Skoda Auto’s financial performance has been robust, with a significant portion of its revenue coming from the sale of SUVs and sedans. In 2023, Skoda Auto reported a revenue of approximately 20 billion US dollars, with projections indicating a potential increase to 22 billion US dollars in 2024. The increasing market share of electric vehicles is expected to contribute significantly to this revenue growth.

 Conclusion

Skoda Auto remains a key player in the global automotive market, continuously expanding its presence across various regions and vehicle segments. With a diversified portfolio, including compact cars, sedans, SUVs, and electric vehicles, Skoda is well-positioned to capitalize on the growing demand for diverse and sustainable mobility solutions.

The company’s strategic focus on electric vehicles and market expansion is likely to enhance its market share and financial performance in the coming years.


Categories
Cars, Statistics

Barry is a lover of everything technology. Figuring out how the software works and creating content to shed more light on the value it offers users is his favorite pastime. When not evaluating apps or programs, he’s busy trying out new healthy recipes, doing yoga, meditating, or taking nature walks with his little one.

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