Skoda gets key VW Group project following Audi-topping results

Strong demand for the new Superb was a big reason why Skoda was able to boost its return on sales to 8.7% last year from 7.3% in 2015.

May 13, 2017 05:00 AM

Skoda delivered parent Volkswagen Group a memorable gift on the Czech value brand's 25th anniversary as a subsidiary of the German group: profit margins that topped those of luxury sister brand Audi.

Featured Stories

Stacking tariffs add costs and uncertainty for auto suppliers

CarMax stock plunges 20% after removing financial targets

March-Q1 U.S. auto sales: Key takeaways as tariffs neared

Trade war casualty: Volvo to drop China-made S90 in U.S., cut incentives

Latest News

Live updates on tariffs: Volvo adjusts U.S. product plan

CarMax stock plunges 20% after removing financial targets

U.S. Senate version of ‘right to repair’ bill introduced

Stacking tariffs add costs and uncertainty for auto suppliers

Staying current is easy with newsletters delivered straight to your inbox.

See More in Newsletters

Guest commentary: For Akio Toyoda’s sake, he must listen to Toyota’s dissatisfied shareholders and reform strategy

Top 5 stories of the week: Women in auto; Birchwood’s latest buy; GM improves profit; more

Automotive News Europe awards the 2024 Eurostars

Top 5 stories of the week: Northvolt woes; Alpha’s big buy; all-stars; and more

Staying current is easy with newsletters delivered straight to your inbox.