Škoda Auto in the context of "Škoda Transportation"

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⭐ Core Definition: Škoda Auto

Škoda Auto a.s. (Czech pronunciation: [ˈʃkoda] ), often shortened to Škoda, is a Czech automobile manufacturer established in 1925 as the successor to Laurin & Klement and headquartered in Mladá Boleslav, Czech Republic. Škoda Works became state owned in 1948. After the Velvet Revolution, it was gradually privatized starting in 1991, eventually becoming a wholly owned subsidiary of the German multinational conglomerate Volkswagen Group in 2000.

Škoda automobiles are sold in over 100 countries, and in 2018, total global sales reached 1.25 million units, an increase of 4.4% from the previous year. The operating profit was €1.6 billion in 2017, an increase of 34.6% over the previous year. As of 2017, Škoda's profit margin was the second-highest of all Volkswagen AG brands after Porsche.

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👉 Škoda Auto in the context of Škoda Transportation

Škoda Transportation a.s. is a Czech manufacturer of vehicles for public transport, including trams, electric multiple units, and buses. The company was formerly a division of Czech industrial conglomerate Škoda Works, and shares the Škoda name with Škoda Works' other former divisions, such as Škoda Auto and Doosan Škoda Power. The company is headquartered in Plzeň and markets its products worldwide, with an emphasis on the European market.

Škoda Works was founded in 1859 by Emil Škoda, and began manufacturing locomotives in Plzeň in 1920. Škoda Works was privatized and split up after the Velvet Revolution in the late 20th century, and Škoda Transportation was organized in 1995. The company has been owned by investment firm PPF Group since 2017.

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Škoda Auto in the context of Automotive industry

The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, selling, repairing, and modification of motor vehicles. It is one of the world's largest industries by revenue (from 16% such as in France up to 40% in countries such as Slovakia).

The word automotive comes from the Greek autos (self), and Latin motivus (of motion), referring to any form of self-powered vehicle. This term, as proposed by Elmer Sperry (1860–1930), first came into use to describe automobiles in 1898.

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Škoda Auto in the context of Wolfsburg

Wolfsburg (German: [ˈvɔlfsbʊʁk] ; Eastphalian: Wulfsborg) is the fifth-largest city in the German state of Lower Saxony. It lies on the river Aller, 75 kilometres (47 mi) east of Hanover and 230 kilometres (143 mi) west of Berlin.

Wolfsburg is famous as the location of Volkswagen AG's headquarters and, until it was overtaken by Tesla Gigafactory Texas in 2022, the world's biggest car plant. The Autostadt is a visitor attraction next to the Volkswagen factory that features the company's model range: Audi, Bentley, Bugatti, Ducati, Lamborghini, MAN, Neoplan, Porsche, Scania, SEAT, Škoda Auto and Volkswagen Commercial Vehicles. Wolfsburg is one of the few German cities built during the first half of the 20th century as a planned city. From its founding on 1 July 1938 as a home for workers producing the KdF-Wagen until 25 May 1945, the city was called Stadt des KdF-Wagens bei Fallersleben. In 1972, the population first exceeded 100,000. In 2019, the GRP was €188,453 per capita.

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Škoda Auto in the context of Drive shaft

A drive shaft, driveshaft, driving shaft, tailshaft (Australian English), propeller shaft (prop shaft), or Cardan shaft (after Girolamo Cardano) is a component for transmitting mechanical power, torque, and rotation, usually used to connect other components of a drivetrain that cannot be connected directly because of distance or the need to allow for relative movement between them.

As torque carriers, drive shafts are subject to torsion and shear stress, equivalent to the difference between the input torque and the load. They must therefore be strong enough to bear the stress, while avoiding too much additional weight as that would in turn increase their inertia.

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Škoda Auto in the context of Automotive

The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, selling, repairing, and modification of motor vehicles. It is one of the world's largest industries by revenue with global automotive market at ~$2.75 trillion in 2025.

The word automotive comes from the Greek autos (self), and Latin motivus (of motion), referring to any form of self-powered vehicle. This term, as proposed by Elmer Sperry (1860–1930), first came into use to describe automobiles in 1898.

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Škoda Auto in the context of Volkswagen Group

Volkswagen AG, or Volkswagen Group, is a German multinational conglomerate automotive manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. Since the late 2000s, it has been a publicly traded family business owned by Porsche SE, which in turn is half-owned but fully controlled by the Austrian-German Porsche and Piëch family. The company also offers related services, including financing, leasing, and fleet management. In 2024, it was the world's second-largest automaker by sales. It has maintained the largest market share in Europe for over two decades. It ranked 11th in the 2024 Fortune Global 500 list of the world's largest companies. In 2024, Volkswagen Group was the largest company in the European Union and the largest car manufacturer in the world by revenue.

The Volkswagen Group sells passenger cars under the Audi, Bentley, Cupra, Jetta, Lamborghini, Porsche, SEAT, Škoda and Volkswagen brands, motorcycles under the Ducati name, light commercial vehicles under the Volkswagen Commercial Vehicles brand, and heavy commercial vehicles via the marques of the listed subsidiary Traton (International Motors, MAN, Scania and Volkswagen Truck & Bus). Software and techstack under CARIAD. It is divided into two primary divisions: the Automotive Division and the Financial Services Division. As of 2008, it had about 342 subsidiary companies. Volkswagen also has three joint ventures in China, FAW-Volkswagen, SAIC Volkswagen and Volkswagen Anhui. The company has operations in roughly 150 countries, and it has 100 production facilities across 27 countries.

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