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Skoda Powers Through 2025 with Record Growth

In an industry where profit margins are tightening and electrification is testing even the most seasoned players, Škoda Auto is proving that consistency and clever strategy still count. Through the first three quarters of 2025, the Czech automaker recorded an impressive €22.34 billion in revenue, up 9.5% year-over-year, while operating profit climbed 5.4% to €1.79 billion. Even as net cash flow dipped slightly to €1.93 billion (–2.8%), Škoda’s Return on Sales held firm at 8.0%, keeping the brand among Europe’s most profitable mainstream automakers.

But it’s not just about the balance sheets—765,700 vehicles delivered worldwide (+14.1%) marks a tangible surge in global momentum, powered by an accelerating transition toward electric mobility and a renewed international expansion.

Europe’s No. 3—and Rising Fast

In Europe, Škoda remains entrenched as the continent’s third best-selling car brand, behind only Volkswagen and Toyota. Deliveries reached 616,300 units, a strong 14% bump that comfortably outpaced the overall market. Germany continues to be Škoda’s largest market with 153,800 units (+9.9%), followed by the Czech Republic and the U.K., both posting near double-digit gains. Denmark and Spain saw even more dramatic spikes—up 59% and 22%, respectively—showing that Škoda’s appeal is spreading beyond its traditional strongholds.

Fleet sales are another bright spot: Škoda now ranks No. 2 among European fleet customers, confirming the brand’s foothold in the business and leasing segment—a crucial pillar for profitability and volume stability.

Electrification Gains Serious Traction

Perhaps the biggest story of 2025 for Škoda is the rapid acceleration of its EV transition. Electrified vehicles—battery-electric (BEV) and plug-in hybrid (PHEV) models—now account for 24.1% of total deliveries, more than doubling the share from 2024 (11.1%).

Leading the charge are the Elroq and Enyaq, both now fixtures in Europe’s EV top ten. The Elroq has been a breakout success, ranking third among all BEVs sold in Europe and surpassing 100,000 orders since launch. The Enyaq isn’t far behind, holding sixth place overall and strengthening its status as one of the most well-rounded electric SUVs in its class.

Škoda delivered 118,600 BEVs globally through September, and in markets like Denmark, Austria, and Switzerland, the Elroq is even topping national charts. September also brought a new all-time monthly record: 17,400 EVs delivered—proof that the Czech brand’s electric strategy is catching on fast.

Global Expansion: India and Vietnam Take the Stage

While Europe remains its core, Škoda’s push into international markets is yielding serious results. Nowhere is that more evident than in India, where deliveries have more than doubled to 49,400 vehicles (+106%), marking a new all-time high. The Kushaq SUV, produced locally, continues to anchor that success, crossing the 100,000-unit milestone earlier this year.

In Vietnam, Škoda’s local assembly operations are gaining traction, with the Slavia sedan joining the Kushaq in production this fall. The Kodiaq even claimed the title of Family Car of the Year at Vietnam’s Better Choice Awards—small wins that signal big potential for the brand’s global ambitions.

Škoda’s footprint in Turkey (32,200 units, +7%) and Morocco (4,500 units, +43.8%) also continues to grow, showcasing a more balanced global portfolio than ever before.

Next Chapter: Epiq and Beyond

Looking ahead, Škoda’s EV story is set to expand further. The upcoming Epiq, previewed in concept form this September, will slot below the Enyaq as a compact urban SUV designed to democratize electric mobility. Priced similarly to the ICE-powered Kamiq, the Epiq will be Škoda’s entry point into full electrification when it launches in 2026.

The company is also preparing to unveil the production version of its Vision 7S concept—a large, all-electric seven-seater family SUV—and the Vision O estate, signaling that Škoda isn’t just adapting to the electric era; it’s shaping it.

The Takeaway: Quiet Confidence, Czech Precision

As Škoda celebrates its 130th anniversary, the numbers speak for themselves: solid profits, growing global presence, and electrification that’s outpacing much of the industry. CEO Klaus Zellmer sums it up succinctly:

“We are growing profitably, electrifying faster, and expanding globally. Holding firm as Europe’s No. 3 car brand while doubling deliveries in India shows the power of our team, our partners, and our customer’s trust.”

In a landscape filled with disruption and uncertainty, Škoda isn’t shouting the loudest—but it might just be executing the smartest. The brand’s evolution from practical to progressive continues, and the next generation of Czech-built EVs could well redefine what “simply clever” means in the electric age.

Source: Škoda

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Volkswagen’s Rough Ride: Billions Lost as Tariffs, Porsche Woes Drag Down Earnings

Volkswagen’s financial engine is sputtering. The German auto giant reported a net loss of €1.072 billion for the third quarter of 2025 — a sharp downturn that underscores how deep the current crisis runs within Europe’s largest carmaker.

Over the first nine months of the year, VW Group’s net profit collapsed by more than 60 percent, dropping to €3.4 billion from €8.8 billion in the same period last year. The hit? Roughly €7.5 billion in costs, fueled by a messy mix of U.S. tariffs, a strategic shake-up at Porsche, and a reputational impairment linked to the sports car brand.

“Porsche-related adjustments and write-offs alone made up €4.7 billion of the total impact,” said Chief Financial Officer Arno Antlitz, painting a picture of how one of VW’s crown jewels became an unexpected liability.

The damage didn’t stop there. Net cash flow for the first three quarters plunged 47 percent year-over-year, hampered by weaker operating cash flow, those same U.S. tariffs, and the acquisition of additional Rivian shares — a move meant to reinforce VW’s EV ambitions but one that’s now weighing on the balance sheet.

Regional Bright Spots in a Cloudy Forecast

There are some glimmers of light amid the storm. VW posted growth in South America (+13%), Western Europe (+4%), and Central and Eastern Europe (+11%) — regions where traditional combustion models and the ID family of EVs continue to perform well.

But elsewhere, things aren’t as rosy. China slipped 2 percent, a worrying sign given VW’s historic dominance there, and North America plunged 11 percent, reflecting both tariff fallout and fading demand for some of the brand’s aging ICE models.

Porsche Pressure and a Pivot Point

While VW’s core lineup still sells, the financials tell a more conflicted story. Porsche, long the profit engine of the group, has been hit by strategic shifts and the fallout from its repositioning in the electric era. The Cayenne and 911 remain aspirational, but the Taycan’s costly refresh and uncertain EV margins have made it harder for Stuttgart’s golden goose to keep laying.

“In the first nine months of the year, we saw a mixed picture,” Antlitz admitted. “Market success of our ICE and EV models, as well as good progress in restructuring. But the financial result is significantly weaker than last year.”

The Road Ahead

Volkswagen still has enormous industrial muscle, a sprawling portfolio, and global reach. But with EV transition costs mounting, tariff wars biting, and premium-brand turbulence, the road ahead looks anything but smooth.

The challenge for VW now isn’t just managing costs — it’s convincing investors and customers that the group can keep its complex machine humming while driving full-speed into the electric future.

Source: Volkswagen

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Stellantis Posts Strong Q3, Bets Big on a $13 Billion U.S. Comeback Plan

Stellantis is putting rubber to the road again. The multinational megagroup—home to Dodge, Jeep, Ram, Peugeot, Citroën, Fiat, and more—just posted a strong third quarter for 2025, showing that its sprawling lineup and renewed focus on North America are paying off.

The company reported €37.2 billion in net revenues, up 13 percent year-over-year, fueled by booming shipments and a long-overdue rebound in U.S. sales. That’s 1.3 million vehicles delivered globally, a 152,000-unit bump over 2024. The real star? North America, where production jumped 35 percent thanks to normalized inventory levels after last year’s dealer stock reduction squeeze.

The Product Offensive

Behind those numbers lies a wave of new metal. Stellantis has already rolled out six of ten new models planned for 2025, with ordering open for a slate of high-profile launches: the SIXPACK-powered Dodge Charger Scat Pack (2-door), the four-door Charger Daytona, the reborn Jeep Cherokee, the Fiat 500 Hybrid, and the sleek DS No.8.

Sales across the company’s American brands rose 6 percent versus Q3 2024, pushing Stellantis to an 8.7 percent market share in September—its best in 15 months. The return of the HEMI® V-8–powered Ram 1500 didn’t hurt, either, marking a nostalgic counterpoint to the company’s steady march toward electrification.

Europe, Middle East, and Beyond

Across the Atlantic, Stellantis found mixed fortunes. The European portfolio—bolstered by fresh B-segment contenders like the Citroën C3, Opel Frontera, and Fiat Grande Panda—delivered modest growth, with revenues up 4 percent. But its EU30 market share dipped to 15.4 percent, dragged down by slowdowns in France and Italy and softer performance in light commercial vehicles.

Elsewhere, the Middle East and Africa helped balance the scales with healthy gains, even as South America cooled.

A $13 Billion Bet on America

If Stellantis’ third-quarter performance was the appetizer, the main course is a $13 billion U.S. investment plan announced in mid-October—the largest in the company’s century-long American history. Over the next four years, that cash will fund five all-new models and create 5,000 jobs, signaling that CEO Antonio Filosa is betting big on a long-term U.S. resurgence.

The plan includes reopening the Belvidere, Illinois, plant to build two new Jeep models (Cherokee and Compass), launching a new midsize Ram truck in Toledo, Ohio, and giving Warren, Michigan, a new large SUV with both range-extended EV and internal combustion variants. Meanwhile, Detroit will host the next-generation Dodge Durango, and Kokomo, Indiana, will take on the all-new GMET4 EVO engine.

Stellantis says the expansion will boost its U.S. production capacity by 50 percent and come alongside 19 product refreshes through 2029.

The Road Ahead

Despite the optimism, Stellantis remains cautious. The company reaffirmed its H2 2025 guidance, expecting stronger revenues and cash flow but warning of one-off charges tied to warranty estimate revisions and strategic realignments. In plain English: a little short-term turbulence before a smoother ride.

CEO Antonio Filosa put it simply:

“We’re implementing important strategic changes to give customers greater freedom of choice. Our Q3 results show encouraging progress, and we’re building on these gains with decisive actions to support long-term, profitable growth.”

From a brand that’s juggling plug-in hybrids, hydrogen vans, HEMI muscle, and small European city cars, that “freedom of choice” mantra might be more literal than ever. Stellantis isn’t just surviving the EV transition—it’s revving up for it.

Source: Stellantis