Prague Daily News
Foto: SKODA Auto

Škoda Auto Increases Profit and Sales in the First Half of 2026 – Electric Models Drive Record Growth

Czech car manufacturer retains second place in Europe and doubles its electric portfolio with the new Epiq and Peaq models

By PragueDaily

Foto: SKODA Auto

Škoda Auto significantly increased both sales, revenue and profit in the first half of 2026. The strongest growth came from electric vehicles, with deliveries of the all-electric Elroq and Enyaq models rising by almost half. At the same time, the Czech manufacturer maintained its position as Europe's second best-selling car brand.

From January to June, Škoda delivered 555,700 vehicles worldwide, representing an increase of 9.1 per cent compared with the same period last year. Across the EU member states and the markets of the United Kingdom, Norway, Switzerland and Iceland (EU 27+4), Škoda remained the second best-selling car brand according to ACEA registration figures. A total of 457,663 vehicles were newly registered in these markets.

The company also continued its economic growth. Revenue increased to €16.0 billion (+6.3 per cent), while operating profit rose to €1.4 billion (+6.3 per cent). The operating margin remained stable at a strong 8.5 per cent, while net cash flow increased by 14.3 per cent to €1.7 billion.

Foto: Škoda Auto

Foto: Škoda Auto

Sales Increase in Key Markets

Germany recorded particularly strong growth. Deliveries reached a new record of 120,400 vehicles, up 19.6 per cent compared with the previous year. Škoda also achieved growth in other key markets, including the Czech Republic (+6.9 per cent), the United Kingdom (+6.6 per cent), India (+7.4 per cent) and Poland (+14.2 per cent). The manufacturer also recorded double-digit or significant increases in Austria, Italy, France and Spain.

Electric Cars Continue Strong Growth

Demand for electrified vehicles remained strong. Overall, Škoda delivered 132,300 battery-electric vehicles (BEVs) and plug-in hybrids (PHEVs) worldwide.

The all-electric Elroq and Enyaq models performed particularly well. Deliveries increased by 48.3 per cent to 108,200 vehicles. A further 24,100 plug-in hybrids were delivered, representing an increase of 11.8 per cent. In Europe, electrified models already accounted for 27.7 per cent of all Škoda deliveries, meaning more than one in four vehicles delivered featured an electrified powertrain.

Foto: Škoda Auto

Foto: Škoda Auto

The Elroq became Europe's third best-selling electric car and ranked first among electric vehicles in both Germany and Denmark. A total of 59,900 units were delivered worldwide. The Enyaq attracted 48,300 buyers in the first half of the year and also ranks among Europe's most successful electric vehicles. As a result, Škoda is now Europe's fourth strongest electric car brand.

Epiq and Peaq Expand Electric Line-up

With the introduction of the new Epiq and Peaq models, Škoda significantly expanded its electric model range during the first half of the year. Following its world premiere in May, the compact electric crossover Epiq entered series production at Volkswagen's Pamplona plant in Spain. At the same time, the partial transfer of Octavia Combi production to Kvasiny is creating additional capacity at the main plant in Mladá Boleslav for the new flagship electric SUV, the Peaq. The brand's model range now comprises 14 vehicles.

Octavia Remains Best-Seller

The Octavia remained the brand's best-selling model with 96,500 deliveries despite a slight decline of 1.0 per cent. It was followed by the Kodiaq with 74,600 vehicles (+15.2 per cent), the Kamiq with 65,400 (+1.9 per cent) and the Fabia with 61,900 deliveries (+2.5 per cent).

Foto: Škoda Auto

Foto: Škoda Auto

Growth Beyond Europe

In addition to Europe, Škoda continued its expansion in other regions. Deliveries in India increased to 35,700 vehicles (+7.4 per cent), reinforcing the country's position as the brand's fourth-largest market. The manufacturer also recorded growth in North Africa, including Morocco (+7.8 per cent), Egypt (+62.0 per cent) and Tunisia (+23.6 per cent).