{"id":37984,"date":"2023-05-08T12:29:16","date_gmt":"2023-05-08T12:29:16","guid":{"rendered":"http:\/\/lynettelockhart.com\/client\/vws-skoda-auto-reports\/"},"modified":"2023-05-08T12:31:23","modified_gmt":"2023-05-08T12:31:23","slug":"vws-skoda-auto-reports","status":"publish","type":"post","link":"http:\/\/lynettelockhart.com\/client\/vws-skoda-auto-reports\/","title":{"rendered":"VW’s Skoda Auto reports 61% rise in Q1 operating profit"},"content":{"rendered":"

PRAGUE (Reuters) – Czech carmaker Skoda Auto, part of the Volkswagen group, lifted operating profit by 60.8% year-on-year to 542 million euros ($598 million) in the first quarter, while revenue rose by a third to 6.8 billion euros, the company said on Monday.<\/p>\n

Global deliveries increased in the period by 12.6%, which Skoda had previously reported. The company said it had seen sustained demand, and higher sales in southern and western Europe boosted deliveries.<\/p>\n

Skoda is looking to recover this year from parts shortages that have weighed on deliveries and waiting times in the past three years.<\/p>\n

“After recent external influences that negatively impacted the company’s financial results, Skoda Auto was able to reverse this trend and steer back on course,” it said.<\/p>\n

Deliveries for Skoda’s all-electric Enyaq rose 40.7% in the period, the company said.<\/p>\n

\n

(Reporting by Jason Hovet; Editing by Mark Potter)<\/p>\n

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PRAGUE (Reuters) – Czech carmaker Skoda Auto, part of the Volkswagen group, lifted operating profit by 60.8% year-on-year to 542 million euros ($598 million) in the first quarter, while revenue rose by a third to 6.8 billion euros, the company said on Monday. Global deliveries increased in the period by 12.6%, which Skoda had previously […]<\/p>\n","protected":false},"author":8,"featured_media":37985,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[1213],"tags":[],"class_list":["post-37984","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-u-s-business"],"jetpack_featured_media_url":"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2023binary_LYNXMPEJ470DP-VIEWIMAGE.jpg","_links":{"self":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/37984","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/comments?post=37984"}],"version-history":[{"count":1,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/37984\/revisions"}],"predecessor-version":[{"id":37986,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/37984\/revisions\/37986"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media\/37985"}],"wp:attachment":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media?parent=37984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/categories?post=37984"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/tags?post=37984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}