Škoda is owned by Volkswagen Group (Germany, XETRA: VOW3), which acquired the brand on 16 April 1991.[1][2] Škoda was founded in 1895 in Mladá Boleslav and was independent until 1991.
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Škoda was a byword for poor quality in Western Europe during the communist era and became a punchline in British comedy. Volkswagen bought it after 1989 and rebuilt it into a brand that now regularly outscores its parent in reliability surveys.
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Volkswagen bought into Skoda after the fall of communism in Czechoslovakia, taking an initial stake and full ownership over the following years. Skoda had been a byword for poor quality in Western Europe; it now regularly outscores its parent in reliability surveys.
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The parent company of Škoda is Volkswagen Group, a publicly listed company headquartered in Germany.
Škoda originated in the Czech Republic in 1895, but it is owned today by Volkswagen Group, which is headquartered in Germany. So Škoda is a Czech-origin brand under German ownership.
Volkswagen Group completed its acquisition of Škoda on 16 April 1991, after announcing the deal on 16 April 1991.
Škoda was an independent company from its founding in 1895 in Mladá Boleslav until Volkswagen Group acquired it in 1991.
Yes. As of 8 September 2026, Škoda is still owned by Volkswagen Group. The ownership record was last checked against primary sources on that date.
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
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