Acquisition closed
Volkswagen Group acquires Škoda (1991)
Volkswagen Group completed the acquisition of Škoda on 16 April 1991.[1]
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.
Deal facts
- Announced
- Closed
- Value
- Undisclosed
- Buyer
- Volkswagen Group
- Seller
- —
- Assets
- Škoda
- Regulatory review
- None recorded
Ownership changes recorded from this deal
| Owner | Owned | Relationship | Stake | From | To |
|---|---|---|---|---|---|
| Volkswagen Group | Škoda | owns | 100% | 1991-04-16 | present |
Who owns Škoda today?
- Škoda — owned by Volkswagen Group since 1991
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] The History of the Brands — Volkswagen AG, Official document; retrieved 28 September 2026.
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