Škoda Auto

Škoda Auto a.s., often shortened to Škoda, is a Czech automobile manufacturer established in 1896 as the successor to Laurin & Klement and headquartered in Mladá Boleslav, Czech Republic. Škoda Works became state owned in 1948. After the Velvet Revolution, it was gradually privatized starting in 1991, eventually becoming a wholly owned subsidiary of the German multinational conglomerate Volkswagen Group in 2000.