Skoda, is an automobile manufacturer based in the Czech Republic and can trace it's origins back 1895 when a mechanic Vaclav Laurin and the book-seller Vaclav Klement, started manufacturing bicycles. A few years later in 1899, the Laurin & Klement Co. began producing motorcycles. Production of motorcycles was gradually replaced by cars from 1905 onwards.
In 1924, after running into problems and being hit by a fire, the company sought a partner, and was acquired by Skoda Works, an arms manufacturer which had become a multi-sector concern and the biggest industrial enterprise in Czechoslovakia. Production was now under the Skoda name. After a decline during the economic depression, Skoda was again successful with models such as the Popular in the late 1930s.
Skoda continued to build popular cars throughout the 60's, 70's & 80's. Cars such as the 105/120, Estelle and Rapid were popular through Eastern and Western Europe and although it was often the butt of jokes in the UK it still remained a popular car choice due to it cost and reliability. Skoda translates to English as: it's a pity.
After the political changes of 1989 Government of the Czechoslovak Republic and the management of Skoda began to search business partner. In December 1990, the Government decided on cooperation with the German Volkswagen Group. The Skoda - Volkswagen joint venture began to operate on 16 April 1991 under the name Skoda, automobilova a.s., becoming the fourth brand of the Volkswagen Group alongside VW, AUDI a SEAT.
Skoda became a wholly owned subsidiary of the Volkswagen Group in 2000 and is positioned as the entry brand to the group. It now has a range of well respected cars that remain very popular with used car buyers making selling a Skoda an easier task than you may think. The range includes the Fabia, Octavia, Superb, Roomster & Yeti.