Škoda Auto profit rises 7.4% year on year to €1.92 billion

Czech carmaker Škoda Auto posted a 7.4% year-on-year increase in profit during the first three quarters of the year, reaching €1.92 billion. Revenue grew 3.5% to €23.13 billion, according to its parent company Volkswagen. Between January and September it sold 899,000 vehicles, 3.4% more than in the same period last year, with gains in the Elroq and Enyaq electric models and the Kodiaq.