- Porsche's operating return plunged from 14.1 percent in 2024 to just 1.1 percent in 2025.
- Skoda matched its 2024 performance, maintaining an 8.3 percent operating return on sales.
- An auto analyst says the Czech automaker has effectively become the Volkswagen Group's new Porsche.
Porsche was once Volkswagen Group's undisputed profit machine. Now, the sports car maker has been overtaken by Skoda on one of the most important measures of profitability. That's not just a cheeky comparison. Automotive analyst Matthias Schmidt points out that Skoda has effectively become the new Porsche within the Group. And unlike some automotive hot takes, compelling data backs it up.