Škoda Auto

High school (ages 12+)
Transportation

Name:

Date:

Step 1 · Read the article

Open the article and read it at the level above. Then answer the questions below in your own words.

https://smallwhale.org/articles/koda-auto

Write what each word means, using the article.

Do not copy the article. Write two things you learned, the way you would explain them to a friend.

Answers below are taken from the article’s stored facts, so they match what the student read.

1. What is the founding entity?Successor to Laurin & Klement, established in 1925
2. What is the global market presence?Automobiles sold in over 100 countries
3. What did Škoda Auto start out making before cars?Škoda Auto began as a bicycle maker in 1895, then grew into motorcycles and finally cars.
4. When did Škoda Auto become part of the Volkswagen Group?In the year 2000, Škoda Auto became a fully owned part of the Volkswagen Group.

Nationalization: The process of transferring an enterprise from private to public ownership and control.
Privatization: The transfer of ownership, property, or business from the government to the private sector.
Subsidiary: A company that is controlled by a holding company or parent corporation.
Economies of Scale: The cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output decreasing as scale increases.