1895 began Václav Laurin and Václav Klement in Mladá Boleslav, to produce bicycles. Four Jähre later supplemented motorcycles, the product range and 1905 started the production of automobiles. In 1925 Laurin & Klement Skoda with the engineering group. The automotive branch Skoda car belongs since 1991 to Volkswagen AG. After initial quality problems on the German market, the Czech company has developed into a recognized manufacturer.