Škoda Auto, the Czech automaker, is one of the oldest car manufacturers. It was bought by the Volkswagen Group in 1991. The company was founded in 1895 when 2 people working in the family company named Laurin & Klement formed a partnership to make bicycles. They started producing motorcycles in 1899 and cars 6 years later. Its factory is located in the city of Mlada Boleslav.