Stock Photo - From left: Winfried Krause, Member of the Board of Management for Commercial Affairs, Winfried Vahland, Chairman of the Board of Management of Skoda Auto, Bohdan Wojnar, Member of the Board of Management for Human Resources Management, Michael Oeljeklaus, Member of the Board of Management for Production and Logistics Russia representative of the Board, Frank Welsch, Member of the Board of Management for Technical Development, Karlheinz Hell, Member of the Board of Management for Purchase, Werner Eichhorn, Member of the Board of Management for Sales and Marketing pictured during the annual press conference of the company in Mlada Boleslav, Czech Republic, March 17, 2014. Car maker Skoda Auto's after-tax profit dropped by 22.9 percent to Kc11.8bn in 2013 due to high investment in the launch of production of new models and a decline in sales on some markets, Skoda announced. (CTK Photo/Michal Kamaryt)