Škoda can refer to:

• Škoda Auto - the leading automobile manufacturer in the Czech Republic
• Škoda Works - the biggest industrial enterprise in Austria-Hungary, then Czechoslovakia and now Czech Republic

Pity

As an interesting aside, Škoda (i.e. the family name of Emil Škoda, the entrepreneur) happens to mean also damage or "pity" in Czech and some other Slavic languages. Consequently, To je škoda can mean either It's a pity or That's a Škoda.