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32 days ago
May 18, 2013

Skoda India to stop Fabia production due to low sales

Skoda India, the Indian subsidiary of the Czech carmaker Skoda has announced its decision to stop the production of the Fabia premium hatchback in response to low sales. The hatchback recorded the lowest sales in 2012-13 fiscal selling 3,343 units, the lowest in 5 years since 2009. The car model sold 115 units in the month of April 2013. The...
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58 days ago
Apr 22, 2013

Limited edition Skoda Rapid launched with new features

Skoda Auto India, the Indian subsidiary of the Czech automobile manufacturer Skoda has introduced a limited edition of the Skoda Rapid sedan, namely the Rapid Prestige at a price of Rs 9,00,000 (ex-showroom Delhi) has been launched with new additional features such as navigation, wind visors and parking sensors. To make the new limited edition...
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70 days ago
Apr 10, 2013

Skoda India launches limited period 100 percent finance for Rapid sedan

Skoda India, the Indian arm of the Czech automobile manufacturer Skoda has launched a limited period offer of 100 percent finance on the Rapid sedan. The carmaker aims to make it more convenient for the consumers to own a Rapid sedan with a zero down payment and a low rate of interest. The new financing scheme by the carmaker which was launched...
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97 days ago
Mar 14, 2013

Skoda Finance launches a limited period offer on the Rapid sedan

Skoda Finance, a brand of Volkswagen Finance has launched a new limited period Holiday Offer on the Skoda Rapid mid-size sedan in India. The new offer allows the customers to purchase a Rapid sedan with the option to pay the EMI after 1 year of purchase. The company also offers numerous repayment options for the balance amount of the price. The...
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168 days ago
Jan 02, 2013

Skoda Auto India posts annual sales growth of 13 percent in 2012

Skoda Auto India, the Indian arm of the Czech automaker Skoda which is wholly owned by the Volkswagen Group has posted a growth of 13 percent in its sales for the year 2012. The carmaker sold 34,678 units during the year 2012 in comparison to 30,741 units sold in the year 2011. According to Mr. Sudhir Rao Managing Director Skoda Auto India, the...
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281 days ago
Sep 11, 2012

Skoda to reposition Fabia hatch with lower price

Skoda India, the Indian subsidiary of the Czech automobile manufacturer Skoda is planning on increasing localization levels in production in order to lower prices of the Fabia hatchback. By lowering the prices on the hatchback, the company expects to make it more competitive in the Indian car market. The localization level at present stands at...
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310 days ago
Aug 13, 2012

Skoda India to venture into used car business

Czech automobile manufacturer Skoda is planning to enter the used car industry by the end of the fiscal 2012-13. The move by the company is triggered by the sluggish sales in the Indian automobile industry. It expects to expand its customer base and initiate new customers into the Skoda brand through the pre-owned car business.' The company’s...
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330 days ago
Jul 24, 2012

Skoda India increases prices by 1.8 percent on its car range

Skoda Auto India, the Indian subsidiary of the Czech automobile manufacturer Skoda Auto has increased prices on its car range in India by up to 1.8 percent. The increase in prices is in response to the high input costs and devaluation of the Indian rupee resulting in higher import costs for the company. The price hike is in the range of 1-1.8...
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407 days ago
May 08, 2012

Skoda India targets 50 percent growth in 2012

Skoda Auto India, the Czech automaker’s Indian subsidiary is aiming to maintain a 50 percent growth in its car sales in India in 2012-13. The company’s sales grew a by 50 percent in the fiscal year 2011-12 selling 30,000 units with the new Rapid sedan as the primary growth leader. According to Mr. Kamal Basu Head Marketing Skoda Auto India, the...
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410 days ago
May 05, 2012

Skoda Auto India to invest more than Rs 300 crore for expansion

Skoda Auto India is in the process of investing more than Rs 300 crore in its manufacturing operations in order to increase production and implement localization. The company is banking on its sales in India to drive its global sales target of 15,00,000 units sales by the year 2018. The company has made changes in its management structure in...
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