Skoda India to hike car prices by Rs 20,000

Agencies
Posted: Tuesday, Dec 18, 2007 at 0000 hrs IST
Updated: Tuesday, Dec 18, 2007 at 1633 hrs IST

Font Size

Feedback

Discuss

No plan to take Nano abroad: Irani CM opens Maharashtra for 'Nano' project Bajaj motorcycle sales up by 5.6%

New Delhi, December 18:: Premium car maker Skoda Auto on Tuesday said it will raise prices across all models by Rs 20,000 from January next year.

The company said the hike was necessitated due to rising input costs.

"Input costs are negotiated on an annual target achievement basis with our vendors and the increase in prices is in line with our renegotiated terms with them. The company has made efforts to keep the price rise marginal on all models," a Skoda India official said in a statement.

Skoda sells premium hatchbacks Octavia, Laura and Superb in India priced in a range of Rs 11 lakh to Rs 24 lakh. The company is expected to roll out a new premium hatchback Fabia in the country during the next month's auto expo.

Post Comments

Comments: (Limit 3,000 characters)

Name		Message
Email ID
Subject

TERMS OF USE:
The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).

I agree to the terms of use.

Latest News

Print Edition

Events

Skoda India to hike car prices by Rs 20,000

Post Comments