Skoda’s Small Car To Be Priced Around Rs 4 Lakhs
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“The VW board has decided to step on the gas to roll out two small cars - one from the VW stable and another from Skoda - over the next 24-30 months. The technology for the cars have been finalised and now product development is underway”- Thomas Kuehl, Skoda Auto India operations head and board member (sales & marketing).
As we already reported earlier, Skoda is planning to launch a new small car in the next 24 to 30 months away now. The new car will be priced under the Fabia under the 4-lakh rupees ($8000).
The Czech carmaker is also setting up its vendor base close to the Aurangabad plant from where the Fabia, Octavia and Laura come out of. A high degree of localization will make the Skoda small car reachable to more customers looking for an economy hatch in India.
[Source: IAB]
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Posted: July 20th, 2009 under Cars.
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