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Rediff.com  » Business » Skoda to hike prices in Jan

Skoda to hike prices in Jan

Source: PTI
December 01, 2004 17:55 IST
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Skoda Auto India is planning to increase prices of its premium cars in January 2005 on account of increase in input costs and for complying with the Euro-III norms.

The price hike would be across the entire range of cars of Skoda including Superb, L&K, RS, Rider, Elegance, Automatic and Ambiente, the company said.

"We are considering a move to increase the prices due to the Euro-III norms coming into effect next year. The price rise will also be impacted by increase in the input costs," its managing director Imran Hassen said.

The last price hike by Skoda was early this year.

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