Skoda India is focusing on cleaner fuel options, including CNG and EVs, while compact SUV Kylaq drives volumes, expands first-time buyers and strengthens the brand in India's competitive market
'In India's competitive automotive market, staying relevant means continuously raising the bar.'
'Growth will definitely continue to come most from the sub-four-metre SUV segment, primarily because that is where the heart of economy and affordability is. Naturally, that will keep pushing the share of that segment (in overall PV sales) higher.'
Skoda Auto India, the Czech carmaker that has recently found success with its compact SUV Kylaq, says it remains committed to developing a fully localised electric vehicle (EV). The EV will be manufactured at its Chakan facility for both Indian market and exports.
Skoda India sees growth in automatics and network expansion as key drivers to reach 3 per cent market share, with EV plans and a new SUV also in the works.
The car will adhere to the small car norms as specified by the union budget and thereby will benefit from the 16 per cent excise duty.
Hyundai Motor India said on Tuesday it will hike prices of its cars across all models between 2.3 per cent by January 2008 owing to rising input and freight costs. The official said the price rise was due to the rising input costs and freight cost. HMIL's product range starts from the flagship Santro, the base model of which is priced at Rs 2,70,000, while its top end Sonata Embera is priced at Rs 15,71,000.
Domestic passenger vehicles sales rose by 23 per cent to a record of 37.93 lakh units in 2022 led by the likes of Maruti Suzuki, Hyundai and Tata Motors as the companies rode on easing of pandemic related challenges and semiconductor shortages to cash in on pent up demand, specially for SUVs. Other manufacturers like Toyota Kirloskar Motor and Skoda India also reported record sales in 2022. "The industry wholesales in January to December 2022 were just short of 38 lakh units.
The Indian unit of Czech carmaker Skoda Auto said on Monday it expected its sales in 2003 to nearly double from a year ago helped by three model launches and a four to six per cent growth of the premium car segment.
The company is expected to announce the detail in the India Auto Expo.
Fancy your chops are a designer? Skoda Auto India has a challenge for you. Rajesh Karkera/Rediff.com brings us the lowdown.
With cars like the Toyota Corolla and the Honda Civic selling in very small numbers and potentially even being phased out, the Octavia has very little competition, says Pavan Lall.
SkodaIndia, a fully-owned subsidiary of Volkswagen Group's SkodaAuto of Czech Republic, today revealed the company's plan to launch Skoda Fabia, its first small car in the Indian market.
Czech automaker Skoda on Monday forayed into the midsize SUV segment in India with the launch of its new offering Kushaq, priced between Rs 10.5 lakh and Rs 17.6 lakh (ex showroom Delhi).
With this price reduction, it can now compete more intensely with the New Hyundai Sonata.
The cars mentioned here do not include facelift, new variants or upgrades of any existing car.
The cars mentioned here do not include facelift, new variants or upgrades of any existing car.
Reports suggest that this new sedan has a lot of potential to beat its competitors in the segment.
This third varient in the Skoda Laura platform is priced at Rs 1,289,990 ($32,571) and will be available in diesel versions.
Right now, the 'Lower D' or LD segment -- which the industry defines as a sedan that costs between Rs 1.5 million and Rs 2 million, is longer than 4.5 metres, and powered by an engine of 1.8 litre or larger -- has barely three cars, all of which have been around for over a decade in India. Nevertheless, at least one foreign auto player is looking to bet big on the segment.
The Czech carmaker said the assessment of the locks will be done in 12 minutes only
The company has been saying it would introduce the new car and it would be priced below Fabia, the range for which starts at around Rs 500,000. Other models of the company in India are Laura, Octavia and Superb.
Skoda India launched on Wednesday an exclusive showroom at Faridabad in the National Capital Region. Besides, to expand its product portfolio in the domestic market, the company would launch two new models next year, apart from introducing new variants of the existing cars.
Luxury segment auto player, Skoda India, on Monday said that it will increase prices of all models by Rs 10,000 to Rs 25,000 from August 1. The company sells models like Fabia, Octavia, Laura and Superb in the price bracket of Rs 4.5 lakh (Rs 450,000 to Rs 22 lakh (Rs 2.2 million).
The yet-to-be-named car, which will be priced in the Hyundai i-10 price bracket, had crossed the feasibility study stage and was in the final stages of design. "Cars below Rs 5 lakh constitute nearly 80 per cent of the total Indian market. India is predominantly a small car market and we have a clear strategy to grow in the Indian market," Thomas Kuehl, member, board of directors (sales and marketing), Skoda India.
The new variant 'Superb Comfort' is the third upgrade on Superb. It has been priced lower than the existing model which is sold at Rs 22.29 lakh (ex-showroom Delhi) to boost sales during the upcoming festive season.
Carmaker Skoda India has decided to price Fabia, the hatchback it plans to launch at the Auto Expo in January, in the range of Rs 5-6 lakh.
Skoda Auto India, subsidiary of Czech major Skoda Auto, plans to launch a new model and a diesel version of an existing one shortly.
The local subsidiary of Czech carmaker Skoda said on Wednesday that it will start producing cars at its new greenfield facility in Aurangabad from January next year.
Almost 5 years after it aborted a planned foray into the Indian market with sister concern Skoda, German luxury car maker Audi AG is again preparing to drive into Asia's fourth-biggest car market with the Rs 35 lakh two-door TT Coupe.
Volkswagen group company Skoda Auto India said on Wednesday that it would launch luxury car 'Superb' and premium sedan 'Laurin & Klement' in March and 'Fabia' would follow suit soon.
The company believes there is a shift in consumer demand, more buyers could opt for Skoda in future
With a presence in the value segment, better service quality, and lower ownership cost, Skoda India's director of sales and marketing Zac Hollis aims to make important changes. He tells Arindam Majumder how he plans to make India the company's fifth-largest market by 2023.
Every year, carmakers announce at the end of November or December their plans to increase prices of their vehicles by January.
'More than one brand in a showroom is too risky because customer loyalty in this market is low. Most people don't drive different cars made by the same manufacturer for a lifetime, they experiment.'
Nissan and Renault say they will compete with new models, especially small cars, and by growing their dealer network.
Turns down firm's plea for stay on CCI order; final order pending
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