SkodaAuto India Ltd on Thursday said it would make India an export hub for the company in South Asian region.
The world's third largest car maker is all set to make a splash in India with a slew of launches.
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.
SkodaAuto, which was the first VW group firm to enter the domestic market about a decade ago, also intends to become more affordable in the long-term, enabling it to enter more segments.
Its track record has been patchy, but the carmaker wants to launch at least one model every year.
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).
Carmaker meets govt; agrees to give evaluation results by Nov-end.
Former head of Skoda Auto's India unit, Imran Hassen, is being forced out of the Volkswagen group following "differences" with the management, a senior company official said.
Skoda Auto, Volvo Cars and Daimler India Commercial Vehicles are not participating in the Expo.
Select metal stocks rebounded while power stocks extended losses after SC verdict on coal block allocations.
About two dozen car & SUV models and two-wheelers lined up for launch
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