July 25, 2012

Skoda Auto India announces revised pricing across product range

Skoda Auto India has announced a 1 per cent to 1.8 per cent price increase across its product range effective early August 2012. The revised pricing is a result of increasing input prices and volatile exchange rates. Although, despite the challenging market
environment which has dampened the sentiment across the auto industry, Skoda Auto India registered a growth of 89 per cent in June 2012 over the same period last year.

India is being considered as an important centre of growth, since the company's entry in the Indian market more than ten years ago. Under its '2018 Growth Strategy', Skoda aims to increase its global sales to at least 1.5-million per year.


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