Skoda Auto India announces revised pricing

Date: 24 Jul 2012

Škoda Auto India has announced a 1pc to 1.8pc 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, Škoda Auto India registered a growth of 89pc 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” Škoda aims to increase its global sales to at least 1.5 million per year.

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