New Low Cost Sedan from Skoda

Skoda is ready to bring a new low-cost budget sedan model in 2012 in the international market. The new sedan model will compete with Renault’s Dacia which has recorded the strongest sales in past few months, especially in the sedan segment. Dacia received most of the benefit from the government scrappage scheme and now Volkswagen Group intends to bridge the gap between Renault Dacia and Skoda models which have a big price difference.

Skoda currently sells Octavia as a popular sedan internationally especially in the emerging markets including India and China. Skoda intends to replace the Octavia with new budget model which will be smaller than Octavia. The new budget model will directly replace Octavia in the developed markets.

Skoda CEO, Mr Reinhard Jung, said the new model would cost between 10,000 and 12,000 euros (Rs. 6.7 lakh – Rs. 8.04 lakh) and would launch in two to three years. Skoda has not revealed any more details about the car which will be placed between Fabia and Octavia in coming years.

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• Skoda to re-launch Octavia model in India next year           January 24, 2012
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• SKODA ends 2011 with Flying Colours           January 06, 2012
• Skoda India to present Fabia RS2000 concept to 2012 Auto Expo           January 03, 2012
• Skoda’s five-year plan from year 2012 to 2016           December 22, 2011
• Europe awaits for Skoda Rapid, the Best Family Car in India           December 15, 2011
• Skoda to play a key role in Volkswagen’s aim of becoming top car maker in the world           December 06, 2011
• Skoda Auto India sales jump 43 percent in November           December 03, 2011
• Skoda Rapid introduces online booking           November 25, 2011
• New Skoda Yeti 4X2 model launched in India at Rs 13.46 - 14.32 lakh           November 24, 2011
• SKODA launches the Yeti 4x2 in India           November 24, 2011
• 2011 Skoda Rapid vs Volkswagen Vento           November 19, 2011
• Skoda buys time for Citigo, would possibly hit India in 2014           November 19, 2011
• Skoda Rapid rolled out at a “Simply Clever” price           November 19, 2011