Skoda India planning to launch its small car in next 3-4 years

A small car that which would be positioned below super-hatch Fabia would be launched by Skoda Auto India in the next few years. Priced around Rs. 4-5 lakh it will also have a high degree of localisation and would be available in petrol and diesel variants. Though the company has refused to divulge any details, it has been learnt that the Czech carmaker would prefer to manufacture the car at its existing Aurangabad unit, where they have developed a vendor base in the vicinity. 

Following the footsteps of other global automakers like Hyundai, Maruti Suzuki etc the Czech carmaker is believed to be rolling out the compact car to be built on a completely new platform at the company's headquarters in the Czech Republic.The new small car will be launched in the next 3-5 years," Skoda Auto India board member-sales and marketing Thomas Kuehl told reporters in New Delhi recently.
 

According to sources privy with the news, the VW board has decided to roll out two small cars - one from the VW stable and another from Skoda - over the next 24-30 months. The technology for the cars have been finalised and now product development is underway. 

An extremely buoyant Reinhard Fleger, Member of the Board, Sales and Marketing, Skoda Auto, stated, "The Indian automobile industry continues to be among the most promising car industries across the globe and it shall continue to grow in the coming year backed by an estimated GDP growth of about 7 per cent. Skoda has a share of around 25% in the mid size segment where we have operated since the last 9 years. We have aggressive plans for the Indian market and aim to emerge as a major player in the Indian automotive industry's growth story. "