Skoda cars to become expensive in India next month

If you are planning to buy a Skoda… better hurry as the company is planning to hike the prices next month.

The company has said that the prices of their cars would go up by around Rs 20,000 from January next year.

The price hike is necessary as the input costs have increased.

A company representative added: “Input costs are negotiated on an annual target achievement basis with our vendors and the increase in prices is in line with our renegotiated terms with them. The company has made efforts to keep the price rise marginal on all models.”

Skoda sells Octavia, Laura and Superb in India and they are scheduled to launch the Fabia small car in the market next month.