In a recent announcement, Škoda Auto India has declared a forthcoming price hike of approximately 2% slated to take effect from January 1, 2024
This adjustment applies across the entire range of Škoda Auto India vehicles, including popular models like the Kushaq SUV, the Slavia sedan, and the Kodiaq luxury 4×4. The decision to increase prices is attributed to the escalating input costs, affecting the ex-showroom prices of these vehicles.
The Price Hike and its Implications
The anticipated price hike is a strategic move by Škoda Auto India to navigate the challenges posed by rising supply, input, and operational costs. The adjustment is essential for sustaining the high standards of quality and safety associated with Škoda vehicles.
Škoda’s Vehicle Portfolio
1. Kushaq SUV and Slavia Sedan
Škoda Auto India introduced the Kushaq SUV, based on the all-new MQB-A0-IN platform specifically developed for India, in July 2021. Following this, the Slavia sedan made its debut in April 2022, sharing the same platform. Both vehicles have garnered acclaim for achieving a full 5-star safety rating for both adult and child occupants under Global NCAP’s rigorous crash test protocols.
2. Kodiaq Luxury 4×4
The Kodiaq luxury 4×4, with its Euro NCAP 5-star safety rating for adults and children, contributes to Škoda Auto India’s remarkable achievement of maintaining a 100% fleet of 5-star rated, crash-tested cars.
Expanding Reach and Customer-Centric Approach
As part of Škoda Auto India’s commitment to its customers, the company has significantly expanded its network. From 120 customer touchpoints in 2021, Škoda’s presence has grown to over 250 by the end of 2023. This expansion aligns with the brand’s customer-centric approach, ensuring accessibility and service excellence.
Future Prospects and Global Expansion
Škoda Auto India’s commitment to excellence extends beyond domestic borders. The Kushaq and Slavia, initially developed for the Indian market, are now exported to GCC and other right-hand drive markets. Furthermore, these models are set to lead Škoda’s entry into the Vietnamese market in 2024.
Conclusion
The announcement reflects Škoda’s proactive approach to maintaining its high standards in the face of economic challenges considering Škoda’s dedication to safety, expansion, and maintaining high standards, now may indeed be the right time to make the smart choice and invest in a Škoda car.