ŠKODA AUTO India to increase prices from 01 January 2019
Mumbai, 07 December 2018: ŠKODA AUTO India has announced an upward price revision across its model range by up to 2% from 01 January 2019. The Czech brand considered a price increment after reviewing its input and freight costs on both domestic and import frontage: an industry wide phenomenon.
Commenting on the revised prices, Mr. Zac Hollis, Director – Sales, Service, and Marketing, ŠKODA AUTO India Pvt Ltd said, “There has been a surge in the cost of our inputs for production due to significant volatility in the global commodity prices and foreign exchange rates in recent times. ŠKODA AUTO India has been absorbing these incremental costs all this while but is now considering a price increase of up to 2% with effect from 01 January 2019 across its model range.”
ŠKODA Finance has introduced ‘Buy Now and Pay in 2020’ campaign: a twelve month EMI holiday program for its customers who can also avail attractive schemes like 100% on-road financing, interest rates starting at 8.99%, special EMI packages, and benefits ranging from INR 60,000 to INR 1,00,000.