Skoda plans to roll out a mini SUV in India in the price range of less than Rs.10 lakhs.The new SUV of Skoda could compete with Honda City, Volkswagen Vento and Hyundai Verna.A special note is that this is the first time an SUV to be introduced in this price segment by a global company.
Skoda offers cheaper options to its products in order to directly challenge the Indian companies.Skoda aimed at 20 per cent in the SUV market with the launch of Yeti in November last year.Yeti was priced between Rs.15.35 lakhs and Rs.16.73 lakhs and hence it could not be owned by many people.
Apart from this,the company is now developing a small car than its Fabia.It is also seeking for an entry-level sedan to compete with Maruti’s Swift Dzire, Mahindra Logan and Indigo Manza.Its launch may be by the end of the year and is to be priced between Rs.6 lakhs and Rs.10 lakhs.