Skoda India today announce price cut on it models – Fabia,Octavia,Laura and Superb following the four per cent reduction in Cenvat.”To pass on the benefit of the Cenvat reduction by the government, the company will slash prices between Rs 12,500 and Rs 51,500 across all models,” Skoda India Board Member (Sales and Marketing) Thomas Kuehl said. The company was currently working on the details of price cut on various models, he added. “We are also in negotiations with the dealers for sharing the burden as they already have old stocks,” Kuehl said.
Skoda also opened a new showroom at Faridabad in the National Capital Region.This is part of Skoda’s expansion to take the dealer count to 65 from 56 now.