Skoda India plans to raise the price of all its models. We can expect the revised prices for all its models by the next month. The upcoming price hike would be insignificant and it would be in the range between 1-1.5% which depends on the model. The original amount of price hike is not known.
A fast decrease in Indian rupee against the US dollar which leads to the increase in cost of raw materials is the reason for this price hike.Still,Skoda assembles its cars in India, and it uses a lot of imported content like the engine and gearbox which are expensive. Skoda will announce its revised prices for all of its models by the August.