Skoda to increase prices across entire line-up in March

21/02/2018 - 18:22 ,  ,  ,  ,   Sagar Parikh

Skoda has announced that it will increase prices in India March 1, 2018, onwards. The company will increase the prices in a phased manner across its model range that includes the Skoda Octavia, Skoda Rapid, Skoda Superb, and the Skoda Kodiaq.

Skoda will increase the prices by 1% on March 1, 2018.

Skoda says that it will increase the prices of its vehicles in India as a result of the hike in the customs duties in the Union Budget. In the Union Budget for FY2018-19, the Finance Minister has proposed an increase in the customs duty on specified parts/accessories of motor vehicles, motor cars and motorcycles from 7.5%/10% to 15%, as well as an increase in the customs duty on their CKD imports from 10% to 15%.

Skoda manufactures only one model in India - the Skoda Rapid. The Skoda Octavia, Skoda Octavia RS, Skoda Superb and Skoda Kodiaq are imported in CKD kits. Effective 1st March, the company will increases prices by 1%, which converts to an increase of INR 10,000-35,000 across the line-up. Gradually, it will increase the prices by total 3-4% depending on the product and the configuration.

Skoda will increase the prices of its vehicles because of the increase in the customs duty.

Also Read: Skoda Kodiaq L&K revealed ahead of Geneva debut next month

Along with the price hike, Skoda has also announced the introduction of a loyalty bonus of INR 50,000. Below are the prices of the company’s entire model range before the price hike.

Skoda Rapid - Prices*

  • 1.6 MPI Active - INR 8,31,951
  • 1.6 MPI Ambition - INR 9,22,336
  • 1.6 MPI Style - INR 10,61,230
  • 1.6 MPI Ambition AT - INR 10,54,520
  • 1.6 MPI Style AT - INR 11,85,300
  • 1.5 TDI CR Active - INR 9,78,096
  • 1.5 TDI CR Ambition - INR 10,71,028
  • 1.5 TDI CR Style - INR 12,42,713
  • 1.5 TDI CR Ambition AT - INR 11,95,842
  • 1.5 TDI CR Style AT - INR 13,56,679

Skoda Octavia - Prices*

  • Ambition 1.4 TSI - INR 15,86,786
  • Style 1.4 TSI - INR 17,91,816
  • Style 1.8 TSI AT - INR 19,43,688
  • L & K 1.8 TSI AT - INR 22,16,109
  • Ambition 2.0 TDI CR MT - INR 17,66,555
  • Style 2.0 TDI CR MT - INR 19,81,507
  • Style 2.0 TDI CR AT - INR 21,42,497
  • L & K 2.0 TDI CR AT - INR 24,24,830

Skoda Octavia RS - Price*

  • Octavia 2.0 TSI AT - INR 25,99,617

Skoda Superb - Prices*

  • Style 1.8 TSI - INR 25,08,798
  • Style 1.8 TSI AT - INR 26,74,638
  • Laurin & Klement 1.8 TSI AT - INR 29,99,734
  • Style 2.0 TDI AT - INR 29,15,762
  • Laurin & Klement 2.0 TDI AT - INR 32,40,857

Skoda Kodiaq - Price*

  • Kodiaq 2.0 TDI AT - INR 34,49,501

*Ex-showroom

Skoda Octavia RS

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