Skoda

Skoda begins production of Kylaq SUV, over 10,000 units booked since launch

Skoda Auto plans to expand the production capacity of its Chakan plant by 30 per cent, and new inventory will be available at dealerships from January 27, and customer deliveries start the same day

Decoded: How Volkswagen Group 'evaded' paying $1.4 billion in tax in India

Volkswagen bypassed the 35 per cent duty imposed on Completely Knocked-Down (CKD) units by misclassifying components as individual parts, according to Indian tax authorities

Skoda Auto looks to drive change with Kylaq's 8K monthly sales target

Targeting to treble Skoda's India sales riding on this vehicle

In discussions with potential local partner: Skoda Auto Volkswagen India

Skoda Auto Volkswagen India on Monday said it is in discussions with a potential partner regarding possible collaboration in India, refuting speculation that it has halted the process of finding a local collaborator after the investigation over alleged customs duty fraud. The company, which is leading the German automotive group Volkswagen's India operations, asserted that finding a local partner in India and the show cause notice by authorities for alleged customs duty fraud to the tune of Rs 11,000 crore (about USD 1.4 billion) over import of cars as completely knocked down units, are completely separate and unrelated. "To fully explore the country's growth potential, we are always considering new business opportunities and are evaluating various options to ensure the best possible solution to implement our strategy in the highly dynamic Indian market. We are currently in discussions with a potential partner regarding possible collaboration," Skoda Auto Volkswagen India said in a .

Skoda targets sales surge in 2024 with new compact SUV Kylaq launch

Czech automaker Skoda is eyeing considerable increase in sales next year riding on the back of its latest offering Kylaq, which marks its entry into the high-selling compact SUV segment. The company is eyeing gains in smaller cities and towns with the new model which is tagged between Rs 7.89 lakh and Rs 14.4 lakh (ex-showroom). "It's a beginning of a new era for Skoda, because with this car, we are becoming a true volume player in India," Skoda Auto India Brand Director Petr Janeba told PTI in an interaction. He noted that Kylaq will further its goal of entering new markets, bringing new customers into the Skoda family and strengthening brand presence in India. When asked about sales aspirations with a new model joining the portfolio, Janeba said the company expects to close 2024 with a total volume of around 40,000 units. "Next year we are looking at 2.5-3 times growth in the volumes aided by Kylaq," he stated. The company has commenced bookings of the model with deliveries exp

Volkswagen India 'misclassified imports'; faces $1.4 bn tax evasion notice

A notice dated Sept 30 says Volkswagen used to import 'almost the entire' car in unassembled condition -- which attracts a 30-35 per cent import tax in India under rules for CKD, or completely knocked

India most promising growth market for Skoda, says CEO Klaus Zellmer

Czech firm Skoda Auto on Wednesday said India is the most promising growth market and a key contributor as a future export hub in its global expansion plans. Speaking at the global premiere of its first sub-four meter SUV, Kylaq, here, Skoda Auto CEO Klaus Zellmer also said India's domestic potential as the world's third-largest car market is huge and the introduction of a new model in the domestic market will help Skoda achieve its target of selling 10,000 cars annually by 2026. Priced at Rs 7.89 lakh, bookings for the compact SUV will open from December 2 while deliveries will commence from January 27 next year, the company announced. "For Skoda, India is really (an) important (market). Europe is the key market but the strategic focus for Skoda is to build a broader international foundation, which is based on the principle of having two strong pillars. And India, clearly, is our second pillar that we want to build outside Europe," said Klaus. At the start of this year, the compan

Skoda Kylaq starting at Rs 7.89 Lakhs launched, deliveries to begin in Jan

Prices for the Skoda Kylaq start at Rs 7.89 lakh (introductory ex-showroom prices throughout India). The SUV will go on sale on December 2, 2024, and delivery will begin on January 27, 2025

VW's Skoda sees opportunity to launch hybrid cars in India to cut emissions

Skoda already has four models in India, including SUVs and sedans, but this is the first time the carmaker is considering bringing hybrid cars to the South Asian nation

Outside Europe, India most important market for Skoda: CEO Klaus Zellmer

Czech car maker Skoda is lining up new models, expanding sales network and also looking to forge partnerships to scale up business in India, the most important market for the brand outside Europe, according to global CEO Klaus Zellmer. The company, which currently sells models like Kushaq and Slavia in the country, aims to drive in an all-new compact SUV early next year hoping to almost double its sales volume in the market. Skoda Auto India sold around 49,000 units last year. India is the world's third-largest passenger vehicle market with annual dispatches surging to 42 lakh units in FY24. The automaker, a part of the Volkswagen Group, is also looking to introduce electric vehicles in the country. In an interaction here, Skoda Auto global CEO Klaus Zellmer said the automaker is willing to learn and be totally customer-centric as it considers India as the most important market for the brand after Europe. "Outside Europe, our most important adventure is India because this is the p

Bringing a plug-in-hybrid for India makes no sense for Skoda: Senior exec

Automakers have to be 'flexible and agile' to act according to customers' wishes and government regulations, says Martin Jahn

Volkswagen Group's Skoda eyes larger share in India with new small SUV

Volkswagen and Skoda, which form the bulk of sales for the Volkswagen Group, have a 2.2% market share in India

India key to Skoda Auto's global expansion, says CEO Klaus Zellmer

India is the most promising growth market for Skoda Auto and the country will play a crucial role in the company's international expansion, the Czech automobile firm's global CEO Klaus Zellmer said on Tuesday. In a virtual address, Zellmer talked about the company's roadmap for India and said Skoda will enter the compact SUV segment in India in a year and also launch its electric vehicle in the market. Skoda Auto India is looking to increase its share in the Indian market to 5 per cent by 2030. "We are continually growing our capacity to respond quickly to the global markets. It is here that India plays crucial role. Europe is important as a core market, but our strategic focus is on growing a new international foundations so that we can stand on two strong legs," Zellmer said. Further, he said, "India is a key contributor to our global growth and the most promising growth market for the years to come. "Strengthening our India operations also strengthens our wider internationalisa

Volkswagen Group's auto sales up 8% in India, reached 145,713 units in 2023

European auto major Volkswagen Group's car sales in India grew around 2 per cent year-on-year to 145,713 units in 2023, the company said on Monday. Of this, domestic sales stood at 101,465 units, while 44,248 units were exported, it said in a statement. The company had sold 134,667 cars in the January-December period of 2022. Skoda Auto Volkswagen India has five luxury car brands -- Skoda, Volkswagen, Audi, Porsche, and Lamborghini -- under it. The group maintained steady sales momentum in 2023, with domestic sales soaring past 100,000 units for the second year in a row, the company said. Exports grew 32 per cent year-on-year with 44,248 units shipped from India, underlining the company's expanding global reach, it said. Additionally, the group's overall customer deliveries witnessed a 4 per cent growth in the domestic market, indicating a robust market presence, the company said. It also said the group delivered over 10,000 cars in December last year alone, adding that Made-in-

Skoda Auto Volkswagen India to commence exports to Vietnam from 2024

koda Auto Volkswagen India Pvt Ltd on Tuesday said it will start exports to Vietnam from 2024 as part of its strategy to accelerate export operations in the ASEAN region. The company, which has inaugurated its parts expedition centre (PEC) at the Volkswagen group's headquarters in Chakan, Pune, said 'made-in-India' kits will be shipped from India to Vietnam for final production. The centre is spread over 16,800 square feet and it has an initial capacity of 27,000 car sets annually for Vietnam and has the infrastructure to scale up to 40,000 car sets annually, koda Auto Volkswagen India Pvt Ltd (SAVWIPL) said in a statement. "With the opening of the parts expedition centre, we are building a bridge between India and Vietnam and setting the stage to unleash significant synergies between these two key markets," koda Auto Board Member for Production and Logistics Andreas Dick said. While Vietnam will be the first phase, the PEC is geared to serve several emerging markets in the ASEAN .

TATA AutoComp signs pact with Skoda group to make transportation components

TATA AutoComp Systems on Wednesday said it has signed an initial pact with Skoda Group for a strategic partnership to jointly produce components for the railways, metro and bus segments. The company in a statement said it has significant play in providing systems and components for electric vehicles and the association with Skoda Group will further strengthen its presence by bringing the latest electrical equipment and components for the three segments. Tata AutoComp is into manufacturing of multiple components, systems and aggregates for passenger and commercial vehicles, two and three-wheelers as well as for farm and off-road equipment, among others. It provides these products and services to domestic and global automotive OEMs as well as Tier 1 suppliers. The agreement with Skoda Group sets the framework for a strategic joint venture aimed at producing components for the growing Indian railway and public mobility market, Tata AutoComp said in a statement. "This association with

Maruti Suzuki's Dzire best-selling compact sedan of FY23; check full list

Available in petrol, CNG, and electric versions, Tata's Tigor clocked sales of 46,174 units, 93% up year-on-year

Maruti Suzuki's Dzire best-selling compact sedan of FY23; check full list

Available in petrol, CNG, and electric versions, Tata's Tigor clocked sales of 46,174 units, 93% up year-on-year

We hope to capture 5% of the market by 2025: Skoda's Piyush Arora

We project an automotive growth of 6-7 per cent a year in the next decade and electrification growing between 15 and 25 per cent in that time

Skoda making in India for the world, says MD & CEO Piyush Arora

'We are looking at 2023 with great expectations. Our aim is to score double-digit growth'