STOCK MARKET BSE NSE

Skoda India launches fourth-generation Octavia sedan at starting price of Rs 25.99 lakh

It took about two years for Skoda to launch the new Octavia here after the premium sedan debuted global market back in 2019.

Published: 11th June 2021 03:27 AM  |   Last Updated: 11th June 2021 08:41 AM   |  A+A-

By Express News Service

NEW DELHI:  Skoda Auto India on Thursday finally unveiled the all-new fourth generation Octavia sedan in India at an starting price of Rs 25.99 lakh.

It took about two years for Skoda to launch the new Octavia here after the premium sedan debuted global market back in 2019.

Zac Hollis, Brand Director, Skoda Auto India, said, “When it was introduced twenty years ago, the Octavia changed the  udynamics of the executive sedan segment. Having retained its characteristics of design, safety, technology, performance, space, and comfort, the all-new Octavia is a compelling combination and will continue to drive ŠKODA AUTO’s success in the Indian market.”

Octavia is the first passenger vehicle launched this year by the Czech auto-maker, which is an eyeing a turnaround in the Indian carmarket.

The company, later this month or in July, will launch the Kushaq SUV, its first designed and developed vehicle under the India 2.0 project. 

Skoda Auto’s India 2.0 project with the Volkswagen Group was announced in 2018, with a planned investment of 18,000 crore. Under the project, Skoda and Volkswagen eye 5 per cent market share by 2025.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp