Saturday, 27 July 2013

Skoda India to hike prices across its range

The effect of the rupee depreciation has now started letting the companies take harsh actions including some of them to hike prices across their existing range. Skoda India will soon hike the prices of the cars in India.

Though the cars are manufactured in India however a large content which goes into the car is being imported especially the engine and the gearbox. This increase in prices of their imported parts have left Skoda India with no choice than to pass on the price increase to their customers.

With rupee still depreciating you can expect other carmakers to follow the suit.


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