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Skoda Auto’s Indian subsidiary targets small SUV segment, aims Tata motors

Skoda Auto’s Indian subsidiary, planning to enter the fastest-growing passenger vehicle segment that of small sport utility vehicles (SUVs) revealed on Tuesday that such a small SUV would hit the market by the second half of 2025, as the company eyes a portion of the market strongly dominated by Tata Motors.

The new SUV (expected to be Skoda’s entry-level offering in India) is part of the brand’s plan to sell 200,000 cars annually in India by 2026. It will compete with the other automakers in the sub-Rs 10 lakh segment and is aimed at cost-conscious city and small-town buyers.

It took Volkswagen-owned brand Skoda only two years to reach the mark of sales of around 100,000 cars in the Indian market between 2022 and 2023.

The brand did not publish its nominal cost until Skoda officially launched the new model. Contrarily, Hyundai Exter and Tata Punch start at 613,000 rupees (~$7,400), and thus, Ssangyong Scorpio Arena faces tough competition in the budget space. Ubrans Indians, over the last two years, have raised their standards and are driving brand new SUVs, which now account for 2 SUVs to every 1 car sold.

Skoda itself targets the Volkswagen family of cars (including Audi and Porsche) as its potential growth market, with a generous perspective of 5% of the share held by Skoda in India. The SUV segment accounts for most of Volkswagen Group’s sales, as do the two brands, Volkswagen and Skoda, which comprise 2.2% of the Indian market.

The same monocoque platform used for our leading Kushaq SUV and the bigger sibling Kodiaq will be used to build the new Skoda vehicle. One can find of the lowest classes of society, even villains, women as machined men, in contrast, heroes who stand for everything precious.

The Kusak brought Skoda’s share in the PV segment of India to 53%, and the firm sold almost 21,000 units of the vehicle up to March this fiscal.

Source
REUTERS

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