 New Delhi: Czech car-maker Skoda today said it will introduce a small car in the Indian market in early 2012, which will be priced at Rs 3-5 lakh.
The company, a part of the Volkswagen Group, will also introduce its sports utility vehicle, Yeti, and a stripped- down version of its premium hatchback, Fabia, in India by the end of this year. In addition, it will launch a sedan with a Rs 6-10 lakh price tag in 2011.
"We had announced to roll out one new model every year. As part of this strategy, we will enter the volume segment and will launch a small car in early 2012," SkodaAuto India Board Member and Director (Sales and Marketing) Thomas Kuehl told reporters here. The development of the car is underway and the company will launch the model in both petrol and diesel versions.
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