Skoda has Planned To Increase the vehicle prices by up to 3 per cent from January

Skoda has Planned To Increase the vehicle prices by up to 3 per cent from January

Skoda, The Automaker, has recently made a statement on the price of their all existing vehicles. They stated, that they are going to increase the prices of the entire product range by up to 3 per cent from January 1, 2022.

Skoda has its brand in the Indian Market, like Kushaq, Kodiak, Octavia, among other products in the domestic market for selling.

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To increase the prices of their all product has taken place because of the rising input costs and increased operational costs. This decision is going to be implemented from January 1, 2022.

Skoda Auto Brand Director Zac Hollis said in a statement. Despite the macro-economic challenges, the company has worked to ensure that the customer impact in terms of the incremental price increase is minimal, he added.

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As the steady increment in the raw materials like steel, aluminium, copper, and precious metals from over the last year has pushed the automobile to promote the manufacture to raise model prices.

Not Only, but Skoda, various carmakers in the Auto Industry has also indicated raising the prices of the existing brands, like Maruti Suzuki, Tata Motors, Toyota Kirloskar Motor, and Honda Cars stated that they would increase the price of all the modal from the next month, Maybe in from the beginning of Jan, 2022