Financial Daily from THE HINDU group of publications
Thursday, Jan 15, 2004
Financial Daily from THE HINDU group of publications Thursday, Jan 15, 2004 |
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Announcements Skoda lines up more models Our Bureau
New Delhi , Jan. 14 SKODA Auto, maker of Octavia luxury car, on Wednesday said it would launch more models in India this year, as it expects sales to grow by 65 per cent to 8,000 units. The models that Skoda will roll out in the country in the coming months include Superb, Laurin & Klement and Fabia, said Mr Imran Hassen, Managing Director of Skoda (India), . The Superb and Laurin & Klement will be launched in March while the Fabia will debut by the end of the year, he said. An automatic version of Octavia and another variant with a 1.8-litre diesel engine will also be introduced during the year. "In 2002, our sales was up by 10 per cent to 4,850 units. We expect to sell about 8,000 cars in this year," Mr Hassen said, adding that the number of Skoda dealers would also go up to 40 by the end of the year, from the current 33. The company, part of the Volkswagen group, will also inaugurate a new factory in Aurangabad next month.
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