Business Daily from THE HINDU group of publications
Tuesday, Jul 29, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Tuesday, Jul 29, 2008 ePaper | Mobile/PDA Version | Audio |
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Corporate
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Announcements Skoda to hike prices from Aug Mumbai, July 28 Skoda India on Monday announced that the company is increasing price by Rs 10,000 to Rs 25,000 across all the models effective from August 1. "The price hike has been necessitated by a variety of cost push factors like surge in freight costs and raw materials. The company has made efforts to absorb maximum costs to keep the price rise marginal so that the impact to our valued customers is minimised," said Mr Thomas Kuehl, Member Board of Directors, Sales and Marketing, Skoda India, in a release here. With its premium hatch back Fabia, Skoda India reported 69 per cent growth in sales in June. - Our Bureau More Stories on : Announcements | Cars
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