Car Loan News

Skoda plans to launch Fabia in Jan next year


Friday,28th September 2007

Skoda India is planning to launch its premium hatchback Fabia in the market by January next year.

The cost for the new Fabia will be range between Rs 5-6 lakh. The car will be rolled out from its Aurangabad manufacturing facility and will be available in both petrol and diesel engine options.

According to media reports, the company has been facing declining sales in the domestic market in recent months. Its sales dropped by 11% to 4,563 units till August this year.


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