Skoda increases price tags of all its car models! This is nothing new in the car industry. Recently many car manufacturers including Tata Motors, Hyundai Motors, Maruti Suzuki, and Honda Seil India have increased the cost price of all their cars.
With so many car manufacturers raising the car prices due to high input costs, Skoda India, Czech auto manufacturer, also announces an increase in prices of all its car models in India.
The company announces a hike in the range of Rs 10,000 to Rs 25,000 and this hike will be effective from August 2008. Apart from high input costs, the company is also swayed by the surge in freight costs and high cost of raw materials.
Inspite of the high input costs, the company is putting in hard efforts to absorb maximum costs so that the price hike has minimized impact on prospective car buyers.
Will the efforts of Skoda be successful?
Labels: Car-prices, Luxury -Cars, Skoda
2 Comments:
Ya, I know. All car manufacturers are raising their car prices in order to meet the rising input costs. I recently heard that the interest rates have again increased. I think this will give another opportunity to Skoda and other car makers to increase their price tags and an opportunity to car consumers to throw out their desire of car purchase.
This is not surprising for me i think many of the car makers have already increased their car prices. I think it would be a tough thing for buyers as there is also high inflation in the country and also the increase in fuel prices makes a person think 100 times whether to go for a new car or not. And now the increase in car prices puts down the hope of many of the car buyers into a situation that to buy one or not.
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