SKODA
'No decent footpath, but rules like Sweden’: Users slam Delhi's ban on fuel for old vehicles
Delhi has enforced a fuel ban on older vehicles, sparking debate over fairness and enforcement. The rule prohibits vehicles older than 15 years (petrol) and 10 years (diesel) from refueling, aiming to reduce pollution. Critics argue the age-based rule is illogical, questioning the relevance of PUC certificates and burdening owners of roadworthy older vehicles, while authorities continue enforcement.
European auto companies fail to rev up sales in India
Renault, Volkswagen, and Skoda are facing challenges in India's automotive market, experiencing sales declines over the past three financial years. Their initial focus on sedans, slow product refreshes, and limited network reach, particularly in smaller cities, have hindered their growth. India's tax structure, favoring sub-4-meter vehicles, further disadvantages these European brands known for larger models.
European carmakers Renault, Volkswagen and Skoda struggle to boost sales in India
Renault, Volkswagen, and Skoda are struggling to maintain sales in the Indian market. Data indicates a sales decline for these European brands over the past three years. Experts cite a focus on sedans, slow product refreshes, and limited reach in smaller cities as key factors. India's tax structure, favoring compact cars, also poses a challenge.
Skoda VW India gets nod for €1 billion investment under India 3.0 strategy
Skoda Auto Volkswagen India will invest ₹10,000 crore to expand operations. The company will focus on premium SUVs and electric vehicles. This investment follows indecision due to lower sales of current models. The new plan, India 3.0, targets premium utility vehicles. Vehicles will be based on the CMP 21 platform.
India key market for MediaTek; young demographic, growing economy fuel growth: Country MD
Jain noted that the company is now expanding into new verticals such as automotive, recently partnering with JioThings to develop 4G smart clusters for the two-wheeler EV segment, and supplying infotainment systems for cars like Skoda Slavia and Tata Punch EV.
Multibagger or IBC - Part 11: This auto ancillary helps make EV rides smoother, and also has a slice of the Vande Bharat pie
This mid-cap auto ancillary player, with eight plants and a presence in 25 countries, is betting big on EVs. Not with batteries, but with bumps. It is particularly dominant in commercial vehicles. With new plants, new verticals, and rising DII confidence, this firm may not make EVs, but it surely knows how to make them ride better. This series on auto ancillary companies works with the assumption that, from the whole set of auto ancillary companies, some multibagger stocks will emerge. And some companies in this space risk going bankrupt.
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Auto sector shifts into high gear with 10.1% salary hikes in FY25
The automotive sector is set to lead salary hikes in FY25, offering an average increase of 10.1%, ahead of the 8.8% average across India Inc, according to Deloitte’s latest study. The hikes are driven by demand for talent in areas like EVs, R&D, automation, AI, and ML.
Passenger vehicle sales stay flat in May; Utility vehicles drive growth: SIAM
In May 2025, Indian passenger vehicle sales saw a marginal 0.8% increase, driven by utility vehicles offsetting a car sales decline, SIAM data reveals. Maruti Suzuki and Hyundai benefited from UV demand, while Mahindra, Kia, and Toyota experienced robust growth. Two-wheeler sales remained subdued, though electric models gained traction.
Skoda to scale up pre-owned biz, bolster sales network to double sales this year
Skoda aims to double its Indian market volume this year, driven by its SUV portfolio and network expansion to 350 outlets. The company is also strengthening its pre-owned car business, targeting a threefold increase in sales, and considering entering the CNG segment to maintain market relevance. Skoda expects its market share to reach 2.5-3% by year-end.
Merc, Skoda-VW may make in India, Tesla to stay away: Musk’s electric car co only interested in setting up sales outlets, says Kumaraswamy
India's new EV scheme allows carmakers to import 8,000 units at reduced tariffs if they establish local manufacturing. Mercedes-Benz, Skoda-Volkswagen, Hyundai, and Kia have expressed interest, while Tesla seeks only to open showrooms. The scheme aims to boost India's EV manufacturing hub status, requiring domestic production within three years and a minimum investment of Rs 4,150 crore.
Udaan’s flat raise; Nykaa’s market woes
B2B ecommerce unicorn Udaan raised fresh funds in a round led by existing investors. This and more in today’s ETtech Top 5.
Skoda, Mercedes, Kia, Hyundai keen to manufacture EVs in India: Kumaraswamy
Union Minister H D Kumaraswamy announced that Mercedes Benz, Skoda-Volkswagen, Hyundai, and Kia are considering manufacturing electric vehicles in India, with the application window for the SPMEPCI opening soon. The scheme aims to boost domestic EV production and reduce emissions, offering incentives for manufacturers who invest and produce EVs locally.
Tesla not interested in manufacturing in India, minister says
Tesla is unlikely to manufacture in India soon, according to Heavy Industries Minister Kumara Swamy, despite securing showroom space and job listings. India plans to invite applications under a new EV policy offering lower import duties (15% vs 70%) to automakers investing $486 million in local production.
Asian underdog & global biggies hit accelerator when Musk dodges desi market challenge
Vietnam’s Vingroup is entering India’s growing EV market through its arm VinFast, just as Tesla, after years of delay, prepares for its India launch. VinFast plans to open an assembly plant in India by June, backed by a $2 billion investment in Tamil Nadu. Although VinFast doesn’t see Tesla or BYD as direct competitors, India’s crowded EV space—with players like Maruti Suzuki, BYD, Hyundai, and MG Motors—poses challenges.
Tesla unlikely to make in India, will focus only on imports: All you need to know
The government is gearing up to invite formal applications under its new flagship policy, Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI). The scheme promises a reduced import duty of 15% from the current 70% for automakers that invest at least $486 million in local manufacturing.
Tesla EU sales slump 52% in April: trade group
Tesla's European sales plummeted in April 2025, dropping by over 50% as Chinese electric car manufacturers gained significant market share. This decline occurred amidst scrutiny of Elon Musk's involvement with Donald Trump and concerns about Tesla's aging vehicle lineup. While overall electric car sales in the EU rose, Tesla was surpassed by numerous competitors, including Volkswagen and BYD.
Multibagger or IBC - Part 6: Will change in focus to EV make this auto ancillary company a major automaker?
The year was 2016. At a time most of its peers were wondering how they could adapt to survive the EV transformation in the auto sector, this auto ancillary had not only made the pivot but had actually switched to becoming an EV OEM. That year, it launched its first electric bus! In addition, today, as rivals are worrying about US tariffs, this company is doubling down on India and select international markets through a mix of aggressive tender wins, strategic JVs, and capital infusion from global institutions.
Multibagger or IBC (Series: AA 125), Part 4: It saw the transformation and is much better placed to capitalize on it and create wealth
This auto ancillary foresaw the coming of the electric vehicle (EV) age way back in 2012. In its annual report that year, it quoted a study that projected a significant jump in EV two- and four-wheelers by 2020. In just five years, in 2017, it noted: “We are at the forefront to capitalise on this opportunity, given our track record of being the first and the only manufacturer in the country to supply gear lever to electric cars…” Fast forward to 2024: Almost 40% of its order book comes from EVs. Foresight apart, this company was also fortunate on another front: Its product mix. Read on to know why.
Skoda Auto Volkswagen recalls over 47,000 units to fix rear seatbelt
Skoda Auto Volkswagen India is recalling over 47,000 vehicles, including Taigun, Virtus, and Kushaq models, due to a potential manufacturing defect in the rear seatbelts. The recall affects vehicles manufactured between May 24, 2024, and April 1, 2025. The company is proactively contacting customers to resolve the seat belt concern, ensuring passenger safety.
Skoda India aims to sell 150% more all-desi new Kodiaq amid SUV wave
Skoda anticipates the new Kodiaq SUV will significantly boost its brand presence in India, capitalizing on the country's rapidly expanding SUV market. Petr Janeba, Director of Skoda Auto India, expects sales to increase by at least 150% compared to the previous Kodiaq model, driven by its enhanced luxury and value. The new Kodiaq is fully localized and assembled in India.
Skoda India halts plans to launch imported cars
Skoda Auto India has paused its plans to import fully-built petrol, diesel vehicles, and electric cars due to uncertainty surrounding customs duties. The carmaker is also delaying local EV manufacturing, awaiting clarity on advanced fuel efficiency guidelines.
Skoda India says it needs to increase share in group's overall exports with better planning
Skoda Auto India aims to increase its share in the group's overall exports through improved planning, focusing on expanding auto parts exports to ASEAN countries via its Mumbai Port factory. The company, celebrating 25 years in India, also launched the second-generation Kodiaq SUV. Skoda plans to integrate export considerations into the development of new car models for better market suitability.
Trump tariffs may open new opportunities for India, says Skoda Auto Volkswagen official
Skoda Auto Volkswagen India expressed reservations about the new reciprocal tariffs imposed by the US, despite a temporary pause, suggesting they could potentially foster free trade agreements between India and the EU. The company also launched the Volkswagen Tiguan R Line amidst an ongoing tax dispute concerning alleged customs duty fraud related to imported car parts.
Skoda Auto India posts 'highest-ever monthly sales' at 7,422 units in March
Skoda Auto India reported its highest monthly sales in March, marking its 25th year in operation in India. The sales, which were the highest ever, were a result of sustained planning and strategy to democratise European technology.
Volkswagen's Skoda to invest in manufacturing EVs in India despite $1.4 billion tax demand overhang
Skoda Auto plans to manufacture electric vehicles in India, investing independently if necessary. While facing a significant tax dispute, Skoda remains committed to collaborating with partners for growth in the Indian market. With India's new vehicle efficiency standards, Skoda aims to leverage Volkswagen Group's EV technology to gain a competitive edge.
Skoda Kylaq: Czech car maker picks Sanskrit name for its compact SUV to challenge Fronx, Nexon, and 3XO
Skoda announced the name of its new subcompact SUV for India, named 'Kylaq,' slated for a 2025 launch. Selected through a public campaign, Kylaq follows the brand's naming convention. Built on the MQB-A0-IN platform, it features split headlamps and LED DRLs. The powertrain is expected to be similar to the Skoda Kushaq's 1.0-litre TSI turbo-petrol engine.
Skoda Auto posts over five-fold jump in sales to 4,503 units in February
Skoda Auto India on Tuesday reported an over five-fold surge in sales to 4,503 units last month, riding on the success of its mid-sized SUV Kushaq. The company had sold 853 units in the same month last year.
Skoda will drive in an all-new sedan early next year
The Kushaq and the proposed sedan are among the four products — the new Octavia and Kodiaq are the other two — Skoda has planned on the MQB IN platform. With all four models on road by the end of next year, Skoda is aiming to produce 60,000-70,000 units in 2022, up from 30,000 in 2021.
Skoda to launch mid-sized SUV Kushaq Q2 of 2021
With the Skoda Kushaq, the Czech automobile manufacturer said it leaps forward into a "new era of mobility for the Skoda Auto led Volkswagen Group, in India, based on state of the art and locally developed Modulare Querbaukasten (MQB) A0 IN platform".
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