Skoda announces a price hike of up to 3% from January 2025

The introductory prices for the Kylaq will be applicable on the first 33,333 bookings.

Skoda Auto India will increase the prices of its models by up to 3% from January 1, 2025.

According to the company, prices are being hiked due to rising input and operational costs. The price hike will affect all models, except the recently launched Kylaq. The exact percentage increase for each model may vary.

The introductory prices for the Kylaq will be applicable on the first 33,333 bookings. Skoda hopes that the popularity of the new compact SUV will help it achieve 1 lakh cumulative sales in India by 2026.

Besides Skoda, brands like Maruti Suzuki, Hyundai, Tata Motors and Mahindra are also set to increase the prices of their respective products come the new year.