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This type of account is best suited for you, if you want to sell multiple vehicles. It’s the ideal choice for dealers or companies that intend to sell online or already selling online
Skoda Introduces Finance Schemes on Karoq, Superb Facelift & Rapid 1.0 TSI
Skoda Introduces Finance Schemes on Karoq, Superb Facelift & Rapid 1.0 TSI
Published On: 27 May 2020
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Skoda India is offering special financing schemes and other benefits on its recently launched products.
The Czech carmaker Skoda India, recently, launched Skoda BS6 Rapid 1.0 TSI, Karoq, and Superb facelift digitally in India. All the three models can be purchased via Skoda online sales portal. Due to the coronavirus outbreak, the country is still battling the economic crisis. In order to rack up the sales and attract customers, Skoda Auto India has introduced a bunch of finance schemes for its recently launched BS6 range. This has been done with an aim to make the vehicles more accessible.
The customers can avail 100 percent funding on ex-showroom prices on Skoda vehicles at a special 8.99 percent rate of interest. The company is also offering loyalty bonus and corporate benefits on all its vehicles. Skoda is offering a 'Buy Now Pay in Diwali' offer on Rapid TSI. This scheme offers a 6 months monthly installment holiday. According to this offer, buyers will have to start paying installments by somewhere around Diwali 2020. There is also a lucrative exchange offer with Rapid. The Superb facelift is available with low EMI and assured buyback value of 57 percent after 3 years.
The company is also likely to resume operations at dealerships in a phased manner in strict adherence to the guidelines issued by the authorities. However, production at its Aurangabad plant has been resumed.
The COVID'19 pandemic has hit the automobile industry hard with zero cars sold in April in the domestic market. As a part of its growth plans in the country, the company has launched the three vehicles namely Rapid TSI, Skoda Superb facelift, and Karoq via digital medium. They have also made vehicles on sale online. The new Karoq is priced at Rs 24.99 lakhs (Ex-Showroom). The SUV will be imported to India as a CBU unit. The entry-level sedan Rapid TSI is priced at Rs 7.49 lakhs (Ex-Showroom). While the premium sedan Superb is priced in the range of Rs 29.99-32.99 Lakhs (Ex-Showroom).
China's leading electric vehicle manufacturer, BYD, is facing allegations of tax evasion in India over imported car parts used in local vehicle assembly. India's Directorate of Revenue Intelligence (DRI) claims BYD underpaid 730 million rupees (USD 9 million) in taxes, which has been deposited by the company. India imposes import taxes of 70% or 100% on complete electric cars, and 15% or 35% on imported car parts assembled into EVs locally.
On July 27, Chinese carmaker SAIC Motor and German automaker Audi signed a memorandum of understanding (MoU) to co-develop electrified vehicles. The collaboration aims to create 'intelligent' and 'connected' electric vehicles by combining their individual capabilities and engineering solutions. According to the MoU, the partnership will enable Audi to expedite the development of new EVs and meet the demand for China's fast increasing EV industry. The goal is to quickly and efficiently bring the next generation of intelligent EVs to market.
