Skodas New Compact SUV: Skoda Auto India is set to enter the competitive B-segment SUV market with the launch of its latest model, slated for release in 2025. Priced between Rs 8 lakh to Rs 14 lakh (ex-showroom), the upcoming compact SUV is poised to challenge popular contenders such as the Tata Nexon, Hyundai Venue, and Maruti Brezza, according to sources familiar with the matter.Skodas New Compact SUV: Characteristics of B-segment CarsB-segment cars are renowned for their compact size, affordability, and fuel efficiency, making them ideal for urban commuting. Often referred to as hatchbacks due to their design, these vehicles offer practicality and manoeuvrability, catering to the needs of city dwellers.Skodas New Compact SUV: Platform and BenchmarkingSkoda has confirmed that its new compact SUV will utilize the MQB-A0-IN platform, shared with the successful Kushaq SUV and Slavia sedan. This platform, tailored specifically for the Indian market, highlights Skodas commitment to delivering vehicles suited to local preferences and requirements. Additionally, industry sources suggest that the pricing strategy for the Skoda SUV will be benchmarked against established models such as the Maruti Suzuki Brezza, Hyundai Venue, and Tata Nexon.Skodas New Compact SUV: Strategic Sales TargetsWith the impending launch of the affordable compact SUV, Skoda Auto India aims to double its sales by 2026, targeting a sales volume of 100,000 units. This ambitious goal reflects the companys confidence in the Indian markets growth potential and underscores its commitment to expanding its presence in the region.Skodas New Compact SUV: Importance of the Indian MarketSkoda Auto CEO Klaus Zellmer emphasized the significance of the Indian market in the brands global growth strategy. Recognizing India as a key growth driver, Zellmer reaffirmed Skodas commitment to leveraging the countrys immense potential and establishing a strong foothold in the region. He underscored Indias pivotal role in Skodas international expansion plans, highlighting the companys strategic focus on capturing emerging opportunities in the dynamic Indian automotive landscape.By aligning its product offerings with the preferences and expectations of Indian consumers, Skoda aims to reinforce its position as a leading player in the competitive SUV segment and drive sustainable growth in the years to come.
