Czech automobile manufacturer Skoda has reintroduced its luxury sedan Octavia
by launching the passenger vehicle's third generation version.
The new luxury sedan is being produced at the company's plant in Aurangabad, Maharastra, where the firm's other products such as Superb, Yeti and Laura are manufactured.
"New Octavia is a great car that meets the needs of Indian customers
perfectly. Lots of space, modern design, excellent quality and advanced technology at an affordable price," Werner Eichhorn, Skoda, board member, sales and marketing said in a statement.
According to the company, the third generation is the Octavia's largest, safest and most environmentally friendly version. Between November 2001 and October 2010, the company sold 44,900 Octavias.
The vehicle had been discontinued after 2010 as the second generation version of the vehicle did not meet the emission requirements.
Skoda said Octavia is a key product
in its largest growth strategy with an aim to increase annual sales to at least 1.5 million units.
The company, which has been present in the Indian market since 2001, said that it increased its sales by 14.2 per cent to more than 30,000 units in 2012.
"In the first seven months of 2013 alone, the Czechs sold 13,800 vehicles in the subcontinent. This means that around 178,300 Skodas were delivered to Indian customers between 2001 and the end of July 2013," the statement added.