With regard to the initiative, Joern Achim Kurzrock, Chairman of the Managing Board, Volkswagen Finance Private Limited said, “The offer comes at a time when the auto industry is witnessing a contraction in demand. At affordable EMIs of Rs. 9999, this offer will make it easier for consumers to make the transition from a hatchback to a sedan. The novel scheme, launched under our brand Škoda Finance, is a first of its kind in the Indian market, with a sedan being made available for as less as Rs. 9,999 per month.”
The scheme has been introduced in the Indian market by Škoda Finance, a brand of Volkswagen Finance Private Limited and will be available with immediate effect for a limited period only.