PrancingHorse

SCOOP: Skoda to discontinue Fabia in India. Good move?

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Skoda is all set to pull the plug on the Fabia and will stop selling its only hatchback in Indian the market. However, Skoda will finish assembling Fabia kits before stopping production and hence the Fabia will continue to be sold, possibly till the end this year, until stocks are exhausted.

Skoda’s decision to withdraw the hatchback from the market was prompted by the huge losses the company has been incurring on the Fabia. Successive price cuts over the years to prop up demand has seen this car shedding almost 40 per cent of its price tag since its launch in 2008, which badly squeezed margins.

The Fabia’s relatively low level of local content made it very expensive to produce and this problem was compounded by the Indian Rupee depreciation of 36 percent since 2008 which pushed up costs even higher. According to industry sources, Skoda was losing as much as Rs. 1.5 lakh per car and hence the company was deliberately refraining from aggressively marketing the Fabia which sold a meagre 3,343 units in the 2012-2013 fiscal year. Last month Skoda sold a paltry 115 units. Earlier this year, Honda withdrew its premium hatchback the Jazz, for similar reasons as the car was just too expensive too produce.

Read more here: Fabia to be discontinued

I think this is a good move by Skoda. I was never really a fan of the Fabia, never liked the front end especially and always found it to be overpriced. The Polo outsold Fabia by a huge margin really and to be honest Im happy to see it go.

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I think this is a good move by Skoda. I was never really a fan of the Fabia, never liked the front end especially and always found it to be overpriced. The Polo outsold Fabia by a huge margin really and to be honest Im happy to see it go.

+1 High time Skoda gave up flogging a dead horse!

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forum.autocarindia.com/index.php?/topic/9532-now-a-skoda-rapid-hatchback/page__hl__%2Bskoda+%2Brapid

Takes me back to this topic.

Where everyone was denying both possibilities ( Fabia pulled off production and second launch of the Rapid Hatchback)

So they are pulling the plug without offering an alternative.They must be going really bust it seems.

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I remember that some dealer has promised to give a Fabia free with every Rapid or some such

premium Scoda sedan, some time back which got very good response.

I wonder what he is going to do now. Now that Fabia is going to be history.

Anyway, I like Fabia. For no specific reason. Just like that. I miss it on our radar.

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@rameshbabu

Yes, my feelings exactly , i went back to that offer and found out there was even an option of a cash settlement.So alls good.

And did i mention , it was nice to see you here after a gap.

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