PrancingHorse 1 Report post Posted May 16, 2013 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. Quote Share this post Link to post Share on other sites
BonFre 0 Report post Posted May 16, 2013 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! Quote Share this post Link to post Share on other sites
librankur 39 Report post Posted May 17, 2013 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. Quote Share this post Link to post Share on other sites
reyen7 0 Report post Posted May 17, 2013 It was overpriced, but a nice car. Sad to see it go. Quote Share this post Link to post Share on other sites
Sstar 77 Report post Posted May 17, 2013 Or perhaps since Polo is not selling in good numbers then VW may have thought to just focus on Polo rather than carrying two horses. Quote Share this post Link to post Share on other sites
ukcarmad 0 Report post Posted May 17, 2013 Skoda's Fabia is a best seller in the UK; the buyers prefer it over the far more expensive VW Polo. Quote Share this post Link to post Share on other sites
rameshbabu.n 6 Report post Posted May 18, 2013 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. Quote Share this post Link to post Share on other sites
librankur 39 Report post Posted May 18, 2013 @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. Quote Share this post Link to post Share on other sites
