The all-new mid-sized car from Skoda, named Skoda Rapid, is expected to be released in the Indian market during Novermber 2011.
The base petrol version is expected cost about Rs.7 lacs while the top-of-the-range Diesel version is expected to cost about Rs.10 lacs.
The Rapid is beleived to carry the same 1600 cc Petrol/Diesel engine as the Volswagen Vento. It is also believed to be quite similar to the Vento in its features.
Skoda Rapid is pitted directly against Volkswagen Vento, Hyundai Verna, Maruti Suzuki X4, Tata Manza, Nissan Sunny, Ford Fiesta, and Honda City.
The production of the car has already been started in the Pune (Chakan) of the Company.