Skoda Auto Volkswagen India

It holds about 2% of India's passenger-vehicle market. [2] source: CNBC-TV18 Audi India began local assembly of the new Q3 at its Shendra plant in Chhatrapati Sambhajinagar in September 2026. [3] source: The Hindu BusinessLine

In September 2026 Skoda Auto Volkswagen India and JSW Group signed a non-binding MoU to explore an India passenger-vehicle JV, with a target deal closure of December 2026. [1] source: Mint Business Today reported that JSW Group is expected to hold 51% of the proposed venture. [4] source: Business Today In October 2026 ET Small Business reported a 51:49 JV split targeted before mid-2027 and two locally assembled BEVs planned within two years. [5] source: ET Small Business For FY26 it reported revenue of ₹22,338 crore, up 11%, and net profit of ₹139 crore, up 48%. [1] source: Mint Škoda retail sales grew 68% in FY26. [1] source: Mint Skoda launched the facelifted Slavia on October 6, 2026, with an expected ex-showroom price band of ₹10.25 – 19 lakh. [6] source: Business Today

Business Standard reported a $1.4 billion import duty evasion allegation and the exit of nearly ten senior executives. [7] source: Business Standard Business Today reported that the company plans to lay off 12% of its workforce. [4] source: Business Today Holger Peters, Skoda Auto acting CEO, outlined the India plan to employees. [5] source: ET Small Business Kia India holds about 6% of India's passenger-vehicle market. [2] source: CNBC-TV18