Skoda have reduced prices of the octavia.The octavia now starts from Rs.9,90,000 onwards.This is for the Octavia ambiente.What the features available in the ambiente at these prices I am not sure but you get the 1.9TDi engine and 2 years unlimited kilometers warranty.
About time Skoda reduced prices of the Octavia considering it is an obsolete model internationally.The newer generation Octavia is sold here in the Indian markets as the Laura.However even now I know of more than a few disappointed folks who where expecting much more of a drastic price cut for the Octavia.
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Next generation Skoda Octavia due in 2009