Reliable sources in the industry confirm that Skoda Auto India has invited creative agencies for a pitch for its forthcoming variant of the premium hatchback, Fabia. The new car will be launched in the country next year, probably around the third quarter.
When contacted by afaqs!, Tarun Jha, head - marketing, Skoda India, declined to comment on the development.
Skoda is considering launching a new variant of the Fabia, so as to leverage the popularity that the brand already enjoys in the market. The new variant would be available in three versions -- petrol, diesel and green-line (eco-friendly). The decision to launch the car could be due to the immense potential of the premium hatchback segment in the Indian market.
Last week, officials at Skoda India circulated a brief amongst a handful of creative agencies for the presentations. The presentations are to begin next week.
Though no confirmation was available on the advertising spends for the new brand, sources peg the account to be in the region of Rs 10 crore.
Mediacom is the media AoR for the company in India, and would continue to handle these duties. Prior to that, Motivator was the media agency; but it now handles Honda Jazz.
Source - afaqs