Skoda, Orix Auto Infra join hands for car rental solutions

Mumbai, PTI | Updated : 04 March 2019, 07:40 AM
Skoda will provide its entire range on lease basis for up to five years to customers. (Representational Image)
Skoda will provide its entire range on lease basis for up to five years to customers. (Representational Image)

The Indian arm of the Czech car maker Skoda Friday announced signing of an initial pact with Orix Auto Infrastructure Services for car renting solutions. The company will provide its entire range --Rapid, Octavia, Superb and and Kodiaq - on lease basis for up to five years to customers initially across eight cities, Delhi, Mumbai, Pune, Ahmedabad, Bengaluru, Chennai, Kolkata and Hyderabad, a release said.

The monthly lease rental for Skoda model range will start at Rs 19,856 and cater to salaried individuals, working professionals, SMEs, PSUs and corporate entities, the company added.

The partnership with Orix reflects our commitment to reach out to our customers through new strategic avenues. The tailor-made leasing program will draw on the strengths of both companies and deliver an enhanced ownership experience to Skoda customers," Zac Hollis, director of sales, service and marketing, Skoda Auto India.

The leasing solutions offered under the tie-up includes road tax, insurance, breakdown assistance, accidental repairs, end-to-end maintenance, scheduled tyre and battery changes, and a replacement vehicle, as per the release.

"Leasing has been a well-accepted product across all developed nations and we expect the same to happen in India. Also with the mind and mode shift trends of this millennial generation where convenience weighs more than ownership, we expect leasing to play a significant role in meeting customer expectations," said Sandeep Gambhir, managing director and chief executive officer, ORIX Auto Infrastructure Services.

First Published: Monday, March 04, 2019 07:40 AM
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