Skoda LogoSkoda is planning its own version of Volkswagen’s upcoming new Lupo (based on the up! concept), and plans to manufacture it in India. Skoda currently has two plants in India, one in Aurangabad and one in Chakan.

Skoda officials say its small car will have a new platform, which seems to indicate the upcoming rear-engined rear-wheel drive platform which underpins the up!/Lupo. The new small Skoda will make its debut by 2010, and will fuel Skoda’s race to sell 100,000 cars annually from 2012 onwards.

It will be priced between Rs 3-5 lakh (US$7,100 to US$11,600). Skoda recently unveiled a 1.2 litre version of the Skoda Fabia hatchback in India, joining the existing 1.4 litre MPI petrol and 1.4 litre TDI diesel engine variants.