Report: Skoda planning VW Up-based minicar?

According to Inside Line, Skoda is jumping into the minicar game with a little help from parent company Volkswagen. The Czech automaker is set to introduce a new model based on the same platform as the VW Up, with production gearing up toward the fall of 2011.

The vehicle doesn't have a name as of yet, but according to the report, the pint-sized machine is slated to be built at Volkswagen's Bratislava manufacturing facility. When it rolls off the production line, it will come packing an efficient 65-horsepower 1.0-liter gasoline engine, though a 75-horsepower 1.2-liter diesel mill will also be available at the time of launch.

Later down the line, there's word that Skoda will bring an all-electric version to the party as well. The baby Skoda is being designed to lock horns with the Toyota iQ and Peugeot 107, and Inside Line is reporting that it will likely carry a price tag of around $9,300 when it debuts.

[Source: Inside Line]

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