The upcoming Skoda small car will be called the Joyster and will be the entry level Skoda car in the world. It will be based on the Volkswagen UP! and will debut in 2012. It will be a four seater and will be launched in India as well between Rs. 4-5 lakhs. Power will come from a 1.0 liter 3 pot motor and fuel efficiency will be one of the strengths of this small beauty. We hope that it would be as cheap to own (maintain) as it is to run.

Source – Auto Express