Final Up to date: March 22, 2024, 10:00 IST

Kia India Announces Up To 3 Percent Price Hike On Popular Models From April 1. (Photo: Kia)

Kia India Proclaims Up To three P.c Worth Hike On In style Fashions From April 1. (Picture: Kia)

Kia India to lift costs by as much as 3% on standard fashions like Seltos, Sonet & Carens from April 1, citing commodity value hikes.

Kia India, a serious carmaker identified for its premium autos, has revealed plans for a value enhance of as much as 3 p.c on all its mass fashions, together with standard vehicles like Seltos, Sonet, and Carens, beginning April 1, 2024.

The choice comes as a response to the rising prices of commodities and inputs within the provide chain. As per the Press Launch, this adjustment in costs marks the primary of its form by the corporate this yr.

Mr. Hardeep Singh Brar, the Nationwide Head of Gross sales and Advertising at Kia India, commented on the value adjustment, stating, “At Kia, we constantly try to ship premium and technologically superior merchandise to our esteemed prospects. Nevertheless, as a result of steady enhance in commodity costs, opposed alternate fee and rising enter price, we’re compelled to implement a partial value hike. The corporate is absorbing a good portion of the rise, permitting prospects to proceed driving their favorite Kia vehicles with no main dent of their pockets”.

Kia has been a big participant within the Indian and abroad markets, having offered roughly 1.16 million items to this point. Amongst its lineup, the Seltos leads with over 613,000 items offered, adopted by the Sonet with greater than 395,000 items and the Carens with round 159,000 items.

Within the earlier month, Kia India recorded a complete gross sales determine of 20,200 items throughout its vary, as reported by TOI. The Sonet emerged because the top-seller with 9,102 items offered, trailed by the Seltos with 6,265 items and the Carens with 4,832 items.

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