New Delhi: Kia India, a number one carmaker, has introduced as much as 3% worth enhance throughout all its mass fashions, together with Seltos, Sonet & Carens from April 1, 2024.
This determination is attributed to the escalation in commodity costs and provide chain-related inputs. It’s the first worth adjustment by the corporate this yr, the corporate stated.
Hardeep Singh Brar, Nationwide Head -Gross sales and Advertising and marketing, Kia India, stated, “At Kia, we constantly attempt to ship premium and technologically superior merchandise to our esteemed prospects. Nevertheless, as a result of steady enhance in commodity costs, hostile trade fee and rising enter price, we’re compelled to implement a partial worth hike. The corporate is absorbing a good portion of the rise, permitting prospects to proceed driving their favorite Kia vehicles and not using a main dent of their pockets”.
Kia has offered virtually 1.16 million items in India and abroad markets mixed thus far. Its best-selling innovation, Seltos, has surpassed 613,000 unit gross sales, adopted by Sonet with over 395,000 items and Carens with 159,000 items.
Kia commenced mass manufacturing from August 2019 and has an put in annual manufacturing capability of 300,000 items. Until date, Kia India has launched 5 automobiles for the Indian market – Seltos, Carnival, Sonet, Carens, and EV6. Kia India has accomplished over 1.16 million automobile dispatches from its Anantapur plant, together with over 9.1 lakh home gross sales and near 2.5 lakh exports, the corporate stated in a media launch.
