Kia Increases Price Range Across Line-up, Starting from April 1

Kia Increases Price Range Across Line-up, Starting from April 1

2024 Kia Carens. (Photo: Shahrukh Shah/ News18)

The company says that the decision has been taken due to an escalation in commodity prices and supply chain-related inputs. 

The premium carmaker, Kia has announced the price hike across the range. The company has confirmed the news via official release, saying the models will become 3 percent costlier compared to the current price range, starting from April 1.

This is the first price hike of the year, which is likely to be constant for months. It will impact the current lineup including Seltos, Sonet, and Carens. It has been reported by the brand that the decision has been taken due to an escalation in commodity prices and supply chain-related inputs.

Here’s What Company’s Top Official Says

Speaking about the decision, the company’s Sales and Marketing head, Hardeep Singh Brar said, “At Kia, we consistently strive to deliver premium and technologically advanced products to our esteemed customers. However, due to the continuous increase in commodity prices, adverse exchange rate and rising input cost, we are compelled to implement a partial price hike.”

In addition, he said, “The company is absorbing a significant portion of the increase, allowing customers to continue driving their favorite Kia cars without a major dent in their pockets.”

Kia Sales Figures

Kia has been witnessing an overwhelming response in terms of sales in the Indian market, all thanks to the newly launched updated Sonet and Seltos 2.0. The company has sold somewhere around  1.16 million units in both India and the international market.

Top Performer

The brand has revealed that the hot-selling product Seltos, has achieved a new milestone, surpassing 613,000 unit sales. The tech-loaded Sonet has witnessed a sales mark of 395,000 units, followed by Carens with 159,000 units.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *