New Delhi, 9th December 2024: Kia India, a leading premium carmaker, has announced up to 2% price hike across its entire lineup, The price hike, effective from January 1, 2025, is primarily due to rising commodity prices and escalating supply chain-related costs.
Commenting on the price adjustment, Mr. Hardeep Singh Brar, Sr. Vice President, – Sales and Marketing, Kia India said, “At Kia, we are committed to delivering exceptional, technologically advanced vehicles of the highest quality to our valued customers. However, due to the persistent rise in commodity prices, unfavorable exchange rates, and increased input costs, a necessary price adjustment has become unavoidable. Despite these challenges, Kia is absorbing a significant portion of the cost increase, minimizing the financial impact on our customers, so they can continue enjoying their favorite Kia vehicles without major dent on their pockets”. Kia has sold 1.6 million units in India and overseas markets combined to date. Its best-selling innovation, Seltos, has surpassed 670,000-unit sales, followed by Sonet with over 480,000 units, Carens with 214,400 units and Carnival with over 15,000 units.
