Thinking of snagging a brand new Kia Seltos, Sonet, or Carens? Hold on a sec! Kia India just announced a price increase of up to 3% for all its car models, effective April 1st, 2024. This is the first price hike Kia has implemented this year, and it reflects the rising costs of raw materials and supply chain disruptions plaguing the auto industry globally.
Why the Price Hike? Buckle Up for Rising Costs
Kia isn’t the only carmaker feeling the pinch. The entire auto industry is grappling with a surge in commodity prices. From steel and rubber to semiconductors and other critical components, everything’s getting more expensive. This, coupled with ongoing supply chain challenges, has forced Kia to adjust its pricing strategy.
What This Means for You: New Price Expectations
The exact revised ex-showroom prices for each Kia model (Seltos, Sonet, and Carens) are expected to be revealed in the first week of April. So, if you’ve been eyeing a new Kia, it’s best to hold off on finalizing your decision until the official price announcements are made. This way, you’ll have a clearer picture of the impact on your budget.
Kia’s Stellar Sales Performance in India
Despite the price hike, Kia remains a strong contender in the Indian car market. The brand has sold a whopping 1.16 million units cumulatively since its arrival. The mid-size SUV Seltos continues to be the champion, clocking over 6.13 lakh units sold, followed by the compact SUV Sonet at 3.95 lakh units and the relatively new Carens MPV with 1.59 lakh units.
Beyond the Price Hike: What Else is Brewing at Kia?
Kia isn’t just about price adjustments. Last month, they initiated a service campaign to address a potential issue with the electronic oil pump controller in some petrol-powered Seltos models (4,358 units specifically). Additionally, Kia is gearing up for the launch of the facelifted Carnival MPV in the coming months. So, stay tuned for exciting new offerings alongside the upcoming price revisions.
Here’s a quick recap for busy bees:
- Kia India is raising prices by up to 3% across all models (Seltos, Sonet, Carens) from April 1st, 2024.
- This decision reflects rising commodity costs and supply chain challenges.
- New ex-showroom prices will be announced in the first week of April.
- Kia has a strong sales record in India with over 1.16 million units sold.
- The brand is also working on a service campaign for some Seltos models and the launch of the facelifted Carnival MPV.
So, what are you waiting for? Head down to your nearest Kia dealership and explore their exciting range of cars before the prices go up!
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