In response to growing commodity costs and supply chain problems, Kia will increase the price of its Sonet, Seltos, and Carens in India starting on April 1, 2024.
As of April 1, 2024, Kia India has formally declared that it will be raising the pricing of its mass-market-oriented models, including the Sonet, Seltos, and Carens. Prices will increase by 3% as a result of the decision, which is purportedly made in reaction to the Korean manufacturer’s supply chain problems and the growing cost of commodities.
Kia has demonstrated its dedication to its customers by taking on a large chunk of the price rise themselves, in an effort to lessen any significant financial impact. This choice is indicative of Kia’s commitment to provide its customers accessible automobiles. Furthermore, Kia has accomplished remarkable sales numbers, with a combined total of almost 1.16 million vehicles sold in both international and Indian markets.
With sales of almost 613,000 units, its midsize SUV model, the Seltos, is leading the way. The Sonet, with almost 395,000 units sold, and the Carens, with 159,000 units sold, are not far behind. At its Anantapur factory, Kia has built annual production capacity of 300,000 units and started mass production in August 2019.
