Kia India has announced that its car prices will increase by 2% starting from January 1, 2025. This price hike is primarily attributed to the rising costs of commodities and supply chain disruptions.
Hardeep Singh Brar, Senior Vice President of Sales and Marketing at Kia India, explained that the company had to make this adjustment due to the persistent increase in commodity prices, unfavorable exchange rates, and overall input costs.
Despite these challenges, Kia has achieved significant milestones, selling over 1.6 million units globally. The Seltos remains the company’s best-selling model, surpassing 670,000 units, followed by the Sonet with over 480,000 units, the Carens with 214,400 units, and the Carnival with over 15,000 units.
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