New Delhi – Kia India, one of the country’s prominent premium automakers, has announced a price increase of up to 2% across its entire product portfolio, effective January 1, 2025. The decision comes in response to mounting pressures from rising commodity prices, unfavorable exchange rates, and escalating supply chain expenses.
Hardeep Singh Brar, Senior Vice President of Sales and Marketing at Kia India, shed light on the rationale behind the adjustment. “At Kia, our focus remains on providing state-of-the-art vehicles that redefine customer experience and quality. However, due to a persistent surge in input costs, we are compelled to make a minimal price correction. We have ensured that the majority of the burden is absorbed by us to cushion the impact on our customers.”
Since its entry into the Indian market, Kia has achieved a remarkable milestone, selling over 1.6 million units domestically and internationally. The Seltos remains the brand’s star performer, with more than 670,000 units sold, followed by the Sonet with over 480,000 units. The Carens and Carnival have also contributed significantly, with 214,400 and 15,000 units sold, respectively.
The price adjustment reflects Kia India’s efforts to balance the rising operational costs while continuing to offer advanced vehicles at competitive prices. Customers eyeing a Kia vehicle are advised to take note of the revised prices starting next year.
This move marks Kia’s continued resilience and commitment to its market strategy, despite the challenging economic climate affecting the automotive industry globally.
