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The inside story of Kia Motors' smooth drive into India's competitive auto market
The good tidings at the beginning have endured for Kia, which is having something of a dream run in India’s auto market, which such giants of the global auto industry as General Motors, Ford and Toyota have struggled to make a dent in.
Kia Motors looks to ace SUV segment in India with Seltos, Sonet in tow
The company, which reported its highest-ever retail sales in the count...
Pole position for Maruti Suzuki as carmaker edges out Indian manufacturers
India’s largest car maker Maruti Suzuki had seven models in a list...
Passenger vehicle exports tumble 58 per cent in H1FY21 as COVID-19 disruptions take toll
Passenger car exports during the period under review stood at 1,00,529 units, down 64.93 per cent from 2,86,618 units in April-September, 2019-20.
Kia Motors receives over 50,000 bookings for compact SUV Sonet
This record booking number affirms Sonet's status as a game-changer by customers in the highly competitive compact SUV category, the company said in a statement.
To revive sagging sales, automakers are banking big on fresh vehicles
Bhatia added that earlier, most of the features were mechanical; now, software and connected technologies are driving the change, and the time gap between a global feature launch and its replication in India is reducing rather quickly.
Kia Motors launches Seltos anniversary edition at Rs 13.75 lakh
The Seltos anniversary edition is based on HTX trim and comes with petrol and diesel engine options.
Recent jump in auto sales may be due to pent-up demand, not sustainable: MG Motor India
Following the reopening of the economy after lockdown, auto sales have gradually picked up month on month since June and gained further momentum with the onset of festive season in September.
Kia Motors reports 74 percent increase in August sales, marks sale of one lakh units of Seltos
Owing to recovery of demand in the domestic market since resuming operations after the lockdown, the company has been able to consolidate its position as one of the top five car manufacturers in the country.
Kia Motors reports highest retail sales in September with Sonet leading charge
The Sonet dominated the compact SUV segment and recorded sale of 9,266 units in just 12 days of its launch, it added. The company's first product for India, the Seltos, also continued its strong performance with 9,079 unit sales last month, the automaker said.
India plans unaffected by Covid-19: Ho Sung Song, global president, Kia Motors
Covid-19 is a long term virus, not a short term virus. I don't think the sales in the Indian market will recover in one or two years. And that is true not only for India but for other emerging markets too, Song said.
Kia Motors India expects to grow sales with soon to be launched SUV Sonet
The new SUV, Kia Sonet, will take on the likes of the Maruti Suzuki Vitara Brezza, Hyundai Venue and the Mahindra XUV300 in a segment which posted monthly sales of 30,000-40,000 units prior to the pandemic.
Auto companies ‘dissent’ not justified, India's taxes in line with global rates: Finance Ministry sources
Government’s view came in response to key voices from the auto industry blamed ‘prohibitive’ taxes for dampened consumer demand amid the Covid 19 pandemic, which in turn was leading to companies halting their investments into expanding manufacturing facilities.
Kia Motors expects slight delay in new model launches due to coronavirus pandemic
Kia Motors India also expects to do better this year with its third model to be available although the auto industry is going through a rough ride due to a prolonged demand slowdown that started from last year coupled with the impact of the pandemic induced lockdown.