Kia India, a prominent player in the premium car market, has announced a price hike of up to 2% across its entire model range, effective January 1, 2025. The increase is attributed to rising commodity prices and growing supply chain costs.
Commenting on the decision, Mr. Hardeep Singh Brar, Senior Vice President – Sales and Marketing at Kia India, said, “At Kia, we remain dedicated to offering our customers high-quality, technologically advanced vehicles. However, due to ongoing increases in commodity prices, unfavorable exchange rates, and higher input costs, a price adjustment has become necessary. Despite these challenges, Kia will absorb a substantial portion of the cost increase, ensuring minimal impact on our customers and allowing them to continue enjoying their favorite Kia models without a significant financial burden.”
To date, Kia has sold a total of 1.6 million units across India and international markets. The company’s best-seller, the Seltos, has surpassed 670,000 units sold, followed by the Sonet with over 480,000 units and the Carens with 214,400 units.
