Kia Announces : Kia India loyalists, buckle up! Here’s a heads-up for all potential Kia car buyers – get ready for a slight price bump on your favorite Kia models. In a recent announcement, Kia India confirmed a price increase of up to 3% on their popular car range, effective from April 1, 2024. This price revision affects their best-selling SUVs, the Seltos and Sonet, along with the feature-packed MPV, the Carens.
Rising Costs Prompt Price Hike
While the news might come as a surprise to some, Kia India attributes this price adjustment to the ever-increasing commodity prices and rising costs associated with their supply chain. The company emphasizes that this is the first price hike they’ve implemented in 2024, signifying their commitment to price stability whenever possible.
Kia India Prioritizes Customer Value
Hardeep Singh Brar, National Sales and Marketing Head at Kia India, sheds light on the decision, stating, “We constantly strive to deliver premium and technologically advanced car experiences to our customers. However, due to the continuous rise in commodity prices, unfavorable exchange rates, and overall escalating input costs, we are forced to implement a partial price increase.”
Kia Absorbing Cost Increases – Minimizing Customer Impact
Understanding the potential impact on customer wallets, Kia India assures they’re absorbing a significant portion of the cost increase. This customer-centric approach aims to minimize the financial burden on potential buyers and existing Kia enthusiasts. Kia’s commitment to the Indian market is further exemplified by their impressive sales figures, having sold a combined total of around 1.16 million units in India and overseas markets.
What This Means for You
While the exact revised prices haven’t been announced yet, you can expect a slight increase (up to 3%) on the ex-showroom price of your preferred Kia model. This might nudge the on-road price (which includes insurance, registration, and road tax) slightly higher as well.
Here’s a table summarizing the affected Kia models:
| Kia Model | Current Price Range (Ex-showroom) | Expected Price Increase (Approx.) |
|---|---|---|
| Seltos | ₹10.90 lakh – ₹20.30 lakh | Up to ₹65,400 |
| Sonet | ₹7.99 lakh – ₹15.69 lakh | Up to ₹47,070 |
| Carens | ₹10.45 lakh – ₹19.45 lakh | Up to ₹58,350 |
Key Takeaways
- Kia India to increase prices of Seltos, Sonet, and Carens by up to 3% from April 1, 2024.
- Rising commodity prices and supply chain costs cited as the reason for the price hike.
- Kia India prioritizing customer value by absorbing a significant portion of the cost increase.
- This is the first price adjustment by Kia India in 2024.
Planning to Buy a Kia? Here’s What to Do
If you’ve been eyeing a Kia Seltos, Sonet, or Carens, consider visiting your nearest Kia dealership before April 1st to avail of the current pricing. Alternatively, you can contact the dealership for an estimate on the revised prices after April 1st. Remember, this price increase is a trend across the auto industry, and Kia India remains committed to offering high-quality, technologically advanced vehicles at competitive prices.
