Passenger vehicle wholesales in slow lane in May due to high base effect, elections

Passenger vehicle wholesales in slow lane in May due to high base effect, elections

New Delhi: Passenger vehicle wholesales in India witnessed a marginal growth in May on account of high base effect and muted demand due to general elections. The overall passenger vehicle dispatches from companies to dealers stood at 3,50,257 lakh units last month as compared to 3,35,436 in the same month a year ago, registering a … Read more

car inventory: Car dealers may end up with 400K unit inventory

car inventory: Car dealers may end up with 400K unit inventory

Carmakers expect to face a record stockpile of 400,000 vehicles worth ₹44,000 crore by this month-end as demand cools in India after a 3-year run of scorching sales. With car despatches to dealers outpacing demand, passenger vehicle registrations, taken as a proxy for retail sales, are also expected to fall by 5% in May from … Read more

Kia India announces price hike across model range including Seltos and Sonet: Here’s by how much

Kia India announces price hike across model range including Seltos and Sonet: Here’s by how much

Kia India, a subsidiary of the South Korean carmaker Kia Motors, has announced a substantial price hike of up to 3 percent on all its mass models, including the popular Seltos, Sonet, and Carens, effective from April 1, 2024. The manufacturer says that this move comes in response to the surge in commodity prices and … Read more

Kia India: Kia appoints Gwanggu Lee as MD and CEO of its India operations

Kia India: Kia appoints Gwanggu Lee as MD and CEO of its India operations

Korean auto major Kia Tuesday announced the appointment of Gwanggu Lee as the new Managing Director and CEO of its India operations with immediate effect. Lee succeeds will Tae Jin Park, who is retiring after a 36-year journey with Kia Corporation and 4 years with Kia India. With over 30 years of experience in the … Read more

Sonet: Kia Sonet facelift bookings to open tomorrow: Booking amount, expected price, features, specifications and more

Sonet: Kia Sonet facelift bookings to open tomorrow: Booking amount, expected price, features, specifications and more

Kia India recently revealed the 2024 Kia Sonet facelift to the Indian market. The new Sonet facelift gets minor cosmetic changes, improved dynamics, additional features, added safety, a new gearbox and much more. Ahead of its launch, the bookings for the SUV will commence from tomorrow i.e., December 20. Kia is expected to launch the … Read more

Kia: Kia India draws up aggressive biz plan; to jack up production, widen sales network next year

Kia: Kia India draws up aggressive biz plan; to jack up production, widen sales network next year

South Korean automaker Kia is looking to expand production, sales network and its product range in India next year as part of an “aggressive business” plan to counter enhanced competition in the market, a top company official said on Thursday. The automaker, which on Thursday globally premiered the latest version of its compact SUV Sonet, … Read more

Kia Sonet facelift: Kia India launches new Sonet facelift; here’s all you need to know about the new model

Kia Sonet facelift: Kia India launches new Sonet facelift; here’s all you need to know about the new model

Kia India launched the new and updated Kia Sonet facelift to the Indian market on Thursday with enhanced features and new upgrade. Pre bookings for the new model will start from December 20 onwards. The new Sonet facelift features cosmetic upgrades, additional features, improved dynamics, improved safety and much more. The company had released multiple … Read more

2024 Kia Sonet facelift India launch tomorrow: Expected price, design changes, features and more

2024 Kia Sonet facelift India launch tomorrow: Expected price, design changes, features and more

Kia India is all set to launch the new and updated Kia Sonet facelift to the Indian market on December 14, 2023. The new Sonet facelift will feature cosmetic upgrades, additional features, improved dynamics, improved safety and much more. The company has released multiple teasers on social media which reveal the front and rear facia … Read more

New Kia Sonet to have better resale value than older model: Here’s why

New Kia Sonet to have better resale value than older model: Here’s why

A recent Total Cost of Ownership (TCO) analysis done by global research and consulting firm, Frost & Sullivan, states that the Kia Sonet compact SUV is one of the most cost-efficient vehicles to own in its segment. The TCO report has been prepared on parameters based on a typical 5 year and 50,000 km ownership. … Read more

Kia Sonet facelift launch date confirmed: Sharper LED headlights, new alloys and more

Kia Sonet facelift launch date confirmed: Sharper LED headlights, new alloys and more

Launched back in 2020, the Kia Sonet sub-4m SUV has completed over three years in the Indian market, and the Hyundai Venue, Tata Nexon rival is now ready for a mid-life makeover. Kia has released a new teaser of the upcoming Sonet facelift, confirming that the updated car will be launched in India on December … Read more