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
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 on Friday said it has tied up with Orix auto infrastructure services to introduce a new ownership experience programme. The company has inked a Memorandum of Understanding (MoU) with Orix ‘Kia Lease’. The initiative aims to enhance brand accessibility and offer customers another option to own Kia without any maintenance, insurance, or resale … Read more
Kia India announced its partnership with Map My India to offer navigation solutions to its customers nationwide, reported PTI on Thursday. By integrating Map My India’s navigation solutions, Kia aims to provide support to drivers, ensuring easy access to essential services and amenities. The platform’s database covers over 450 categories of four-wheeler-specific points of interest, … Read more
Maruti Suzuki, the country’s largest carmaker, on Wednesday raised prices of its hatchback Swift and select variants of its sport-utility vehicle model, Grand Vitara. Prices of the Swift have been increased by up to Rs 25,000 while only the Sigma variant of the Grand Vitara got an increase of Rs 19,000, the company said in … Read more
New Delhi: Kia India on Friday said it is planning to have around 700 sales and service touchpoints in 300 cities by the end of the year. The automaker, which sells models like Seltos and Sonet, has 522 such touchpoints across 236 cities. The company said it is focussed on strengthening its presence in Tier-1 … Read more
New Delhi: Kia India on Thursday said it will increase prices of its range of vehicles by up to 3 per cent from April 1, 2024. The decision is attributed to the escalation in commodity prices and supply chain-related inputs, the automaker, which sells models like Seltos, Sonet and Carens, said in a statement. It … Read more
Kia India announced on Friday that it is voluntarily recalling 4,358 units of a petrol variant of its mid-sized sports utility vehicle Seltos to replace the electronic oil pump controller. “Kia is recalling Smartstream G1.5 Petrol Seltos with IVT transmission, manufactured between February 28 and July 13, 2023,” the South Korean automaker said in a … Read more
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
Kia India on Tuesday said it has appointed Gwanggu Lee as the new Managing Director and CEO with immediate effect. Lee succeeds Tae Jin Park, who retires after a 36-year journey with Kia Corporation including a four year stint with Kia India, the automaker said in a statement. Lee has held leadership positions in various … Read more
