Kia India expects an 8-10% increase in sales this year, driven by improved chip supplies and the launch of the updated Seltos. The company aims to surpass the industry s growth rate and plans to produce around 3.6-3.7 lakh units to meet demand.
Send Bullish on the long-term growth prospects of the Indian car market, South Korean auto maker Kia plans to introduce new models, enhance sales network and also ramp up production capacity to reduce the waiting period on the existing product range, as per senior company officials.
New Delhi:
The carmaker, which currently sells three products, Seltos, Sonet and Carnival, is preparing to drive in a mid-sized multi purpose vehicle (MPV) in the country early next year as it expects the market to start recovering from COVID-19 impact from the festive season this year.Â
âWe are right now focusing on SUV and MPV segments and as part of that we are looking at the feasibility of some kind of a MPV. So we are looking at that possibility and preparing,â Kia India Executive Director and Chief Sales and Business Strategy Officer Tae-Jin Park told PTI in an interaction.Â
Bullish on the long-term growth prospects of the Indian car market, South Korean auto maker Kia plans to introduce new models, enhance sales network and also ramp up production capacity to reduce the waiting period on the existing product range, as per senior company officials. The carmaker, which currently sells three products, Seltos, Sonet and Carnival, is preparing to drive in a mid-sized multi purpose vehicle (MPV) in the country early next year as it expects the market to start recovering from COVID-19 impact from the festive season this year. We are right now focusing on SUV and MPV segments and as part of that we are looking at the feasibility of some kind of a MPV. So we are looking at that possibility and preparing, Kia India Executive Director and Chief Sales and Business Strategy Officer Tae-Jin Park told PTI in an interaction.
Kia lines up new model for Indian market; plans to ramp up production, sales network
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Last Updated: May 02, 2021, 11:26 AM IST
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Synopsis
The carmaker, which currently sells three products, Seltos, Sonet and Carnival, is preparing to drive in a mid-sized multi purpose vehicle (MPV) in the country early next year as it expects the market to start recovering from COVID-19 impact from the festive season this year.
AP
Bullish on the long-term growth prospects of the Indian car market, South Korean auto maker Kia plans to introduce new models, enhance sales network and also ramp up production capacity to reduce the waiting period on the existing product range, as per senior company officials. The carmaker, which currently sells three products, Seltos, Sonet and Carnival, is preparing to drive in a mid-sized multi purpose vehicle (MPV) in the country early next year as it expects the market to start recovering from COVID-19 impact from the festive season this year.