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Improvement in semiconductor shortage issue helped auto makers, including Maruti Suzuki, Hyundai, Tata Motors and Mahindra & Mahindra, report single to high double-digit growth on Monday in their domestic passenger vehicles sales in July. Other manufacturers, Kia India, Toyota Kirloskar Motor (TKM), Honda Cars India, Skoda Auto India, also reported robust growth in their domestic […]
Leading carmakers are grappling with a huge backlog of around 6.5 lakh units, with chip shortage continuing to crimp their manufacturing activities and leading to long waiting period for customers. The country’s largest carmaker Maruti Suzuki India alone has a backlog of around 3.4 lakh units while Hyundai and Mahindra & Mahindra have a combined […]
India’s passenger vehicle exports rose by 26 per cent in April-June 2022 aided by enhanced shipments to Latin America and Africa and a low base of the year-ago quarter that was hit by the second wave of COVID-19. As per the latest data released by the Society of Indian Automobile Manufacturers (SIAM), passenger vehicle shipments […]
Automaker Kia India on Monday said its compact SUV Kia Sonet has crossed the cumulative sales milestone of 1.5 lakh units since launch in September 2020. The model has contributed over 32 per cent of the company’s total sales and commands almost 15 per cent share in the highly competitive compact SUV category, Kia India […]
South Korean automaker major Kia is planning to foray into the electric vehicle segment in India with the launch of its high-end premium electric crossover EV6 later this year. The company, which currently sells models like Seltos and Sonet in the country, will open the bookings for the electric model on May 26. Only 100 […]
Passenger vehicle exports from India increased 43 per cent in FY22, with Maruti Suzuki India leading the segment with dispatches of over 2.3 lakh units, as per the latest data by industry body SIAM. The total passenger vehicle (PV) exports stood at 5,77,875 units in 2021-22 fiscal, as compared to 4,04,397 units in 2020-21. Passenger […]
Automaker Kia India on Friday launched the refreshed versions of its two popular products, Seltos and Sonet, with prices starting at Rs 10.19 lakh and Rs 7.15 lakh (ex-showroom, pan India), respectively. The company said the refreshed versions come with multiple updates and additional features, such as 4 airbags as standard across all lower variants […]
Automaker Kia India on Thursday said its recently launched model Carens has crossed the 50,000 bookings mark. The company said it has attained the milestone in just under two months since its booking opened on January 14, 2022. “The vehicle has struck the right chord with modern Indian families across the country, as 60 per […]
Automaker Kia India on Monday said it has ramped up production to full capacity of 3 lakh units annually with the start of the third shift at its Anantapur plant in Andhra Pradesh. Kia India had commenced mass production from the facility in August 2019. It had recently crossed 5 lakh cumulative dispatches from the […]
Automaker Kia India on Tuesday said it has crossed five lakh units in terms of dispatch across domestic and export markets from its Anantapur plant in Andhra Pradesh. With this, the company has also surpassed the four lakh sales milestone in the country and has already exported over one lakh cars to more than 91 […]