This car company became famous not only in India but all over the world, sold more than 30 lakh vehicles

This car company became famous not only in India but all over the world, sold more than 30 lakh vehicles

by with No Comment Car Review

New Delhi. Kia Corporation has achieved tremendous achievements in terms of auto sales. The company has announced today that the company's global sales in 2025 will be 31,35,803 units, which is the company's highest global annual sales till date. This is an increase of 2 percent compared to the same period last year. Kia's 2025 sales outside Korea stood at 25,84,238 units, up 2 percent compared to last year. A total of 5,45,776 units were sold in Korea, which is an increase of 1 percent. Kia is quite popular as a car brand in India also. The company's Indian product portfolio includes cars like Kia Seltos, Kia Cornwall, Kia Sonet. Kia Seltos was the company's first car in India. The company had gained popularity in the market within a short time after its launch.

Sportage SUV at the forefront
Sportage SUV remained at the forefront in terms of global sales in 2025, with 5,69,688 units sold. This was followed by Seltos SUV (2,99,766 units) and Sorento SUV (2,64,673 units). The company's best-ever annual sales were driven by the launch of new and competitive models such as the Kia EV3, the new K4 sedan and the hybrid Carnival MPV, as well as flexible business operations that led to growth in both vehicle production and supply.

increase global sales
Kia's target is global sales of 33,50,000 units in 2026. The brand estimates that 27,75,000 vehicles will be sold outside Korea and 5,65,000 units in Korea. Kia also hopes to sell 10,000 utility vehicles worldwide.

impact of tariffs
Kia maintained global growth last year through market-specific sales strategies and is facing volatile industry sentiments, including the impact of tariffs. The company focused on expanding its hybrid vehicle line up in the US and strengthened its market position by increasing sales of electric vehicles in Europe. This year, Kia plans to maintain the sales momentum and increase its presence in the global market. For this, the company will expand the hybrid lineup for major SUV models, which includes the new Telluride SUV and Seltos SUV.

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Big preparations for the festive season! More than 20 cars will be launched in the next 3 months, the market will be flooded with SUVs

Big preparations for the festive season! More than 20 cars will be launched in the next 3 months, the market will be flooded with SUVs

by with No Comment Car Review

New Delhi. If you are planning to buy a new car, then this festive season is going to be very special for you. More than 20 new cars are going to be launched in the Indian market in the coming 3 months. New cars will be launched from Navratri to Christmas and will be introduced with updated models and features. According to the information, in this festive season, companies are ready to spend Rs 20 lakh crore in the auto industry. The price of the cars to be launched will be between Rs 6 lakh and Rs 2.25 crore.

Looking at the demand of the customers, the auto companies are focusing on the launch of SUVs and 7 seater vehicles. Mercedes, Kia and Volkswagen are bringing premium SUVs. 80% of these cars are from the SUV-MPV segment.

The trend of SUVs is getting stronger
Car buyers are always attracted to new features. This makes the customer decide to buy a car. Car manufacturers launch new cars taking advantage of this mindset of the customer. Currently, a strong trend of SUVs is being seen. Keeping this trend in mind, companies are also preparing to attract rich customers. The market is full of SUVs as compared to hatchbacks of the same size. Customers are liking cars with airbags, sunroof, infotainment and comfortable features more. It is expected that dealers will receive attractive bookings for cars before the festive season.

12% more discount than last year
Currently, car dealers have an inventory of about 75 days, which should normally be 30-45 days. Dealers have 7.8 lakh cars worth Rs 80 thousand crores ready to be sold. The cost of maintaining these cars in the showroom is increasing. If these cars are parked for a long time, the margin will reduce to 1%. Therefore, dealers are selling these cars by giving huge discounts.

According to global automotive and intelligence firm JATO Dynamics, the average discount of vehicle companies is 12% higher this year compared to last year. There is a discount of Rs 20 thousand to Rs 3.25 lakh on vehicles. In 2023, it was Rs 25 lakh to Rs 1 lakh, which was 40-45% higher than 2022. According to the data, the average discount on vehicles right now is Rs 38,816, which was Rs 34,630 in 2023.

Tags: Auto News, Car Discount Offers, Festive Offer

FIRST PUBLISHED : September 15, 2024, 11:02 IST

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