In 30 months of doing business in Vietnam, Kia has sold nearly 3.9 thousand units.
Kia India recorded 1.4% year-on-year growth in its total sales in January compared to the same period last year. The company sold 19,319 units last month, cementing its position as one of the five best-selling automakers in the country. That Seltos is the model that contributes the most to sales with 11,483 units, occupying the position in the top 10 best-selling cars of the month.
In 30 months of doing business in Vietnam, Kia has sold nearly 3.9 thousand units. The company predicts that supply chain constraints will continue until early 2022, but it hopes to address the situation by careful market planning and estimation, thus maintaining steady production to respond to current market trends. However, the automaker expects that the semiconductor crisis will begin to show signs of recovery in the second quarter.
Kia is currently preparing to launch the 4th product in the country, after Seltos, Sonet and Carnival. Korean car company recently launched the first unit of a three-row vehicle from the Anantapur production facility in Andhra Pradesh. The car was booked by nearly 8,000 customers in the first 24 hours since the booking window opened. Hardeep Brar, Vice President and Head of Sales & Marketing, Kia India said: “January was overwhelming with our latest Kia Carens, which received a record response.
The Carens is an India-specific model that was first introduced to the world in December and will compete in the Rs lakh 20-seat three-row car market with the Hyundai Alcazar, Tata Safari and Mahindra XUV700 as its main rival. “We are confident that the introduction of the Kia Carens three-row entertainment vehicle will strengthen our position in the Indian auto industry,” added Brar.
Date of first publication: February 1, 2022, 04:34 PM IST